Rice export rates ease in India as supply picks up : Bulletin: Business Today
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Rice export rates ease in India as supply picks up

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Rashi Bisaria | February 26, 2021

Rice export rates ease in India as supply picks up

Rice export rates in top exporter India eased this week as supplies rose, while neighbouring Bangladesh considered allowing higher imports by private traders as domestic rates continued to soar.The country's rice output is expected to increase to 120.32 million tonnes in the crop year to June 2021.

Bomb scare outside Mukesh Ambani's residence; explosive material found

Explosive material was recovered from a suspicious vehicle outside Mukesh Ambani's residence in Mumbai on Thursday. Bomb Detection and Disposal Squad (BDDS) and other police teams found 20 gelatin sticks in the vehicle parked near Antilia on Carmichael Road, under the jurisdiction of Gamdevi police station. The Crime Branch of Mumbai Police is further investigating the matter.

China's Xiaomi expands manufacturing in India, adds 3 new partners for smartphones, smart TVs

Chinese technology company Xiaomi, which happens to be the number one smartphone brand in the country, is expanding its manufacturing in India. Xiaomi has added three more partners, of which, two will set up manufacturing plants for smartphones and one for smart TVs. The new partnerships are expected to further increase Mi India's manufacturing capacity in India.

Nirav Modi to be extradited to India; Arthur Road Jail fit for him, rules UK court

Dismissing fugitive diamantaire Nirav Modi's "mental health concerns," UK extradition and district judge Samuel Goozee on Thursday ruled that Modi will be extradited to India to stand trial. He said Modi has a case to answer for in India, and that Barrack 12 at Arthur Road Jail in Mumbai is fit for him. The judge said, "mental health concerns" as cited by Modi were not unusual in a man in his circumstances. Nirav Modi conspired to destroy evidence and intimidate witnesses and he won't be denied justice if he's extradited to India, the UK judge ruled.

Govt announces new guidelines for social media, aims to track down first originator of mischievous content

Emphasising the need for regulating social media and OTT platforms, the government of India has introduced new guidelines regulating the same.  Amidst growing concerns around lack of transparency, accountability, and rights of users related to digital media, the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 has been framed.

Zomato increases pay for delivery partners to account for increase in fuel prices
Food delivery platform Zomato on Thursday said it has increased the remuneration for its delivery partners on account of the recent increase in fuel prices. Fuel prices have been on the rise for last few days, with a litre of petrol crossing Rs 100 mark in some states.

India witnessed second-highest number of cyberattacks in Asia-Pacific in 2020

India reported the second highest number of cyber attacks after Japan in the Asia-Pacific region in 2020, according to the annual IBM X-Force Threat Intelligence Index. According to this report, India accounted for 7 per cent of all cyber-attacks observed in Asia in 2020. Finance and insurance was the top-attacked industry in India

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