The standing advisory committee which recommends jute-packaging norms to the government has called for a conditional dilution on the use of jute bags to pack foodgrains for jute year 2018-19 (July-June).
Online travel aggregator Cleartrip has acquired Saudi Arabia-based Flyin, engaged in a similar business, for an undisclosed amount to capitalise on the growing shift to online travel in the Middle East and North African (MENA) region.
Online food delivery platform Swiggy on Thursday took on the unicorn's mantle, raising $210 million in a fresh round of funding, led by Naspers and DST Global. The transaction will also see participation from Meituan-Dianping and another new investor, Coatue Management.
Outgoing chief economic adviser Arvind Subramanian on Wednesday said achieving a double-digit growth would be challenging because of a deteriorating external economic environment, pouring cold water on interim finance minister Piyush Goyal's assertion that the magical number was just round the corner.
India has urged the Organisation of Petroleum Exporting Countries (Opec) to keep crude price at a reasonable level at a time the cartel of oil producers and others are meeting in Vienna to review the production cut agreed till the end of this year.