๐ Sugar Diversion Halted: Govt Bans Sugarcane and Syrup for Ethanol Blending
๐The central government has completely barred oil marketing companies (OMCs) from procuring ethanol made from sugarcane juice, sugar syrup, sugar, and B-heavy molasses for the 2026โ27 supply year.
๐จ๐๐ฎ๐ณ India is set to SURPASS ๐ฏ๐ต Japan and become the WORLD's 4th LARGEST ECONOMY by 2027 with a nominal GDP of $4.52 TRILLION, according to IMF projections.
๐ IMF had raised Indiaโs 2026 growth forecast to 7.0%.
๐จCanada Overhauls PR System to Fast-Track Skilled Workers:
๐จ๐ฆ Canada is changing its immigration rules to give eligible skilled workers, including many ๐ฎ๐ณ Indian professionals, a better chance of getting permanent residency.
๐จ๐ฎ๐ณ India needs sustained 8โ9% annual economic growth to become a developed nation by 2047.
โ Saurabh Garg, Statistics Ministry Secretary.
#modi#rajglobaltrader
๐จBIG:
๐จFSSAI Initiates Prosecution Against Priyagold:
The Food Safety and Standards Authority of India (FSSAI) has initiated legal prosecution proceedings against M/s Surya Food & Agro Ltd., the manufacturer of Priyagold biscuits.
#FSSAI
๐ Economic Flip: India Set to Race Past Bangladesh in GDP Per Person by FY29.
๐ฎ๐ณ๐ง๐ฉ India is projected to overtake Bangladesh in per capita GDP by financial year 2029, according to latest International Monetary Fund (IMF) data.
#india#GDP
๐จBIG:
๐บ๐ธ US waives proposed 100% tariffs on ๐ฎ๐ณ India over Russian oil purchases.
US government has decided not to apply proposed tariffs on India for its ongoing purchase of Russian oil and gas, keeping bilateral trade smooth and easing 100% tariff threat on India.
#viralpost
๐จBIG
โ๏ธThe Indian government will not cap airfares on domestic flights, allowing airlines to operate freely based on market demand under new rules.
Is it a good decision?
Yes ๐๐ป or No ๐๐ป
#rajglobaltrader
๐จ๐ Indiaโs foreign exchange reserves fell by $8.58 billion to $726.03 billion in the week ended October 9, according to RBI data.
Foreign currency assets declined by $7.14 billion, while gold reserves dropped by $1.32 billion.
#Rbi#rajglobaltrader