Lockdown may lead to natural rubber scarcity in post-Covid days

The easing of curbs for just about all plantation crops in Kerala other than all-natural rubber has put the sector in doldrums, as it feared that the lockdown may perhaps direct to a shortage of rubber in the post-Covid days.

The all-natural rubber sector has shed an opportunity of a fantastic crop harvesting in the lockdown period of March and April when the State been given fantastic summer showers. The constraints have led to a predicament of an impending rubber scarcity in the current market, C Sabu, Joint Rubber Manufacturing Commissioner, Rubber Board, explained to BusinessLine.

The discontinuation of

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Govt gives Infosys 15 days to submit plan to quickly fix glitches in GSTN

The finance ministry has asked Infosys to provide within 15 days a plan for quick resolution of glitches on the GSTN portal, as it took strong note of the “unresolved” problems and “tardy” progress made over the last two years on multiple issues faced by taxpayers in filing returns.

On Saturday, Revenue Secretary held a meeting with top Infosys officials on the persistent glitches seen on GST network, and decided to ask Infosys Chairman Nandan Nilekani to make an urgent presentation before the GST Council on March 14.

Meanwhile, in a strongly worded letter

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Cipla down 8% in 5 days, nears 52-week low on warning letter for Goa plant

Shares of Cipla were being buying and selling decrease for the fifth straight working day, down three for every cent at Rs 409 on the BSE on Thursday. The company on Wednesday stated it acquired a warning letter from United States Foodstuff and Drug Administration (USFDA) for its Goa producing facility.

The inventory of the pharmaceutical company was buying and selling near to its fifty two-7 days small of Rs 390 touched on Oct 11, 2019. In the previous 5 buying and selling days, Cipla slipped eight.five for every cent, as in contrast to a four for every cent drop

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