Warring seeks MSP guarantee as promised to farmers Demands Rs 50-70 cr annual research grant for PAU Seeks debt relief for farmers on pattern of industry loan waiver Reveals, Punjab didn’t get a penny of Rs 1600 cr flood relief Demands withdrawal of the law on stubble burning Chandigarh/New Delhi 18 March ( Ranjeet Singh Dhaliwal ) : Punjab Congress president and Ludhiana MP Amarinder Singh Raja Warring today demanded that the government of India should bring the law to provide MSP guarantee to the farmers as had been promised to them when they withdrew their 15 month long strike against three farm laws. He also demanded Rs 50 crore to Rs 70 crores annual research grant for the Punjab Agricultural University, Ludhiana to improve the research facilities for better agriculture. The Ludhiana MP made a strong case for providing debt relief to the small and marginal farmers through one time settlement by waiving off their interests. He asked, if the government can waive off loans worth Rs 1...
Globe Textiles Posts Stellar Q3 Results with 53.7% Profit Surge and 46.2% Revenue Growth Chandigarh 28 February ( Ranjeet Singh Dhaliwal ) : Globe Textiles, a leading player in the textile sector, has announced its financial results for the third quarter and nine months ending December 31, 2024. The company reported impressive growth in revenue and net profit, reflecting on its business strategy and operations are working well. For the quarter ended December 31, 2024, revenue surged by 46.2% to ₹ 15,159.21 lakhs, compared to ₹ 10,367.19 lakhs in the corresponding period of the previous year. Net profit increased by 53.7% to ₹ 291.42 lakhs from ₹ 189.55 lakhs in the same period last year. For the nine months ended December 31, 2024, revenue saw a 20.8% rise to ₹ 42,397.79 lakhs from ₹ 35,095.74 lakhs in the previous year. Net profit witnessed a significant 56.6% increase to ₹ 943.55 lakhs, highlighting the company’s sustained growth momentum. Globe Textiles' ₹4,504 lakh Rights Issue...