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Joe Biden signed a government spending legislation into law late last week, avoiding a potential government shutdown ahead of the holiday season after the US Congress passed it.
The legislation would extend government funding until March 14, provide $100 billion for disaster-hit states and $10 billion for farmers, and extend farm and food aid programmes due to expire at the end of the year.Read More

In the current season starting October 2024, the Cotton Corporation of India has procured 30.98 lakh bales of cotton due to lower market prices than the minimum support price.
With over two-thirds sourced from Telangana, the procurement efforts have increased significantly, especially as farmers opt to sell at government rates, facing a notable price gap.Read More

NITMA has elected new office bearers during its 67th AGM on December 21, 2024.
Sidharth Khanna, director of Arisudana Industries, is the new president, joined by Munish Avasthi as senior VP and Ujjwal Garg as VP.
NITMA expressed gratitude to outgoing leaders Sanjay Garg and Mukesh Tyagi and emphasised a collective vision for the textile industry’s growth and development.Read More

Merck KGaA, Darmstadt, Germany, will invest over $72.8 million in a new Advanced Materials Development Center at its Shizuoka site, bringing total investment to $124.8 million since 2021.
Opening in 2026, the AMDC will enhance R&D in semiconductor materials, promote sustainability, and support global electronics growth through innovation and collaboration.Read More