New Delhi : Base effect along with a fall in cost of food and primary articles eased India’s annual inflation rate based on wholesale prices to 4.53 per cent in August from a 5.09 per cent rise in July. However, ...
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Feed SubscriptionCoal India could close 53 underground mines this fiscal
Kolkata : Coal India, which is looking to rationalise its underground mines in view of safety and financial viability, could close about 53 such mines this year, its Chairman Anil Kumar Jha said on Wednesday. He said manpower would “not ...
Read More »Himachal promoting cultivation of medicinal plants
Shimla : Himachal Pradesh is promoting the cultivation and conservation of medicinal plants by encouraging farmers to cultivate them, the government said on Sunday. Under the National AYUSH Mission, the government is providing financial assistance for which farmer clusters have ...
Read More »High crude oil prices drive rupee to fresh low
Mumbai : High global crude oil prices, along with continuous outflow of foreign funds pulled the Indian rupee to a fresh low on Thursday. According to analysts, caution ahead of key macro-economic data, coupled with a rise in demand for ...
Read More »Textiles, agriculture, pharma, IT: Moldova beckons India
By Aroonim Bhuyan, New Delhi : The East European nation of Moldova is wooing Indian investors in the areas of textiles, agriculture, pharmaceuticals and IT among others as it is set to open an embassy in this country in 2019, ...
Read More »Lower food prices cool India’s July retail inflation to 4.17%
New Delhi : Lower food prices eased India’s July retail inflation to 4.17 per cent from 4.92 per cent in June, even as it continued to rule over the Reserve Bank of India (RBI)’s medium-term inflation target of 4 per ...
Read More »Government looks to bring efficiency in tea auction system
By Bappaditya Chatterjee, Kolkata : Amid stagnating prices of tea in auctions, the central government is looking at the “imperfection” of the primary market as it aims to bring more efficiency in the system after sellers and buyers of the ...
Read More »Exports of jute products to rise despite concerns over quality
By Bappaditya Chatterjee, Kolkata : Despite challenges in procuring quality raw jute, exports of diversified products made of the golden fibre are expected to grow over 10 per cent to cross the Rs 600 crore mark in the current financial ...
Read More »Will pass full benefits of GST rate cut to consumers, say tech companies
New Delhi : Welcoming the government’s decision to slash Goods and Services Tax (GST) rates on over 50 items including refrigerators, washing machines and small televisions, several consumer electronics companies, including Samsung, have promised that they will pass on the ...
Read More »TV, refrigerator, washing machines to get cheaper, GST rate cut on 50 items
New Delhi : In a relief for common man, the GST Council on Saturday reduced tax rates on over 50 items including refrigerators, washing machines and small televisions, which would now be taxed at 18 per cent, down from the ...
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