GST rates on Ethyl alcohol reduced from 18% to 5%
A R DAS / NEW DELHI GST Council has decided to reduce the tax rates on Ethyl alcohol from 18 per cent to five per cent, supplied to refineries for…
FM Sitharaman asks industry bodies to highlight India’s achievements in Banking, Education sectors
95th FICCI India Annual Convention Andalib Akhter / NEW DELHI Finance Minister Nirmala Sitharaman today asked industry bodies to highlight India’s achievements in Banking, Education and other sectors. Speaking at…
Indicators of global hunger index do not reflect India’s true picture: Govt in Lok Sabha
Staff Reporter The government today said that indicators of the global hunger index were flawed and did not reflect the country’s true picture. In reply to a question in the…
India plans to boost Green Economy
A Akhter As per IMF’s World Economic Outlook (WEO), October 2022, India is projected to grow at 6.8 per cent in the year 2022 which is one of the fastest…
US Federal Reserve raises key interest rate for the 7th time, likely to hike again
AMN/ WEB DESK The US Federal Reserve has reinforced its inflation fight by raising its key interest rate for the seventh time this year and signaling more hikes to come.…
Proactive steps taken to curb price rise: Govt
Sufficient stock of food grains available to meet need of welfare schemes Staff Reporter The Government has said that it has sufficient foodgrain stocks under the Central Pool to meet…
Inflation is declining continuously in India benefiting the poor, says FM Sitharaman
By Andalib Akhter Finance Minister Nirmala Sitharaman today asserted that inflation was declining in the country continuously which is benefiting the poor. She said that the Wholesale price index has…
Oil prices rise around 1% amid reports of oil demand rebound in 2023
AMN/ WEB DESK Oil prices were up around 1% today amid reports of oil demand rebound in 2023 from OPEC and the International Energy Agency. However, signals from data indicating…
U.S. stocks rise after an unexpectedly small consumer price increase
AMN/ WEB DESK U.S. stocks rose yesterday after an unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could soon dial back its inflation-taming interest rate hikes. The…
TMC Mahua Moitra slams Govt over fall in industrial output, other indicators
Staff Reporter Trinamool Congress MP Mahua Moitra today hit out at Narendra Modi led BJP government at centre citing data showing industrial contraction and questioned the Centre’s handling of the…