Wholesale Inflation rises to 6.55% in February
Wholesale inflation shot up to a 39-month high of 6 point 55 per cent in February this year, on account of costlier food and fuel items. Wholesale price based inflation…
Govt to create infrastructure to link farm products to retail markets
ADITYA RAJ DAS /NEW DELHI The government is implementing a central sector scheme for Integrated Cold Chain and Value Addition Infrastructure in the country in order to create infrastructure to…
Pulses importers seek exemption from stock holding limit
Importers of pulses have sought exemption from stock holding limit saying prices will come down only when there is smooth availability of imported Dal. In a meeting with Finance Minister…
Govt approves bonus hike for industrial workers
AMN / The Cabinet has approved increase in bonus ceiling to 7,000 rupees per month for industrial workers. According to the proposal, the wage ceiling for getting bonus has also…
M’rarashtra imposes MACOCA against hoarders
AMN Maharashtra has decided to use stringent MACOCA law against the hoarders and black marketeers while the state machinery began large-scale raids on suspected hording of pulses by the commercial…
Over 5,800 tonnes of pulses seized after action against hoarders
AMN The Centre today said action against hoarders and blackmarketeers has been stepped up and the state governments have seized over 5,800 tonnes of pulses in five states over the…
Series of banking reforms initiated to curb black money: PM
AMN / Prime Minister Narendra Modi has said that the government has initiated a series of banking reforms including re-capitalisation of PSU banks, change in rules for hiring top management…
Govt to import 2000 tonnes more Arhar, 1000 tonnes of Urad dal
Government will import an additional quantity of 2000 tonnes of Arhar and 1000 tonnes of Urad dal. MMTC will float tender immediately. This was decided during a high level meeting…
Pulses hoarding: Centre imposes stock limits for traders
AMN / Government has imposed stock limits on pulses held by importers, exporters, licensed food processors and large departmental retailers to prevent its hoarding. Food and Consumer Affairs Ministry in…
Jaitley pledges a friendly tax regime
AMN / Finance Minister Arun Jaitley has said the government is committed to bring in a reasonable and globally-competitive tax regime through reduction in corporate tax rate to 25 per…