At an average national price of Rs 90 a kg in the retail market, it shows a jump by 20% in the last two months.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
Speaking to PTI, Vaishnaw said that the telecom reforms package cleared by the Cabinet is adequate for the survival of existing players, and will ensure robust competition in the sector. With more reforms, and more structural changes, that are in the pipeline, "more players should come", he added.
Amid an outcry over record high petrol and diesel prices, Union Finance Minister Nirmala Sitharaman on Saturday said the Centre and state governments will have to together work out a mechanism to bring retail rates to reasonable levels.
Facing an acute shortage of COVID-19 vaccines, the Odisha government on Monday decided to float a global tender for procuring the vaccine to inoculate the states entire population, Chief Secretary S C Mohapatra said.
Yadav denied any possibility for a post-poll alliance between the BJP and the Rashtriya Lok Dal's Jayant Choudhary.
The demand for milk and milk products slumped during the Covid-19 lockdown mainly from hotels, restaurants, sweetmeat shops which were shut to control the spread of the disease.
As Vijay Goel began speaking on the "poor quality and unsafe water" in Delhi, AAP's Sanjay Singh started countering him in a loud voice.
'Hope they don't tinker around with capital gains tax in any way.'
We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.
The RSS wants three nominees inducted: Tejaswi Surya, the young BJP MP from Bengaluru South, Vinay Sahasrabuddhe, a Rajya Sabha member, and former Maharashtra chief minister Devendra Fadnavis.
"Everything we consume, we have to consume responsibly," the textile minister said at Lakme Fashion Week.
In one of the steepest increases since daily price revision was started, petrol price on Thursday was hiked by 25 paise per litre and diesel by 30 paise as oil companies raised rates for the third straight day to pass on to consumers the increase in international oil prices.
Petrol price on Tuesday was increased by 15 paise per litre and diesel by 18 paise as State-owned fuel retailers started passing on the increase in international oil prices to consumers after an 18-day hiatus.
The government's decision to release the reports comes two days after over 200 scholars from across the globe issued a statement demanding release of all withheld reports produced by the NSO, including the household consumer expenditure survey that was junked.
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
Digitisation can help improve procurement, streamline payments, converge producers with consumers and accelerate adoption and dissemination of new farm technologies.
The Union Cabinet on Wednesday approved revision in guidelines for providing direct to home (DTH) services in the country under which licenses would be issued for 20 years, Union minister Prakash Javadekar said. The Union Cabinet has also approved 100 per cent FDI in the DTH broadcasting services sector, Javadekar said, adding that while the commerce ministry had spoken of 100 per cent FDI in the DTH sector, the guidelines of the information and broadcasting ministry needed to be changed.
Candidates will be short-listed for interview on the basis of the information provided by them in their online application, the statement said.
Union leaders, who came out of the meeting venue shouting slogans, said the talks remained deadlocked and some of them threatened to boycott any further meetings if no solution was found at Thursday's meeting.
Bach said the International Olympic Committee had limited means of action.
Union officials said with increasing possibility of further extension of the coronavirus-induced lockdown, several auto and taxi drivers are going to their native places in their black and yellow coloured auto rickshaws and taxis.
Cash-strapped telco Vodafone Idea's proposal for investment of up to Rs 15,000 crore through foreign direct investment (FDI) has been approved by the Union government, according to officials. A top-level group, comprising representatives from the ministries of home affairs, external affairs, finance and commerce and industry, took the decision. The nod, which is an enabling provision, would help the financially-stressed company raise funds to pay up some of its dues linked to adjusted gross revenue (AGR), reduce debts and use the money for operational expenses.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Russia's war on Ukraine has sent steel prices soaring to its highest levels in the domestic market since November 2021. But there is little cheer in the industry. That's because input costs are spiralling out of control, leaving the big boys nearly as high and dry as the small, medium and secondary steel producers. Russia and Ukraine are major providers of steel and raw materials to the world.
The government further defended its move to introduce fixed-term employment, insisting that the present system of hiring workers through contractors is exploitative.
Petrol price on Thursday was hiked by 35 paise per litre and diesel by 15 paise, pushing rates to a new high across the country. Petrol in Delhi now costs Rs 101.54 a litre and diesel Rs 89.87 per litre, according to a price notification of state-owned fuel retailers. The increase comes after rates stayed mute for three days. Petrol price was last hiked on July 12, on a day when diesel rates had seen its first reduction in almost three months. The increase on Thursday neutralised the 16 paise price cut in diesel on July 12.
'Aquaponics can effectively cushion the impact of a calamity like COVID.'
83% of the CEOS plan to hire more in the new year.
Russia is among the top buyers of Indian tea, accounting for about 18 per cent of the industry's total exports.
With the world's worst outbreak of COVID pandemic stalling a nascent economic recovery, the government has begun assessing the impact of the second wave of infections on different sectors and may look at providing support at an appropriate time to segments requiring fiscal help. Some of the economic indicators, including the Goods and Services Tax (GST) collections, still provide confidence and incoming data will throw some more light on the state of the economy, sources said. Services sectors like hospitality, tourism and aviation which had just started recovering were hit hard by the second wave of COVID, the sources said, adding these segments might need some support on an urgent basis from the government.
The agriculture ministry, in the last few weeks, issued guidelines and letters to states to ensure agriculture and food products reach consumers in a timely manner, while farmers don't have to come to the mandis to sell them.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
'Usually, customers who don't get loans from banks approach NBFCs.' 'This is one reason NBFCs price their loans costlier than PSBs or private banks.' 'NBFCs will have higher delinquencies levels than private banks for most products.'
Why the 2020 Padma Shri Awards are an honour truly worth celebrating.
The finance minister's meeting with chief executives and managing directors of banks ahead of the Union Budget assumes significance in view of the critical role the banking sector plays in boosting consumer demand across sectors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bharatiya Kisan Union leader Rakesh Tikait on Saturday asked the Centre to explain to farmers why it does not want to repeal the three farm laws, while promising it that they 'will not let the government bow its head' before the world.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
OMCs' Digital India move is likely to have an impact on more than 80.3 million Pradhan Mantri Ujjwala Yojana consumers, majority of whom are not exposed to digital transact.
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