New Delhi, Apr 12 (PTI) Manufacturers of small packaged fruit juices and dairy products on Tuesday sought an extension of the July 1 deadline for implementing ban on plastic straws and said the imported paper straws are expected to increase their input cost but unlikely to meet the industry's requirement. Arguing that there is no [...]
New Delhi, Apr 12 (PTI) Asserting that the economic situation is likely to improve during the year, Chief Economic Adviser V Anantha Nageswaran on Tuesday expressed hope that the private sector is expected to accelerate capital expenditure from the second half of the current fiscal. The investment from private sector has been muted for past [...]
New Delhi, Apr 12 (PTI) Retail inflation soared to a 17-month high of 6.95 per cent in March, continuing to remain above the Reserve Bank's upper tolerance level while the factory output grew just 1.7 per cent in February, according to official data released on Tuesday. The Consumer Price Index (CPI) based inflation rose mainly [...]
Within a week of steeply increasing the retail price of CNG and PNG, the city gas utility announced another hike in the prices of these fuels by Rs 5/kg and Rs 4.50, effective Tuesday midnight, citing the massive rise in input prices. It had earlier raised the retail price of auto fuel CNG and cooking [...]
New Delhi, Apr 12 (PTI) Union Minister for Housing and Urban Affairs Hardeep Singh Puri on Tuesday asserted that there should be no dilution of the provisions of the Real Estate (Regulation and Development) Act, called as RERA, by states, and assured that the Centre will not bring the "whole template down" even if some [...]
New Delhi, Apr 12 (PTI) Union Minister Nitin Gadkari on Tuesday said there is a need to increase the growth rate and per capita income of India's aspirational districts.Gadkari further said increasing exports and reducing imports are the national mission of the government."There is a need to accelerate economic growth of the country," the road transport [...]
New Delhi, Apr 12 (PTI) Finance Minister Nirmala Sitharaman on Tuesday met an EU delegation led by Member of the European Parliament (MEP) Bernd Lange and discussed issues of mutual interests, including the India-EU trade pact.As two of the largest open market economies and pluralistic societies, India and the EU can work towards a partnership that [...]
New Delhi, Apr 12 (PTI) Amid the industry's concerns over less-than-expected price cuts, Trai Chairman PD Vaghela on Tuesday asserted that the regulator's recommendations of a 39 per cent drop in spectrum prices are rational, attractive and backed by "scientific calculations".Vaghela told PTI that in view of the huge market potential of 5G, he is [...]
New Delhi, Apr 12 (PTI) Amid the industry's concerns over less-than-expected price cuts, Trai Chairman PD Vaghela on Tuesday asserted that the regulator's recommendations of a 39 per cent drop in spectrum prices are rational, attractive and backed by "scientific calculations".Vaghela told PTI that in view of the huge market potential of 5G, he is [...]
New Delhi, Apr 12 (PTI) The government completed transactions worth Rs 96,000 crore under the National Monetisation Pipeline (NMP) in 2021-22, surpassing the ambitious programme's first-year target of Rs 88,000 crore, a top official said on Tuesday.According to the official, Finance Minister Nirmala Sitharaman in a meeting with CEO Niti Aayog, finance secretary, and secretaries [...]