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Retail inflation for industrial workers eases to 5.04% in Feb

New Delhi, Mar 31 (PTI) Retail inflation for industrial workers eased to 5.04 per cent in February from 5.84 per cent in January this year mainly due to lower prices of certain food items. Inflation based of the consumer price index for industrial workers (CPI-IW) was at 4.48 per cent in February 2021, a labour [...]

India’s current account deficit widens to 2.7% in December quarter

Mumbai, Mar 31 (PTI) India's current account deficit widened to USD 23 billion or 2.7 per cent of the GDP in the December quarter, the Reserve Bank said on Thursday. The health of current account, which is a key indicator of a country's external strength, has deteriorated when compared to the preceding September quarter as [...]

Govt to prepare action plan to boost sunflower production after studying states’ views: Tomar

New Delhi, Mar 31 (PTI) The government will prepare an action plan to augment areas and production of sunflower in the country after studying suggestions of various states and experts, Agriculture Minister Narendra Singh Tomar said on Thursday. Tomar, after holding a detailed discussion with state governments and experts, said the sunflower production will be [...]

Gujarat recorded lowest GSDP growth in five years during 2020-21: CAG

Gandhinagar, Mar 31 (PTI) Gujarat recorded its lowest Gross State Domestic Product (GSDP) growth in five years in financial year 2020-21 -- when the coronavirus pandemic began -- the Comptroller and Auditor General of India (CAG) has noted in its report.This period saw lockdowns and various restrictions being imposed on account of the pandemic.The `State [...]

Direct selling industry grows 7.7% to Rs 18,067 cr in FY21: Report

New Delhi, Mar 31 (PTI) The direct selling industry grew 7.7 per cent in the pandemic impacted FY21 to cross the Rs 18,000 crore mark for the first time, according to a report.The industry's sales stood at around Rs 18,067 crore in 2020-21, which is an increase of Rs 1,291 crore over Rs 16,776 crore [...]

Interest rates on small savings schemes unchanged for first quarter of FY23

New Delhi, Mar 31 (PTI) The government on Thursday kept interest rates on small savings schemes, including NSC and PPF, unchanged for the first quarter of 2022-23 due to an elevated level of inflation.The interest rate has not been revised since the first quarter of 2020-21.Public Provident Fund (PPF) and National Savings Certificate (NSC) will [...]