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Sugar above Rs 40/kg: Govt imposes stock limit on mills to check prices Sugar above Rs 40/kg: Govt imposes stock limit on mills to check prices

To check spiralling price of sugar which has crossed Rs 40 per kg, the government on Thursday imposed stock limits on sugar mills during the festival season till October-end.

Bharat Bandh: Strike by 10 trade unions to hit essential services today Bharat Bandh: Strike by 10 trade unions to hit essential services today

Trade union leaders claimed that the strike would be even bigger than the one last year on September 2 and expected the number of striking workers to swell to as much as 18 crore.

Urban unemployment climbs to 11.24% in August, rural 9.18% Urban unemployment climbs to 11.24% in August, rural 9.18%

The unemployment rate for urban areas read 11.24 percent in August 2016, higher than the 9.18 percent in rural pockets, according to data compiled by BSE and CMIE.

Odisha becomes 16th state to ratify GST, Bill ready for presidential nod Odisha becomes 16th state to ratify GST, Bill ready for presidential nod

With the Odisha assembly approving the Constitutional Amendment Bill for GST Thursday, the requirement of 50 percent of states and UTs ratifying it has been completed.

Govt imposes stock limit on mills to to check sugar prices Govt imposes stock limit on mills to to check sugar prices

Government on Thursday imposed stock limit on sugar mills to check prices during festival season, Food Minister Ram Vilas Paswan said on Thursday.

 

Bharat Bandh on Sept 2: Strike by 10 trade unions to hit banking, transport, telecom Bharat Bandh on Sept 2: Strike by 10 trade unions to hit banking, transport, telecom

Essential services such as banking, public transport and telecom may be hit Friday as 10 central trade unions (CTUs) will go on one-day nationwide strike against government's "indifference" towards their demands and effecting "anti-worker" changes in labour laws.

Odisha becomes 16th state to ratify GST Bill Odisha becomes 16th state to ratify GST Bill

The Odisha Legislative Assembly on Thursday unanimously ratified the Constitution Amendment Bill for Goods and Services Tax (GST), paving way for introduction of the landmark tax reform.

Train travel insurance of up to Rs 10 lakh for premium of Re 1 comes into effect Train travel insurance of up to Rs 10 lakh for premium of Re 1 comes into effect

Starting September 1, you will be able to avail insurance cover of up to Rs 10 lakh while booking a train ticket online by paying less than one rupee.

Fall in price of pulses to reflect in retail market soon: Govt Fall in price of pulses to reflect in retail market soon: Govt

Wholesale prices of pulses are gradually falling and its impact will be reflected soon in retail markets as hoarders can not hold the stock for long with arrival of new crop from next month, Food Minister Ram Vilas Paswan said Thursday.

Subsidised LPG price hiked by Rs 2 per cylinder Subsidised LPG price hiked by Rs 2 per cylinder

Subsidised cooking gas (LPG) price was on Thursday hiked by Rs 2 per cylinder, the third straight increase since July in rates as the government looked at monthly increases to cut down subsidies.

India's manufacturing growth surges to 13-month high in August India's manufacturing growth surges to 13-month high in August

Recording "solid improvement", manufacturing sector growth touched a 13-month high in August bolstered by expansion in new works as well as acceleration in buying and production levels, says a survey.

 

 India growth threatened by business `roadblocks`: John Kerry India growth threatened by business `roadblocks`: John Kerry

India`s economy will only be able to maintain its impressive growth if its bureaucracy ceases to be "an expert in setting up roadblocks", US Secretary of State John Kerry said Wednesday.

India's Q1 GDP growth slows to 6-quarter low of 7.1%; July infra dips to 3.2% India's Q1 GDP growth slows to 6-quarter low of 7.1%; July infra dips to 3.2%

GDP growth slowed mainly due to subdued performance of mining, construction and farm sectors. The economy had expanded at 7.5 percent in the April-June quarter of last financial year, 2015-16.

Petrol, diesel get costlier: Know the new price list in major Indian cities Petrol, diesel get costlier: Know the new price list in major Indian cities

Know the new prices of petrol and diesel in major Indian cities applicable from midnight of August 31, 2016 and September 01, 2016.

Petrol price hiked by Rs 3.38 per litre, diesel by Rs 2.67/litre Petrol price hiked by Rs 3.38 per litre, diesel by Rs 2.67/litre

Petrol will now cost Rs 63.47 a litre in Delhi from Thursday as compared to Rs 60.09 a litre currently, said Indian Oil Corp (IOC). The price of diesel will cost Rs 52.94 per litre as against Rs 50.27.

GDP slowdown in Q1 due to higher subsidy outgo: Das GDP slowdown in Q1 due to higher subsidy outgo: Das

Attributing the slowdown in first quarter GDP to higher subsidy outgo, Finance Ministry on Wednesday expressed confidence that good monsoon and impact of pay commission award will push the economic growth close to 8 percent in the current fiscal.

Sept 2 nationwide strike to be bigger than last year's: Unions Sept 2 nationwide strike to be bigger than last year's: Unions

As many as 10 central trade unions will go ahead with the general strike on Friday saying the government gave no heed to their 12-point charter of demands and is continuing with unilateral labour reforms.

July core sector growth at 3.2% vs 5.2% in June July core sector growth at 3.2% vs 5.2% in June

Infrastructure sector grew at 3.2 percent in July mainly because of improvement in performance of energy sector, especially refinery output.

India's April-July fiscal deficit at Rs 3.93 lakh crore India's April-July fiscal deficit at Rs 3.93 lakh crore

Fiscal deficit in the first four months of the current financial year stood at Rs 3.93 lakh crore, or 73.3 percent of the Budget estimates for 2016-17.

India's Q1 GDP growth slows to 7.1%, lowest in 6 quarters India's Q1 GDP growth slows to 7.1%, lowest in 6 quarters

Indian economy grew at the slowest pace in last six quarters at 7.1 percent in the April-June period of current fiscal mainly on subdued performance of mining, construction and farm sectors.