Delhi high court to hear central bank challenge to CIC order seeking information on defaults by top industrialists The Reserve Bank of India (RBI) has challenged an order by the Central Information Commission (CIC) asking the central bank to disclose names of the top 100 industrialists who have defaulted on loan repayments. In a writ petition to the Delhi high court, which is scheduled to be heard on 29 May, the central...
More »SEARCH RESULT
Total Matching Records found : 8801
Wheat glut: farms face falling prices, rising costs-Ruchira Singh
-Live Mint After a record harvest of 90.23 mt this year, the govt’s wheat stocks were at 38.2 mt as of 1 May Worry lines run deep on the faces of wheat farmers in Sehrala in Haryana as falling prices, higher input costs and poor infrastructure erode earnings and cast doubt over not just their next crop, but their future in agriculture as well. Agents in the grain market of Ballabgarh said spot...
More »Most states now tax petrol consumption more than Centre-Ajay Modi
Most states now levy greater tax on petrol than the central government, without having to share the subsidy burden. After last week’s increase in prices, state sales tax/VAT on petrol is more than central excise in most cases. The central government levies a fixed excise duty of Rs 14.78 on every litre of petrol. But, states levy an ad valorem tax which, in absolute terms, increases with every price increase of...
More »Are you paying to keep oil firms profitable?-Anupama Airy
Amid protests over India's steepest-ever petrol price hike last week, many are now beginning to ask the question: Is the government milking the common man to keep its oil companies profitable? Consider these: Each time, you fill your car with a litre of petrol in Delhi, the Centre gets richer by Rs. 14.78 and state government earns another Rs. 12.20. In 2010-11 ( the latest figures available), the Centre and state governments...
More »Centre committed to protecting welfare of children, says Kharge
-The Hindu “Elimination of child labour is an article of faith to us” The Centre is committed to protecting the welfare of children, Union Minister for Labour and Employment Mallikarjun Kharge said here on Sunday. “Elimination of child labour is an article of faith and commitment to us,” he asserted. He was happy to point out that there had been a sharp decline in the number of children in the age group of...
More »
