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Thanks to good rains, cotton output seen rising 4% to 34.5 m bales

-The Hindu Business Line Mumbai: Cotton output is expected to increase 4 per cent to 34.5 million bales (of 170 kg each) in the cotton year ending September on the back of sharp rise in yield. However, the acreage under cotton has dropped 11 per cent to 10.84 million hectares (12.29 million hectares). The yield per hectare is expected to increase to 541 kg from 459 kg, according to the second advanced...

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88 more die in floods in Bihar, UP and Assam

-PTI Situation improves in West Bengal with absence of major rainfall. Patna/ Guwahati/ Kolkata/ Lucknow: Floods continued to wreak havoc in Bihar, Uttar Pradesh and Assam which reported 88 more deluge-related deaths on Sunday, while West Bengal heaved a sigh of relief in the absence of major rainfall. The death toll in Bihar floods rose from 202 to 253. About 1.26 crore people are grappling with the flooding in 18 districts of the...

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Safeguarding the interests of farmers -Nirmala Sitharaman

-The Hindu Providing food to the poor or targeted groups at subsidised prices is fully WTO-compatible Transformational changes are taking place in India currently, improving the way we live. These changes are impacting all our lives in small or significant ways. It is gratifying to know that the citizens at large are happy withthese changes. However, forsome who have fed themselves on the fodder that such changes are not for the near...

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Many charity hospitals misuse tax breaks: CAG -Rema Nagarajan

-The Times of India NEW DELHI: Income tax exemptions worth hundreds of crores have been given to hospitals claiming to be charitable institutes, but they may be doing little or no charity, according to a recent report of the Comptroller and Auditor General. CAG has asked for measurable parameters to assess the extent of charitable activities by hospital trusts availing tax exemptions as the public exchequer could be losing crores without...

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OBC reservation: 'Creamy layer' bar may be raised to Rs 8 lakh/ annum -Subodh Ghildiyal

-The Times of India NEW DELHI: A ministerial panel is learnt to be taking a final look at a proposal which seeks to raise the income bar defining "creamy layer" for OBC reservation to Rs 8 lakh per annum. The Cabinet note sent by the social justice ministry has been lying with the government for nearly one year and is in the final stages of approval. According to those in the know,...

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