-PTI NEW DELHI: Jet fuel or ATF price was on Sunday hiked by a steep 6 per cent on firming international rates, the third straight increase in rates since August. Aviation Turbine fuel (ATF) will now cost Rs 53,045 per kilolitre (kl) in Delhi, Rs 3,025 per kl more than Rs 50,020 previously, according to a price hike notification by Indian Oil Corp, the nation's biggest fuel retailer. This is the third consecutive...
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Farmers' protests shake Narendra Modi's 2019 bid as Indian economy slows -Archana Chaudhary
-Livemint.com For Narendra Modi, the protests involving hundreds of thousands of farmers highlight his struggle to deliver on the promises that swept him to power New Delhi: Anger over falling farm incomes has spilled onto streets across a swathe of India’s largest states as farmers struggle with food price deflation and a breakdown of the informal agriculTure economy. For Prime Minister Narendra Modi—already grappling with a sharp economic slowdown and looming job cuts...
More »Distress sale of pulses hits Maharashtra; state rushes off team to Centre for relief -Nanda Kasabe
-The Financial Express Pune: Even as the government of Maharashtra is sending its top officials to the national capital to follow up on its proposal to the Centre for the procurement of moong and urad under the government’s Minimum Support Price ( MSP) scheme, farmers have begun distress sales. Maharashtra cooperation minister Subhash Deshmukh said the Centre’s permission is expected over the next two to three days, failing which the state...
More »Small firms flounder post demonetisation, on GST: RBI study
-The Indian Express The RBI which studied the results of 2,726 non-government and non-financial companies said the overall EBIDTA of these corporate showed a 0.2 per cent increase. However, net profit declined by 6.9 per cent even as sales improved by 7.2 per cent. Mumbai: Small companies are finding the going tough with sales and profits taking a big beating in the wake of demonetisation and implementation of Goods and Services Tax (GST)....
More »Bullet Train: Do we need it? -TR Raghunandan
-Deccan Herald As a railway buff, I love the technology story of the bullet train. However, it is not appropriate for India, in the current configuration as negotiated by Prime Minister Narendra and his Japanese counterpart Shinzo Abe for the Mumbai-Ahmedabad high-speed rail line, for which they laid the foundation stone on September 14. The Shinkansen bullet trains were introduced in Japan in 1964 and traversed the 500-plus kilometre distance between Tokyo...
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