-The Hindu Business Line Trade deficit widens as imports rise; exporters worried about future New Delhi: A fall in exports of gems & jewellery, Petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6 per cent to $29.11 billion in March 2018. Exporters are worried as several of the sectors that have taken a hit are labour-intensive, which they say is due to liquidity problems. Exports, however,...
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Rising Petrol prices: What Narendra Modi said before 2014 and his govt did in 4 years -Prabhash K Dutta
-IndiaToday.in Rising prices including those of Petrol and diesel were among the reasons that brought down the UPA government of Manmohan Singh, whom the then Gujarat Chief Minister Narendra Modi had described as a "Sardar (chief), who is not asardar (effective)". In May 2012, the UPA government had approved the steepest ever hike in Petrol prices across the country. The Petrol prices suddenly went up by Rs 7.54 per litre. Petrol price...
More »Diesel price hits all-time high, Petrol prices highest in over 4 years -Sumant Banerji
-BusinessToday.in Prices of diesel hit an all-time high of Rs 64.40 per litre in Delhi, while Petrol prices were at Rs 73.55, highest in over four years. The last time Petrol prices were higher was in September 2013 when it was Rs 76.06 per litre in the city. In a bid to bring in transparency in pricing of fuels, the government had changed the fortnightly revision of prices to a daily routine...
More »GST one of the most complex, has second highest tax rate: World Bank report -Asit Ranjan Mishra
-Livemint.com GST is one of the most complex with the second highest tax rate in the world among a sample of 115 countries which have a similar indirect tax system, says the World Bank The goods and services tax (GST) implemented by the Narendra Modi government from 1 July last year is one of the most complex with the second highest tax rate in the world among a sample of 115 countries...
More »Health Budget Could Have Been About People, But Now It's About Markets -Ravi Duggal
-TheWire.in The Budget speech pitch of ‘Swastha Bharat’ as ‘Samridha Bharat’ is deception, because the allocation for realising that is missing. Each year when the Budget is tabled in parliament, there is excitement and expectations. Should we say this used to be? Things have changed dramatically over the years. In the good old days, during the Budget session, we would wait excitedly to know about the price hike in Petrol, diesel and kerosene....
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