-The Hindu First imposition of limits after amendment to Essential Commodities Act. With onion prices crossing ₹100 per kg in several cities, the Centre imposed stock limits on wholesalers and Retailers until the end of the year to prevent hoarding. This is the first time stock limits have been imposed on any commodity after the Essential Commodities Act was amended last month to reduce such interventions. Under the curbs, wholesale traders will not...

-Newsclick.in Devastated by the pandemic and lockdown, people are now facing a back-breaking inflation, especially in everyday food items like vegetables. In just the past month, inflation (annual price rise) has zoomed up, delivering a body blow to family budgets. Recently released government data shows that Retail inflation rate hit an eight-month high of 7.34%, up from 6.69% in August. This is general inflation, including all items of consumption. For food items, the...

-The Hindu Business Line The expanded ambit now allows a larger pool of enterprises to get the benefits of the MSME Act and pandemic-induced reforms Micro, small and medium enterprises (MSMEs) are amongst the strongest drivers of the economy with a vast network of about six crore enterprises, contributing about 45 per cent to manufacturing output, 50 per cent to exports, around 30 per cent to GDP, and creating employment for about...

-The Hindu Total vehicle Retail sales continue to be on the decline. Total vehicle Retail sales in the country continued to decline year-on-year in September 2020, even as passenger vehicle registrations turned positive for the first time since March growing at 9.81% during the month, as per data from the Federation of Automobile Dealers Associations. Total vehicle registrations fell to 13.44 lakh units in September 2020, down 10.24% from about 14.98 lakh units...

-Vikalp.ind.in The sharp contraction of India’s GDP in 20-21 Q1 (April-June) of 23.9 per cent according to the quarterly estimates released by the National Statistical Organisation is a summary measure that need to be deconstructed to capture the ailing state of the Indian economy. The three sectors that suffered bigger contraction are respectively construction (-50.3%), trade hotels and restaurants (-47%) and manufacturing (-39.3%). Notably these are also the sectors that provided...