-News18.com The Indian Rupee has lost more than 11 percent to the dollar this year. The rupee fell past 72 per dollar to a record low on Thursday. New delhi: With the Indian rupee sinking to record levels against the dollar, the Centre has yet another mega expenditure to cater to – foreign debt. At the current rate, India will have to shell out an additional Rs 68,500 crore, according to...
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SC orders Rajasthan to file report on Alwar lynching -Krishnadas Rajagopal
-The Hindu Court shocked by rule allowing civil society groups to stop vehicles, seize animals New delhi: The Supreme Court on Friday asked the Rajasthan government to come clean about its investigation into the July 20 Alwar lynching case in which the victim, Rakbar Khan, died of injuries while police officers allegedly took time off to herd his cows to a gaushala before taking him to hospital. The incident took place just days...
More »India needs 30 lakh buses for transport, has only 3 lakh -Dipak K Dash
-The Times of India NEW delhi: The total number of buses available for transporting general passengers is less than one-tenth of the requirement, posing an enormous logistical challenge. According to government data, there are about 19 lakh buses in the country and only 2.8 lakh of them are run either by state transport undertakings or under stage carriage permits. "We need about 30 lakh buses to meet the requirement of general passengers....
More »Does India's New Series GDP Data Overestimate Manufacturing Output?
-TheWire.in The new series GDP data has been mostly replaced with corporate financial data for estimating manufacturing value-added, resulting in manufacturing assuming a higher share in India’s GDP and growing at a faster rate compared to the older series. New delhi: Does the new method by which India calculates GDP (gross domestic product) data overestimate manufacturing output? This apprehension has been flagged by a key member of the Reserve Bank of India’s...
More »Indian wage disparities worry UN body
-The Telegraph New delhi: India's state governments often set their minimum wages lower than the recommended national minimum wage, decided by the Union labour ministry, a report by the International Labour Organisation has said. It has added that the minimum wages often show large inter-state variations, unrelated to the cost of living, for the same kind of job. This is because the Minimum Wages Act of 1948 does not say on what...
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