-The Telegraph Corporate tax contributes 8 percentage points less to the gross tax revenue now than it did in 2014 when the Modi government took over, says P Chidambaram New Delhi: The Opposition on Monday sought answers to fundamental questions on the economy that finance minister Nirmala Sitharaman has strenuously asserted is the fastest growing in the world. Corporate tax, paid by business houses, contributes 8 percentage points less to the gross tax...

-Reuters/ Livemint.com Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output India is set to offer 2 to 3 million tonnes of wheat to bulk consumers such as flour millers and biscuit makers as part of efforts to cool record high prices, two government sources said, even as state reserves have dropped to the lowest in six years. Wheat prices have surged in...

-NDTV.com Ashok Gehlot said, "Prime Minister Narendra Modi provided the poor with LPG connections... But the cylinder remains empty, because the (cylinder) rates are now between ₹ 400 and ₹ 1,040" Jaipur: The Rajasthan government will provide cooking gas cylinders at ₹ 500 for people under the poverty line and enrolled in the Ujjwala scheme, Chief Minister Ashok Gehlot said today in a big ticket announcement ahead of next year's assembly elections....

-The Telegraph Scholarship pool for OBCs, minorities reduced New Delhi: The pool of poor schoolchildren from the Other Backward Classes  and religious minorities who are eligible for two government scholarships has been drastically cut short from this year. The Centre has revised two schemes — the Pre-Matric Scholarship for OBCs and the Pre-Matric Scholarship for minorities — by limiting eligibility to students of Classes IX and X, and only those enrolled in...

-The Hindu Business Line World over rice production is likely to fall due to a combination of drought and floods Three developments over the past couple of months have put the global rice market in focus. First, the India curbed rice exports by banning shipments of fully broken rice and imposing a 20 per cent duty on white rice exports. Second, Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar told the...