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More firms battling squeeze in profit margins, finds IIM-A survey

-The Hindu Business Line BIES for Sept 2018 points at more proportion of companies facing ‘much less than normal profits’ Ahmedabad: The manufacturing sector seems to be going through a troubled time as more companies have indicated a ‘much less than normal’ profit margin, according to a survey by the Indian Institute of Management, Ahmedabad (IIM-A). The latest Business Inflation Expectations Survey (BIES) for the month of September 2018, revealed that 45 per...

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Groundwater depletion alarming in northwest, central India -R Prasad

-The Hindu Natural recharge during monsoon may not help much if groundwater depletion becomes acute, as rainfall of past years controls current storage With 230 billion metre cube of groundwater drawn out each year for irrigating agriculture lands in India, many parts of the country are experiencing rapid depletion of groundwater. The total estimated groundwater depletion in India is in the range of 122–199 billion metre cube. The Indo-Gangetic Plain, northwestern, central and...

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How GST and demonetisation impacted govt finances -Tadit Kundu

-Livemint.com Tax collections from goods and services tax (GST) have been underwhelming, and the government is set to miss this year’s fiscal deficit target Mumbai: Widening the tax base and collecting more taxes has been a priority for the current government at the centre. This government’s two major economic disruptions—the introduction of goods and services tax (GST) and demonetisation—were justified in the name of raising tax compliance among other things. However, these...

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Sikkim best prepared to tackle drought, Rajasthan and Chhattisgarh the least -Akshit Sangomla

-Down to EarthAll four districts of the northeastern state are resilient to drought, but that?s not the case with any of the districts in Rajasthan and Chhattisgarh, says a studyIf a drought strikes Rajasthan or Chhattisgarh, the states would Witness large-scale devastation as their water and ecological systems are ill-prepared to deal with such conditions. On the other hand, Sikkim is very well-prepared to deal with drought conditions. A recent...

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India tops in under-5 deaths due to toxic air, 60,000 killed in 2016: WHO -Sushmi Dey

-The Times of India NEW DELHI: India's toxic air has been linked to the premature deaths of close to 1,10,000 children in 2016, with the country Witnessing highest number of deaths of children under five years of age attributed to their exposure to ambient air pollution of particulate matter (PM) 2.5, said a World Health Organisation (WHO) report released on the eve of the first-ever conference on air pollution and health. As...

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