By Venkatachari Jagannathan Chennai, June 2 : The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may not change the interest rates and would continue with the 'pause' mode at their upcoming meeting, said experts. The MPC met on April 3, 5 and 6 this year and decided to pause o […]
Category: Economy
Wheat, rice procurement enough to 'comfortably meet food grains requirements'
New Delhi, June 1 : Wheat procurement during the ongoing Rabi season touched 262 lakh metric tonnes (LMT) till May 30, surpassing last year's total procurement of 188 LMT by 74 LMT, according to official data. About 21.27 lakh farmers have already benefitted from the ongoing wheat procurement […]
Electric two-wheeler prices shocks prospective owners
By Venkatachari Jagannathan Chennai, June 1 : While they are powered by electricity, their new prices are giving shocks to the prospective buyers. The Central government has revised, from June 1, the FAME II subsidy scheme for two-wheelers with the subsidy element which was as high as 40 per […]
GST collections for May fell 19% to Rs 1,57,090 crore
New Delhi, June 1 : The gross Goods and Services Tax (GST) revenue collections for May fell by 19 per cent to Rs 1,57,090 crore. The figures had touched their highest-ever level of Rs 1,87,035 crore in April. Out of the total GST collections of Rs 1,57,090 crore for May, CGST was Rs 28,411 cro […]
SJVN signs development pact for 669 MW hydro project in Nepal
New Delhi, June 1 : State-owned SJVN on Thursday signed an agreement for 669 MW Lower Arun Hydro Electric Project in Nepal, the company said, adding that it would be constructed in five years with an outlay of Rs 5,792 crore. The pact was signed in the presence of Prime Minister Narendra Modi […]
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