Economic News
Centre’s tax moves help ease prices of steel, edible oil
Steel prices dropped as the government cools prices of vital products and some industrial commodities. The measures have also resulted in a slight decrease in the wholesale price of edible oils such as soya oil, sunflower oil, and palm oil, which had risen due to...
China should lift trade sanctions; welcomes talks: Australia PM Anthony Albanese
In imposing its sanctions, China listed 14 grievances with Australia ranging from its call for an international inquiry into the origins of the coronavirus, a ban on China's telecommunications giant Huawei building a 5G network, and screening foreign investment for...
Extend GST compensation to states for next 3-5 yrs: Amit Mitra urges Sitharaman
“We note with dismay and ominous signs that the Centre has decided to withdraw the goods and services tax (GST) compensation to the states from July 2022. Such a decision, if taken, is completely contrary to what was envisaged at the time of adoption of GST,” Mitra...
ED quizzes Rahul for second consecutive day in National Herald money-laundering case
The Congress MP from Wayanad spent over 10 hours at the federal agency's office on Monday, where he was questioned over multiple sessions and his statement recorded under the Prevention of Money Laundering Act (PMLA).The Congress MP from Wayanad spent over 10 hours...
India sees 6,594 new COVID-19 cases in 24 hours
The active cases comprise 0.12 per cent of the total infections, while the national COVID-19 recovery rate was recorded at 98.67 per cent, the data updated at 8 am stated. An increase of 2,553 cases has been recorded in the active COVID-19 caseload in a span of 24...