Search Results for: GST rates

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Prithviraj Chavan to help ease onion prices in Delhi

Mumbai, Oct 24 (ANI): Maharashtra Chief Minister Prithviraj Chavan on Thursday promised to supply onions to Delhi in the wake of the soaring prices of onions in the city. According to media reports, the bulb was selling at Rs 90 to Rs 100 per Kg on Wednesday. Chavan said that supply of the vegetable would be sent from Nashik. Chavan added that this year, a drought followed by heavy rain affected the supplies, however the onions would be sold to Delhi at much lower rates. Oct 24, 2013
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IMF cuts India's growth forecast to 3.8%, BJP hits government

New Delhi, Oct 10 (ANI): As India suffered the steepest cut in the International Monetary Fund's (IMF) revised growth forecasts for the year, BJP leader Yashwant Sinha on Thursday stated that the issue is very serious. He also called Finance Minister P Chidambaram an expert in bringing down growth rates. IMF, in its flagship World Economic Outlook report said that India will grow only 3.8% in the 2013-14 financial year against 5.6% projected in its July forecast, a cut of 1.8 percentage points. Oct 10, 2013
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Consumers hail petrol price cut

Consumers on Tuesday welcomed the cut announced in petrol prices by the Indian Oil Corporation Limited (IOC), the first reduction in rates in over five months but anticipate further hike in fuel prices in the coming days. IOC, the country's biggest refiner, said on Monday (September 30) it would cut petrol prices by 4.8 percent following an appreciation of the rupee and softening global in gasoline prices during the second half of September. IOC however raised diesel prices by 1.1 percent to reduce its revenue losses as Indian refiners sell the fuel at state-set low prices. The consumers lauded the reduction in the petrol price but expressed their fear of a hike in future, while accusing the government of whimsical fuel pricing. Oct 1, 2013
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Congress welcomes petrol price slash, links diesel hike to international market

New Delhi, Oct 01 (ANI): Congress leader Rashid Alvi welcomed the petrol price slash, and linked the diesel hike to trends in the international market. Petrol prices were cut by Rs 3.05 per litre, and diesel prices were raised by 50 paise per litre. This is the first reduction in petrol rates in over five months, and comes as the most significant depreciation in over five years. Oct 1, 2013
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No plans for selective stimulus package: Finance ministry

New Delhi, Sept 24 (ANI): Senior finance ministry official, Arvind Mayaram said on Monday that India has no plan to offer a special window to lend funds at lower interest rates to companies in some sectors.The finance ministry and the central bank were considering a selective stimulus plan that involved a debt-buying programme for eligible companies. Mayaram said that the banks in India have not yet developed the capability of appraising projects for a long duration. Mayaram also said that the government or the Reserve Bank of India (RBI) does not target any rate. Sep 23, 2013
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BJP lashed out at Chidambaram's attack on Modi over growth rates

New Delhi, Sep 23 (ANI): BJP leader Ravi Shankar Prasad lashed out at Finance Minister P Chidambaram's attack on Narendra Modi wherein Chidambaram charged Modi with staging a "fake encounter with facts" regarding his claims of economic growth during BJP-led NDA being 8.4 per cent. Prasad mocked Chidambaram saying that he is being "economical with truth" and that his statement is a "copy-book case of fake encounter with facts". He also charged the UPA government for deteriorating economic condition in the nation. Sep 23, 2013
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Delhi Elections 2013: Development, Corruption Tops BJP Agenda

Delhi Bharatiya Janata Party (BJP) is set to formally launch a massive campaign against Chief Minister Sheila Dikshit for the upcoming Assembly polls. Party president Rajnath Singh and Delhi election in-charge Nitin Gadkari will initiate the rally and outline BJP's agenda for the state elections. Sep 17, 2013
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