News Digest: Patel slams govt, Finance Bill passed in Lok Sabha, and more

The Lok Sabha on Wednesday passed the Finance Bill 2018, allowing the benefit of inflation adjustments to stocks that were unlisted till January 31 while levying long-term capital gains (LTCG) tax.

Scorching summer may hit water supply and fodder, spare rabi crop: Experts

Summers have set in and if weather predictions and current day temperatures are any indication, the country is in for an extended period of extremely dry and warm weather.While this could put a strain on drinking water supply and animal fodder in some parts, the sudden rise in temperatures might not take a toll on the standing crop of wheat, mustard and gram. The bulk of the last two has been harvested. But it might slow vegetable supplies and push up prices. Read more…