Page 29 - Indivjal Dhasmana

Karnataka High Court backs simultaneous levy of excise duty, GST on tobacco

A two-judge bench, comprising justice Alok Aradhe and justice S Vishwajith Shetty, basically upheld the earlier order by a single bench of the court in this regard

Fuel tussle: Petrol dearer 5% since November in states with no VAT cut

The Trinamool Congress (TMC) tweeted that the Centre owes West Bengal a whopping Rs 97,807.91 crore

In a first, RBI may have to explain to govt why it couldn't curb inflation

Retail inflation has overshot the 6% upper tolerance limit for three years on the trot; experts say protracted Ukraine war and other factors may keep prices up

Minimum guaranteed-return pension products may have varied capital needs

Those having higher assets under management (AUM) may have greater requirements of minimum paid-up capital: Sources

Will Rajiv Kumar's exit change the rules of the game in NITI Aayog

Aayog will have third vice-chairperson from the next month, while erstwhile Planning Commission that NITI replaced, Montek Singh Ahluwalia had an unhindered stint of almost 10 years as deputy chairman

As NITI vice-chairperson, Suman Bery will now be expected to guide policy

Bery will replace incumbent Rajiv Kumar as Niti Aayog vice-chairperson from the next month

Rajiv Kumar steps down as Niti Aayog Vice Chairman; Suman Bery replaces him

Suman Bery is non-resident fellow at Bruegel, a European think tank specializing in economics.

Should purchasing power parity of $3.2 be made India's formal poverty line?

Experts have some reservations about the methodology used to arrive at the number, and that the poverty figures under the existing PPP of $1.9 per person per day have been understated

West Bengal, Uttar Pradesh and Assam saw over 8% March retail inflation

CPI inflation was more pronounced in rural areas from January in FY22

Extreme poverty in India fell sharply in 2011-19: World Bank paper

Rural decline steeper than in urban centres

Resolve issues on liquor, or trade deals will be lopsided: CIABC's Giri

CIABC director-general Vinod Giri tells Indivjal Dhasmana on India-Australia agreement on wine, interim trade deal and issues on spirits

Not all states are so financially weak that they can't announce freebies

However some such as Punjab and West Bengal are not on sound financial ground

Fuel price rise could not have stoked March inflation, say experts

Price rise in fuels will only reflect in April numbers

Rising veggie prices hit the common man hard, says survey

The survey, conducted by Local Circles, got 11,800 responses from citizens across 311 districts of the country

Gender equality: Rank declines a notch in 2022 against last year

India's position went down despite its score remaining 74.4 out of 100 in all the three years

RBI monetary policy review: FY23 inflation projections raised to 5.7%

The projection on inflation is based on the assumption of international crude oil prices of the Indian basket remaining at $100 billion a barrel

How has India's consumption inequality come down to a four-decade low?

A recent IMF working paper said that India's consumption inequality during the Covid-affected 2020-21 fell to near the lowest level in the last 40 years. It was due to the govt's free ration scheme

Consumption inequality fell to a near-four-decade low in FY21, shows data

IMF study attributes it to free foodgrain supply to 800 million beneficiaries

Fruit-based fizzy drinks to draw 40% rate under GST after Gujarat ruling

The authority did not agree with a petitioner's that fruit-based drinks should attract 12 per cent GST.

During Covid, free food helped rein in poverty in India: IMF paper

India has "eliminated low-income poverty (which is based the purchasing power parity or PPP of $1.9 per person a day)", the lead author of the paper said