Indian Economy

Palike's biggest budget ever for city

Untouched by the recession and buoyed by Chief Minister BS Yeddyurappa's Rs8,200 crore allocation for Bangalore in the interim state budget, the Bruhat Bangalore Mahanagara Palike (BBMP) is all set

Used/exchanged cars business goes off track

Fiscal consolidation pushed back

More sops likely this week before poll code kicks in

Barely a week after the vote-on-account, the government has announced measures that are being broadly referred to as the third stimulus package.

Naphtha duty exemption extended

In a bid to maintain retail electricity prices ahead of the general elections, due in April-May this year, the government has decided to keep naphtha imports free of customs duty beyond March 31.

Inflation slips to 3.92 per cent

Inflation slips to 3.92 per centNew Delhi, Feb 19 : Inflation figures based on the official Wholesale Price Index (WPI) showed a fall to 3.92 per cent for the week ended February 7 from 4.92 percent a week before.

Inflation rates declined primarily due to falling prices of manufactured items.

The WPI for all commodities declined 0.2 percent to 228 (provisional) from 228.4 (provisional) the week before.

During the week, prices of manufactured items such as sugar, imported edible oil and textile items such as cotton yarn got cheaper.

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