The recommendations of the GoM on GST rates have been accepted by the GST Council. Many of the COVID-19 treatment items now become affordable. However if only the decision had been taken a bit earlier, the cost of COVID-19 treatment could have been substantially lower for many people who suffered financially
Indian kirana traders are raring for a fight with the e-commerce giants. The decision of the Karnataka High Court has given them literally a spring in their heels. They are hoping that the CCI upholds their contention and puts a stop to the negative tactics of these giants.
The sudden rollout of the law has deeply concerned foreign businesses operating in China that fear getting caught up in growing political crossfire
Demand for flats and homes came down during April and May 2021 when the deadly second wave was ruling high. Developers are hoping that the buyers will come back in droves to buy their dream home. The developers are also offering facilities like full refund of initial deposit if the sale doesn’t happen.
The announcement of MSP for kharif 2021 has got many demanding for a much higher price being fixed. With wheat and paddy growers being the major beneficiaries, there is a feeling of too little being done for non-paddy and wheat growers. Unfortunately these growers haven’t been cared for well enough.
The RBI has issued new guidelines hiking the charges for ATM usage. The new charges will come into force from January 2022. The RBI’s rationale behind the hike in these fees is that they haven’t been revised since August 2014, when they were last proposed. Will customers agree?
The much acclaimed homebred payment solutions haven’t had it easy. Despite digital payments booming in CY2020, the share of these homebred products actually declined thanks to aggressiveness on the other part of the other players which are backed by foreign owners.
The MSP announcement hasn’t gone down too well with many farmers. They want higher MSP or minimum support price. However faced with budgetary constraints this is perhaps the best the government could come up with to boost cultivation of oilseeds and pulses. Will it really encourage farmers?
Even as India gets ready for unlock post the second wave, global crude price is turning a rogue and readying to play party pooper. With a daily increase in fuel prices and rising global prices, it is the hapless Indian consumer who is being forced to bear the burden. It is a crude joke.
Electricity consumption hasn’t picked pace even during the summer months. A benign summer, it appears lessened the demand for electricity even as the country was passing through a torrid time on the back of the second wave. The unlock should revive electricity demand across the nation.