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Festive breather as CPI falls, IIP jumps

DNMUM398591 | 10/13/2017 | Author : Praveena Sharma | WC :775

New Delhi: In a minor relief to the government after a string of disappointing macroeconomic numbers, retail inflation came 0.08 percentage points lower in September at 3.28% even as factory output rose 3.4 percentage points to 4.3% in August, according to official statistics released on Thursday.
The slight dip in the retail inflation last month from August’s 3.36%, notwithstanding, it continued to be under pressure from rising prices of fuel, housing, and with the base effect from last year wearing off, many economists expect it to inch up again.
They see the easing in the CPI inflation as a temporary phenomenon and expect it to “fall in line” with Reserve Bank of India’s (RBI) projection of 4.2%-4.6% in the second half of the curr
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Accountability must start from the top
DNMUM408317 | 2/22/2018 12:00:00 AM | Author : Arun Krishnan | WC :558

Punjab National Bank (PNB) has been in the news for all the wrong reasons. The scam involves the sanctioning of Letters of Understanding (LoUs) to Nirav Modi and his companies without accompanying credit limits or margin money being paid to the
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The myth of college dropouts
DNMUM408318 | 2/22/2018 12:00:00 AM | Author : Sanchit Khera | WC :726

With so many success stories about college dropouts in the US, Indian chief executive officers (CEOs) are making their own mark in the trend. They struggle early on, try to push through and eventually drop out of their universities.
However, the
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EPFO cut may hurt employee sentiments
DNMUM408319 | 2/22/2018 12:00:00 AM | Author : Edit | WC :230

The move by Employees Provident Fund Organisation (EPFO) to cut the interest rate on EPF to 8.55% is not entirely unexpected. But it will surely leave over six crore employees subscribed to EPFO dejected. Now the government has a task at hand o
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Quarterly GST returns filing may be extended to all cos
DNMUM408320 | 2/22/2018 12:00:00 AM | Author : Anjul Tomar | WC :347

New Delhi: The government may change the goods and services tax (GST) returns filing periodicity from monthly to quarterly to make it simpler for all businesses to file their taxes.
The requirement of filing three GST returns in a month is also l
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