Finance Minister Arun Jaitley, in his budget speech, announced an increased Excise duty on tobacco, cola and even sugar. This means an increase in the prices of cigarettes, bidis, pan masalas, aerated drinks and colas.
Speed Vs ProblemsRailway Minister D.V. Sadananda Gowda Tuesday said that the first dedicated bullet train project will be launched on the Mumbai-Ahmedabad route for which many feasibility studies have been conducted.
The Budget Kick!Finance Minister Arun Jaitley`s maiden Budget on Thursday is expected to be a tightrope walk of trying to meet demands for tax sops especially from the middle class and pursuing fiscal prudence to spur investment and growth.
Skip This RoadBlaming hoarders for the rise in food inflation, finance minister Arun Jaitley on Friday said there is `no panic situation` and asked the states to take measures to crackdown on hoarding and black marketing to rein in prices.
Catching Time!Skyrocketing prices of vegetables in the city are once again spoiling the budgets of the common people. The prices that had already climbed up by 25-50% about 20 days ago, have posted similar hike on Tuesday.
The Price Hike!The Narendra Modi Government has inherited high inflationary pressure from the previous Government and it may take if not few months than a year to curb price rise. High inflation and hoarding was one of the key factor behind last UPA Government`s downfall, hence, expectations are at peak from the Narendra Modi Government with inflation rate hovering over 8 per cent in May.