As the government tackles the delay in the LCA Mark 1A fighter jet project, the price of the deal for the LCA Mark-2 engine is likely to go up, increasing the overall cost of the project, defence ministry sources said on Monday. The deal is being negotiated by Hindustan Aeronautics Limited (HAL) and the American … Read more
A YSRCP delegation, led by district president Bhumana Karunakar Reddy, returning after submitting a representation to APSPDCL in Tirupati on Friday. | Photo Credit: K.V. POORNACHANDRA KUMAR Leaders of the YSR Congress Party (YSRCP) took out demonstrations across Tirupati district on Friday (December 27) against the hike in power tariff. Led by party Tirupati district … Read more
While the Karnataka Milk Federation has been under pressure from farmers to seek price rise for sometime now, discussion to increase the price by ₹5 per litre is under way. | Photo Credit: File photo Speculation is rife over a possible rise in the price of Nandini milk marketed by Karnataka Milk Federation (KMF). While the … Read more
BBC Dr Andrew Purbrick, who represents thousands of GPs in the south of England, says surgeries are facing a “funding crisis” GP practices could be pushed “over the edge” by a planned rise in the National Insurance (NI) rate for employers, a doctor has said. The government has said the NHS and the rest of … Read more
New loan rates: Private lender HDFC Bank has implemented revisions to its Marginal Cost of Funds-Based Lending Rates (MCLR) for select short-term tenures effective from November 3, 2024. The revision includes an increase of up to 5 basis points (bps) and applies specifically to the overnight, one-month, and three-year tenures. Post-revision, the overnight MCLR has … Read more
GPs are calling on the government to exempt them from tax rises for employers announced at the Budget, warning it could hit services for patients. The NHS and rest of the public sector are due to be shielded from a hike in National Insurance (NI) contributions from April next year. But GP practices, which deliver … Read more
Stakeholders in the tourism sector want a rollback in the steep hike in entry fee for foreign tourists visiting Mysuru palace. | Photo Credit: M.A. Sriram The Mysuru Palace Board’s decision to increase the entry fee for foreigners from ₹100 to ₹1,000 has stirred a hornet’s nest with experts cautioning that the move will backfire … Read more
A public hearing held here on Wednesday on the proposals to revise electricity tariffs intermittently relapsed into shouting matches between sections of the participants, even as a general demand arose that the Kerala State Electricity Regulatory Commission (KSERC) reject the proposals which include a first-of-its-kind ‘summer tariff.’ The hearing was the fourth and final one … Read more
Union Heavy Industries and Steel Minister HD Kumaraswamy on Monday lashed out at the Congress-led Karnataka government for the recent hike in sales tax on fuel, which has made petrol and diesel costlier in the state. The Janata Dal (Secular) leader said the fuel prices were hiked by Chief Minister Siddaramaiah-led government to fund Congress’s … Read more
The story so far: As farmers protest on Delhi borders, the Cabinet Committee on Economic Affairs on Wednesday approved ₹340/quintal as the Fair and Remunerative Price (FRP) of sugarcane for sugar season 2024-25 at 10.25% sugar recovery rate. Affirming its ‘guarantee’ to double farmers’ income, the Centre pointed out that the new FRP was 8% … Read more