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Congress Slams Govt Claim on India Being Among 'Most Equal' Countries

July 08, 2025

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The Business Guardian

Congress claims the Centre misled by comparing India's consumption inequality to other countries' income inequality.

- ANAND SINGH

Congress Slams Govt Claim on India Being Among 'Most Equal' Countries

Congress on Monday slammed the Centre for allegedly misrepresenting a World Bank report and claiming that India is among the world's most equal countries and demanded a clarification.

The Congress's response came after a Press Information Bureau (PIB) release on Saturday allegedly misread a World Bank report to claim that inequality in India has come down significantly between 2011-12 and 2022-23, making it the fourth-most equal country globally.

المزيد من القصص من The Business Guardian

The Business Guardian

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GST collections up 9.1% to Rs 1.89 Lakh Cr in September

India’s Goods and Services Tax (GST) collections continued their upward trajectory in September 2025, rising by 9.1 per cent to Rs 1,89,017 crore compared to Rs 1,73,240 crore in the same month last year.According to the data released on Wednesday, the figures mark the second consecutive month of robust growth in GST revenues, reflecting sustained economic activity and improved compliance.

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ADB clears $299M for Delhi-Meerut rapid transit

The Asian Development Bank (ADB) has approved a USD 299 million loan as the final tranche of the Delhi-Meerut Regional Rapid Transit System (RRTS) Investment Project which is India’s flagship initiative in the National Capital Region (NCR) designed to advance sustainable urban transportation, as per a company press release.”

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2 mins

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"No reason to doubt": Bombay HC allows Rhea Chakraborty to retain passport

The Bombay High Court has ordered the Narcotics Control Bureau to permanently return actor Rhea Chakraborty's passport, relaxing a bail condition imposed in the 2020 drugs case connected to actor Sushant Singh Rajput's death.

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Diesel crack surge, INR depreciation and retail tailwinds support Reliance outlook: JP Morgan

Reliance Industries Limited (RIL) is expected to benefit from the recent surge in diesel cracks, seasonal demand, and depreciation of INR, according to a report by JP Morgan, which has maintained an Overweight (OW) rating on the stock with a September 2026 price target of Rs 1,695.

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1 mins

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EVICTION DRIVES PART OF LARGER PUSH TO COUNTER DEMOGRAPHIC SHIFTS

Assam grabbed national headlines in the wake of eviction drives in forest land, khas or government land and in wetlands.

time to read

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Cabinet approves 3% hike in DA for central government employees

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved a 3 per cent increase in Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for pensioners, effective from July 1, 2025.

time to read

1 min

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KIA ROLLS OUT PV5 PILOT PROJECT WITH SAUDI ARABIA'S RSG

Kia launches a pilot project in Saudi Arabia with Red Sea Global to test its PV5 vehicle for eco-friendly tourism mobility.

time to read

1 mins

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ADB approves $190 million loan for Indore Metro rail project

The Asian Development Bank (ADB) has approved a USD 190 million loan to support the development of the Indore Metro Rail Project, a transformative initiative aimed at enhancing urban mobility, reducing pollution, and promoting inclusive growth in Madhya Pradesh, as per a company press release.

time to read

1 min

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GST collections rise 9.1% to Rs 1.89 lakh crore in September

India’s Goods and Services Tax (GST) collections continued their upward trajectory in September 2025, rising by 9.1 per cent to Rs 1,89,017 crore compared to Rs 1,73,240 crore in the same month last year.

time to read

1 mins

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Delhi to expand underground power cable project to markets

The Delhi government is preparing to extend its project of shifting overhead power cables underground to major marketplaces in the city, aiming both to improve aesthetics and reduce hazards, officials said on Wednesday.

time to read

1 min

October 02, 2025

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