Try GOLD - Free
CII seeks excise duty cut in fuel, hike in minimum wages
Mint Bangalore
|December 30, 2024
Selling price of petrol and diesel was last revised in March by govt-owned oil marketing cos
The Confederation of Indian Industry (CII) has suggested excise duty cuts in petrol and diesel and a hike in key minimum wages in the upcoming Union budget to boost consumption amid high inflation.
In a statement on Sunday, the industry body said it wants to see targeted interventions to boost consumption, especially at the lower income level, including an increase in the daily minimum wage under the Mahatma Gandhi National Rural Employment Guarantee Scheme and raise in the annual payout under the PM-KISAN scheme.
This story is from the December 30, 2024 edition of Mint Bangalore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Bangalore
Mint Bangalore
NCLT permits rejig at Flipkart
NCLT has approved merger of eight Flipkart entities, taking it closer to an IPO.
1 min
December 18, 2025
Mint Bangalore
IBM India, WM Global expand office footprint in Bengaluru
IBM India Pvt. Ltd and WM Global Technology Services India Pvt. Ltd have signed large office lease deeds in Bengaluru, in two separate transactions, as global technology majors continue to expand their real estate office footprint in the country.
1 mins
December 18, 2025
Mint Bangalore
I Squared-backed Polaris eyes IPO, plans global expansion
Amid the rapid rollout of smart meters and reforms in the power distribution sector, Polaris Smart Metering is looking to expand its business by offering technology solutions to other smart metering companies, scale up its international presence, and explore a public listing of its shares in India.
2 mins
December 18, 2025
Mint Bangalore
Punjab plans EV sops in new industrial policy as states compete for capital
The electric vehicles (EV) sector is expected to take centre stage in Punjab, as the state lines up an expanded package of incentives to attract fresh investments under the new industrial policy that is likely to be launched in January.
2 mins
December 18, 2025
Mint Bangalore
Should you invest yourself or let professionals do the job for you?
Ask whether your performance as a fund manager is superior on the basis of an objective assessment
4 mins
December 18, 2025
Mint Bangalore
India summons B'desh envoy over security concerns in Dhaka
India on Wednesday summoned Bangladesh envoy Riaz Hamidullah and lodged its protest over plans by certain extremist elements to create a security situation around the Indian mission in Dhaka.
1 min
December 18, 2025
Mint Bangalore
MoEngage's Series F swells to $280 mn
Customer engagement platform MoEngage has raised an additional $180 million as part of its Series F funding round led by ChrysCapital and Dragon Funds, with participation from Schroders Capital, it said in a statement on Wednesday.
1 min
December 18, 2025
Mint Bangalore
THE BUSIEST YEAR ENDS WITH 344 IPOS, BUT HALF THE LISTINGS ARE UNDERWATER
The Indian primary market has been unusually active.
3 mins
December 18, 2025
Mint Bangalore
Suzlon and India's new wind energy order
died in 2022), but his influence remains embedded in the company's culture.
2 mins
December 18, 2025
Mint Bangalore
MUFG eyes 20% in Shriram Fin for $5 bn
Shriram Finance's board will also mull fundraising routes such as a rights issue, preferential allotment or QIP
2 mins
December 18, 2025
Listen
Translate
Change font size