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GOVERNMENT

STATES: Centre not to reduce CST ceiling this fiscal
States express concern over revenue loss. New Delhi, July 10 The Centre has no plans to bring down the ceiling rate on the Central Sales Tax (CST) from the existing two per cent to one per cent during the current ...

POLICY: TN to allow cost escalation in contracts
GO aims to avoid delay in project completion. Chennai, July 10 The Tamil Nadu Government has passed an order to provide for cost escalation in contracts to avoid delays in project ...

STATES: Sharp rise in direct transfer of Central funds to districts
Bangalore, July 10 Over the years, direct transfers from the Centre to district level bodies have risen sharply as a percentage of other transfers to the States through taxes, grants and the National Small Savings Fund ...

E-GOVERNANCE: Life insurers to make e-payments
...





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Markets (July 10)
Nifty (at close)4,003.90 (-77.05)
US Dollar (Buy/Sell)49.00/01
Brent crude (a bbl) Rs2,981
Gold (a gram) Rs1,352
Silver (a kg) Rs22,410


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