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Featured News
Fuel price shield helping India and consumers to tackle West Asia crisis: Gita Gopinath
India is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the government is limiting fuel price hikes. This acts as an implicit subsidy. She advises more targeted support for vulnerable households and businesses instead of broad fuel subsidies. This approach helps where needed most and avoids economic distortions.
Guwahati Tea Auction Centre sets new benchmark for quality tea prices
Guwahati Tea Auction Centre achieved record prices for quality tea. Deckiajuli Tea Estate sold premium CTC leaf at Rs 1,103 per kg. Sotai Tea Estate tea also reached a new high of Rs 889 per kg. Over 65,000 kg of tea sold above Rs 400 per kg. The Assam Government offers subsidies for orthodox tea.
