TN not to reduce fuel price, says FM

Posted on   12:15 pm

A day after the Centre reduced the excise duty on petrol and diesel by Rs 8 and Rs 6 per litre respectively, Taminadu Minister for Finance and Human Resource Management Dr.Palanivel Thiaga Rajan on Sunday said it is neither fair nor reasonable to expect States to reduce their taxes.

Rate hike’s timing was surprising, says FM

Posted on   12:46 pm

Finance Minister Nirmala Sitharaman has said the recent interest rate hike by the Reserve Bank was not surprising for her but the timing was, asserting that the rising cost of funds will not impact the government’s planned infrastructure investments.