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Economy and Politics
Petrol price cut by 58 paise, diesel by 25 paise a litre

Petrol will cost Rs 60.48 per litre from mid-night tonight in Delhi as against Rs 60.70 a litre currently.

Infrastructure accounts for nearly 38 per cent of India's industrial output.
The NITI Aayog Vice Chairman's remarks came amid the perception that Indian economy can gain from the deceleration of the Chinese economy.

It had dropped by 44 paise or 0.66 per cent in the previous two trading days. The local currency moved in a range of 66.62 and 66.86 per dollar during the day.
The GST aims to cut red tape for taxpayers by replacing an array of central excise and state levies such as sales tax and VAT which currently range from 25% to 30%.
The deficit was 89.6 per cent of the full-year target during the same period a year ago.
The magnitude of the selling, and the impact on the rupee, raise the stakes for the Reserve Bank of India (RBI), which is widely expected to hold rates on Tuesday.
RBI governor Raghuram Rajan is expected to keep the interest rate unchanged at 6.75 per cent in its fifth bi-monthly monetary policy review on Tuesday.
The government needs Parliament approval for the GST Bill in the ongoing Winter Session to roll out the new indirect tax regime, as planned, from April 1, 2016.
An empowered committee of state finance ministers had gone for a week's visit to Australia recently to study the implementation of the GST in the country.

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