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Top headlines: Capex distribution rules, Edible oil prices fall, and more

Business Standard brings you the top headlines at this hour

Photo: Brent Lewin/Bloomberg
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Photo: Bloomberg

BS Web Team New Delhi
Centre sets out rules on disbursing Rs 1 trillion capex funds to states
The Centre will release Rs 1-trillion interest-free capex loans, as announced in this year’s Budget, to the states under seven heads with conditions such as facilitating Gati Shakti, funding the PM Gram Sadak Yojana, incentivising digitisation, laying the optical fibre cable network, urban reforms, disinvestment, and monetisation. Read more...

Edible oil prices will soften by Rs 15/litre in a few weeks: Industry
The edible oil industry has assured the government of further reduction in retail prices by at least Rs 10-15 a litre in the next few