Tata Motors to partially shut Jamshedpur plant
Tata Motors would halt production at its block here for three days from today, following poor demand. Confirming the development, a Tata Motors spokesperson said the block closure had been planned
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JNNURM a big let-down, says CAG
The Jawaharlal Nehru National Urban Renewal Mission's seven-year voyage seems to have yielded little, at a great cost. And, says a performance audit of the programme by the office of the Comptroller
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Rangarajan panel to suggest basis for gas pricing
The high-level committee on production sharing contracts is set to change the rules for investment in the oil and gas sector. Chaired by C Rangarajan, chairman of the Prime Minister’s Economic Advisory
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Microfinance - From utopia to dystopia
In his valedictory address at the Microfinance India Summit in New Delhi on Wednesday, Rural Development Minister Jairam Ramesh may have called microfinance “a discredited model” in “a danger zone”. But
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Forests vs tribals
Trouble is again being caused by the inherent contradictions between the two laws – the Indian Forest Act and the Forest Rights Act (FRA) – that govern India’s forests, their produce and the people dependent
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Thomas R Pickering & David Hannay: A Group without a mission
The Group of 20, which brings together countries that account for more than 80 per cent of world economic activity, was born in the global financial crisis of 2008. By reaching across the divide between
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Micro ATMs Planned for Transfer of Cash to Poor
The government is likely to shoot down the department of financial services’ (DFS) plan to appoint common banking correspondent companies for transferring cash to poor people, and replace it with a countrywide
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Bal Thackeray Turns Mumbai Poultry into a Paper Tiger
Shiv Sena supremo Bal Thackeray’s death brought Mumbai to a standstill a couple of weeks ago. It also wrecked havoc on Maharashtra's poultry industry as the three-day closure of all markets in the
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SC to Hear Cauvery Water Row on Monday
With talks between chief ministers of Tamil Nadu and Karnataka failing to break the deadlock on the Cauvery water-sharing row, the Supreme Court has decided to hear both the states on Monday and asked
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Cap on Number of Subsidised LPG Cylinders Likely to be Revised Soon
The government has indicated it may revise the decision to cap the number of subsidised LPG cylinders to six a year, per household, following pressure from ruling and Opposition parties. “We are applying
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Maldives Airports Co Files Complaint Against GMR
The Maldives Airports Company has filed a complaint with the police here over what it terms as “unlawful leasing” of Male International Airport to Indian infrastructure major GMR. “The Maldives Airports
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Yes, we can!
The Indian economy grew along expected lines during the July-September quarter. That’s the good news. The bad news is that both manufacturing and agriculture, that together provide the bulk of the jobs,
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Jaya miffed as Shettar won’t open Cauvery shutters
Talks between chief ministers of Tamil Nadu and Karnataka on Cauvery water sharing, held at the suggestion of the Supreme Court, failed after both sides stuck to their known positions. After more than
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JNNURM poorly implemented: CAG
Thousands of unfinished projects, diversion of funds to the tune of . 115 crore and lack of accountability and monitoring were some findings of a CAG report on the Centre’s flagship urban renewal project,
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Maldives decision unlawful: Khurshid
External affairs minister Salman Khurshid has termed as “unlawful” the decision by the Maldives government to terminate a contract with the GMR Group under which the Indian company was to operate the Male
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GMR Infra moves court against Maldives govt
GMR Infrastructure on Friday moved court in Singapore against the Maldives government’s recent decision to terminate its concession agreement to develop the Male international airport. GMR has sought
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GMR Infrastructure on Friday moved court in Singapore against the Maldives government’s recent decision to terminate its concession agreement to develop the Male international airport. GMR has sought an interim injunction on the government’s decision, co
The Rs.80,000-crore sugar industry, hamstrung by a complex web of state controls, has seen a new ray of hope in last week’s government decision to direct oil firms to pay market price for ethanol purchases
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Subsidy schemes could delay direct cash transfer plan
The massive scale and complexity of major subsidy schemes are likely to delay the ambitious plan of limiting state subsidy on food, fertiliser and petroleum products only to the poor by directly transferring
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Economy grows mere 5.3% in Q2
The Indian economy grew just 5.3% in the July-September quarter, slower than 5.5% in the previous quarter and 6.7% in the year-ago period, even as policymakers, caught in a political vortex, are working
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Thermax bags R503-cr power plant order
Energy and environment management firm Thermax has bagged a R503 crore order from a leading public sector firm to set up a captive power plant for its new 3 million tonnes per annum integrated steel plant