-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...

-Business Standard Indian economy is closely integrated with the global economy, which is facing a slowdown, and so the headwinds are difficult to avoid, Chief Economic Advisor Arvind Subramanian told journalists in an interaction after presenting the Economic Survey 2015-16. In this uncertain environment, monetary and fiscal policies should aim to purchase insurance, so to speak, against the global slowdown, he said. Edited excerpts: * In the backdrop of a global slowdown,...

-Hindustan Times The Chennai floods have thrown up some fundamental flaws in our system of urban planning. Across India, city after city has experienced floods, while some others live with the fear of impending disasters. In Mumbai, flooding was caused by wrong developments at the Bandra estuary and negligence along the Mithi river, and in Uttarakhand the disaster was caused by unplanned regional development and the unholy nexus between the land...

-Business Standard Interim order stops registration of new diesel vehicles in Delhi In a significant measure to curb the alarming pollution level, the National Green Tribunal on Friday issued an interim order that new diesel-run vehicles will not be registered in Delhi and there will be no renewal of registration of such vehicles which are more than 10-year-old. The tribunal also asked the Centre and Delhi governments to consider not buying diesel...

-The Hindu Business Line A CAG audit shows that the Centre and State governments have been criminally remiss over disaster management The unprecedented and continuing rains that have broken a 100-year record and have wreaked havoc in Chennai for over a week, highlight both elaborate rescue and relief efforts as well as gaps in the existing policy on disaster planning. It is true that swift deployment of the armed forces to evacuate...