-The Times of India Every few days, Rajkumar Sharma, manager of a group housing society in Noida, makes the mandatory trip to the nearby petrol pump to pick up his quota of diesel. A few days back, even as he was on his 'diesel duty' as he calls it, he was making some quick back-of-the-envelope calculations. "Our average monthly consumption is around 400 litres which means a monthly expenditure of around...
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Business by other means -Ajoy Ashirwad Mahaprashasta
-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
More »Government pushes banks to go rural, but will it pay?-Swati Pandey and Rajendra Jadhav
-Reuters RANCHHODPURA, India (Reuters) - Working out of a tiny rented room furnished with a wooden table, small biometric authentication machine and shelf stacked with passbooks, Ganesh Dangi is a one-man bank for a village of 650 people in northwestern Rajasthan. A business correspondent, or local representative, for State Bank of Bikaner and Jaipur (SBBJ) in Ranchhodpura village, 40 km (25 miles) east of Udaipur, Dangi is racing to sign up villagers...
More »New UN environment studies show rising mercury threat to people in developing countries
-The United Nations Communities in developing countries are facing increasing health and environmental risks linked to exposure to mercury, according to new studies by the United Nations environmental agency. Produced by the UN Environment Programme (UNEP), the studies note how parts of Africa, Asia and South America could see increasing emissions of mercury into the environment, due mainly to the use of the toxic element in small-scale gold mining, and through the...
More »Restuarants, eateries, canteens to require licences from Food Safety and Standards Authority of India to operate-Ratna Bhushan
-The Economic Times Come February 4 and all eateries in the country-from restaurant chains such as KFC and McDonalds to restaurants within hotels like Bukhara and Swagath to even school canteens and corporate cafeterias-will need a 'food business operator' licence from central food authority Food Safety and Standards Authority of India to operate. The authority plans to randomly check food joints across the country after the February 4 deadline for obtaining the...
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