-The Economic Times MUMBAI: Soaring diesel consumption by fleet owners, telecom companies to keep their towers running and malls to pamper their affluent customers is blowing up the theory that continuation of diesel subsidies is intended to help farmers and truckers in order to keep inflation low. Diesel consumption is growing at a rapid pace that is lining the pockets of the business community rather than the government's intention to help poor...
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Omkareshwar dam oustees stage protest in waist-deep water-Mahim Pratap Singh
-The Hindu As many as 250 people affected by the Omkareshwar dam project have been standing in waist-deep water since Saturday night, even as the water level continues to rise. The oustees announced their jal satyagraha protest last month at Ghogalgaon village in the East Nimar region against the Madhya Pradesh government’s decision to raise the water level in the dam from 189 to 193 metres. The 520-MW Omkareshwar project is one...
More »Tractor sales forecast cut as sowing area drops -Siddharth Philip & Swansy Afonso
-Live Mint Mahindra and Mahindra Ltd, the world’s biggest tractor maker by volume, cut its forecast for sales growth of the farm equipment in India as the worst rainfall in three years delays crop sowing. Mahindra estimates industry sales to expand as little as 2% in the year ending 31 March, Pawan Goenka, president of the automotive and farm equipment division at the Mumbai-based company, said in an email response on Thursday. Goenka...
More »The Assam tangle -Samudra Gupta Kashyap
-The Indian Express A little over 11 years ago, when the Congress defeated the Asom Gana Parishad and Tarun Gogoi took over as chief minister of Assam, people had their doubts. Would this man who had spent most of his political career since 1971 as a Lok Sabha member be able to run this state? The state, with its unique tangle of ethnicity and politics, has, after all, always been a...
More »Economy may bottom out on improving monsoon in the current quarter- Vinay Pandey
-The Economic Times The worst of drought may be behind after the near normal rains since fourth week of July, raising hopes that the economy could bottom out in the current quarter and even get a big push from a likely good Rabi harvest. The deficit in the weekly rainfall in the three weeks to August 15, the crucial sowing period in north India, has been less than 4%, almost normal rainfall. The...
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