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Monthly WPI inflation stood at 4.68% in February

-Press Information Bureau (Ministry of Commerce and Industry) The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of February, 2014 has remained unchanged at its previous month level of 178.9 (provisional). INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.68% (provisional) for the month of February, 2014 (over February,2013) as compared to 5.05% (provisional) for the previous month and 7.28% during the corresponding...

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Mining Bill lapses, sector avoids 'meltdown'

-The Business Standard The future of the Bill will be decided by the next government The United Progressive Alliance's (UPA) attempt to overhaul the 50-year legislation governing the corruption-ridden mining sector has fallen through with the new mining Bill lapsing. The Mines and Minerals Development and Regulation Bill had proposed sharing of miners' profits with the project-affected, among others, but with the Lok Sabha being dissolved, the Bill has lapsed. Many from the sector...

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Pan masala, gutka to cost more as govt raises duty

-The Times of India NEW DELHI: Pan masala, gutka and several other tobacco products that are sold in pouches are set to get expensive as the government on Monday increased excise duty in a last-ditch effort to boost revenues. A statement issued by the finance ministry did not specify the extent of increase in excise but said the levy will now be linked to the capacity of production, which has increased due...

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Read the Odisha illegal mining report that the Congress government doesn’t want you to see -Ashish Khetan

-Gulail.com The MB Shah Commission report on illegal mining in Odisha, exposes how private mining companies earned thousands of crores of rupees by illegally extracting precious Iron Ore and manganese ore from the mines in Odisha. This is money that should have been used to eradicate poverty in this seriously backward state and improve the quality of life of the tribals and indigent villagers. But instead the money went into the...

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Shove Comes To Push -Lola Nayar

-Outlook The real story of a ‘decisive' UPA blowing away the eight-year cloud around Posco's project Bend It Like Moily Seven reasons why UPA's pre-poll green clearance for Posco is more about spiel than steel Posco got green clearance after the sudden removal of MoEF Jayanthi Natarajan, who was reluctant to sign on the file. The nod came days before South Korean President Park Geun-hye's visit;...

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