-MoneyControl.com Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab, Rajasthan and West Bengal as highly stressed due to their high debt levels, the quality of expenditure and the level of fiscal deficit. These states could face a crisis if...

-Newsclick.in Kharif sowing has almost stopped with the state not receiving even 10% of the expected rains. Maharashtra faces uncertainty both politically and agriculturally. While the ruling Shiv Sena’s rebel leader and MLA Eknath Shinde plans to head to Mumbai along with his faction to grab Power, farmers of the state face an uncertain future with 41.4% deficient rainfall, leading to a virtual halt in the sowing of Kharif crops. According to the...

-The Telegraph Kaushik Basu credits country’s intellectual influx and links its downfall to the practice of hyper-nationalism by junta in 1930s Calcutta: The pursuit of hawkish nationalism is detrimental to the growth of a country’s economy, Kaushik Basu, C. Marks Professor of international studies and professor of economics at Cornell University, said at Para in Purulia on Thursday. “We cannot be hyper-nationalistic…,” Basu said while delivering a lecture on “India’s economy and the...

-The Telegraph West Bengal Power Development Corporation Limited to file separate affidavits stating particulars of the proposed coal mine project in Birbhum district Calcutta: Calcutta High Court on Tuesday asked both the state government and the West Bengal Power Development Corporation Limited (WBPDCL) to file separate affidavits in two weeks stating details of the proposed Deocha-Pachami-Dewanganj-Harinsingha (DPDH) coal mine project in Birbhum district. A division bench of Chief Justice Prakash Srivastava and Justice...

The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption.   Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...