-The Business Standard Quick step by govt to provide alternate source only hope for Lanjigarh refinery Bhubaneswar: The 12-0 drubbing in gram sabhas held to seek a referendum on bauxite mining in Niyamgiri hills has pushed into uncertainty the fate of Rs 5,000 crore one million tonne refinery of Vedanta Aluminium (VAL) at Lanjigarh, which is struggling to stay in operation by sourcing bauxite from different places outside Odisha. The Dongaria tribes of...
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Vedanta rejection at Niyamgiri won't be the last; jinx of bauxite mining may continue -Meera Mohanty
-The Economic Times When the voting stops on August 19, the scorecard, which is currently 9-0, may well read 12-0. An emphatic and embarrassing rejection of state and corporate plans to mine bauxite atop the Niyam Dongar hilltop in the Kalahandi district of Odisha. Twelve tribal villages that call this mountain range home have, in all likelihood, secured their religious rights over the hill and its natural resources, including 72 million...
More »Forests of the night -Christophe Jaffrelot
-The Indian Express How Chhattisgarh became a sanctuary, and then a laboratory, for Naxals Some time ago, Chhattisgarh hit the headlines because of a Maoist attack on state Congress leaders, in which V.C. Shukla and Mahendra Karma died. Since then, the Congress has accused the BJP government of a conspiracy, and some BJP leaders have accused former chief minister Ajit Jogi of being part of a conspiracy himself. Politicising this tragic episode...
More »Fixed deposits earning you negative returns-Mayur Shetty
-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...
More »80% of working women have no investment say: Report -Partha Sinha
-The Times of India MUMBAI: Less than one in five single working women, excluding those divorced and widowed, take their own investment decisions, a recent all-India survey has found. Despite handling responsibilities at their workplace, they depend on parents and family members, friends and financial advisers when it comes to taking a call on money matters such as where and how much to invest. The reasons for this behaviour vary from...
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