-The Telegraph The Centre today submitted in the Supreme Court a "draft model rule" to restrict sale and purchase of acid in the country following the rising number of attacks on women by criminal elements and jilted lovers. Under the draft rules, the sale of acid will be restricted to industrial use, battery dealers, school/college chemical labs and hospitals. It will be obligatory for all buyers to furnish their photo identity and...
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I&B seeks Trai, Press Council of India view on FDI
-The Times of India NEW DELHI: Information and broadcasting (I&B) ministry has sought the views of regulator Trai and Press Council of India (PCI) on an increase the cap on FDI in media. This was described as a consultation process by ministry sources who said that nothing was being changed right now. Earlier, a committee headed by economic affairs secretary Arvind Mayaram had recommended an increase in the FDI limit in print...
More »Air pollution kills over two million people each year
-IANS WASHINGTON: Human-caused outdoor air pollution may be responsible for over two million deaths worldwide - a large number of them in South Asia and East Asia - each year, US researchers have said. A study, published in the journal Environmental Research Letters, has estimated that around 470,000 people die each year because of human-caused increase in ozone, Xinhua reported. It also estimated that around 2.1 million deaths are caused each year by...
More »Gujarat seeks cut in tariffs for solar power plants -Mitul Thakkar
-The Economic Times NEW DELHI: Narendra Modi's Gujarat government, lauded by India Inc for being business friendly, has stumped industry as it seeks to back out of the high tariffs contracted for nearly 1,000 MW of solar plants of the Tatas, GMR, Adani, Bollywood star Ajay Devgn, Lanco and others. Industry leaders said the move was shocking as it raised issues about the consistency of the state's policy, but the business-savvy Gujarat...
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...
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