-The Economic Times The oil ministry may raise prices of diesel by Re 1 a litre or that of cooking gas by Rs 100 to neutralise the impact of its plan to increase the supply of subsidised cylinders to households, government officials said. "A Re 1 hike in diesel prices would generate about Rs 8,000 crore a year, which is sufficient for three additional cylinders in a year. About Rs 100 hike...
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Millers’ market-Lyla Bavadam
-Frontline Maharashtra’s sugarcane farmers are a worried lot as the State government backs out from the sugar pricing process. Sangli & Kolhapur: KOLHAPUR and Sangli districts in Maharashtra form the heartland of Indian sugar industry. This time of year is generally the busiest, with itinerant labourers cutting sugarcane and loading it on to tractors that roar off to the more than 20 sugar factories in the two districts. In November and December,...
More »India’s crackdown on illegal mining is a huge bonus for big miners
-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...
More »The new political nexus-Sucheta Dalal
-MoneyLife.in If you were wondering why most of the recent major cases of corruption have not been exposed by opposition parties, especially the BJP, now you have the answer: they are all in it together. I am ready for any inquiry,” repeated Nitin Gadkari on every television channel where he brazenly defended the dubious shell companies and land allotment that propelled the growth of his ballooning ‘social entrepreneurship’. The irony is that Nitin...
More »PMO to clear green hurdles to projects-Sobhana K
-The Telegraph All environment-related roadblocks relating to government projects will be handled by the Prime Minister’s Office, finance minister P. Chidambaram has told a review meeting of infrastructure projects. His remark suggested the government is in a hurry to complete all infrastructure projects in time for the elections. Environment minister Jayanthi Natarajan and her team appeared to be everyone’s favourite punching bag at the meeting, attended by all core infrastructure ministries, including those...
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