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Tax waiver on 'affordable' flats may mean big profits for builders -Nauzer Bharucha

-The Times of India MUMBAI: The 100% tax waiver announced in the Union Budget on `small flats' to encourage affordable housing can lead to builders laughing all the way to the bank. Take a hypothetical case: Nothing stops a developer from constructing tiny 300square-foot apartments in tony Napean Sea Road in south Mumbai, selling them at, say, Rs 70,000sq ft, and getting a total tax waiver on profits. Experts say no law...

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IIT-Kharagpur develops arsenic filter for the aam aadmi

-The Times of India Kolkata: Here's good news for the city where several pockets are contaminated with arsenic-affected water. The Indian Institute of Technology-Kharagpur has developed an ultra-low cost eco-friendly laterite based arsenic filter for providing safe drinking water. The innovation has won Sirshendu De, the head of chemical engineering department, the Innovation Award 2016 from the Indian Desalination Association (South Zone). "In India and Bangladesh, it is generally agreed that arsenic contamination...

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Economy set for takeoff, but tick off reforms checklist first: Survey

-The Times of India The Indian economy has the engines for growth to cruise at 8% to 10%, but strong global headwinds mean that in the immediate future it's more likely to grow at somewhere between 7% and 7.75%, said the government's annual Economic Survey, released on Friday. On the whole, the Survey was bullish on India, describing it as a "haven of stability and an outpost of opportunity" in a gloomy...

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'Villain' shrub may yield drought-resistant rice -Ekatha Ann John

-The Times of India Chennai: For long, they were dubbed as the villain among vegetation, sucking all the water from ground, spreading rapidly along the coast and degrading the environment. More than a century after Prosopis juliflora, a shrub, was introduced in Indian soil by the British, scientists are now trying to use its genes to engineer rice varieties that can withstand water scarcity. After coming up with rice grains that are...

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‘Over 30% of lawyers have fake degrees’

-The Times of India NEW DELHI: The process of weeding out fake lawyers has begun across the country. Bar Council of India chairman Manan Kumar Mishra told TOI on Wednesday that results of an ongoing verification process may surprise many and far exceed the initial estimates that over 30% lawyers have fake degrees. "We have implemented the BCI Certificate and Place of Practice (Verification) Rules 2015 and have now made it mandatory...

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