-The Times of India For the first time in the history of Indian automobiles, cumulative sales of utility vehicles (UVs) have overtaken those of sedans - all three-box cars, from the entry-level to the super-luxury segment - in the first five months of the fiscal year 2012-13. New launches such as the Mahindra XUV500, Maruti's Ertiga and Renault's Duster pulled in buyers still looking to benefit from the huge price differential...
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Red bastion growth on Ramesh radar -Ramashankar
-The Telegraph Union rural development minister Jairam Ramesh today expressed surprise over husbands of women mukhiyas and women sarpanchs running the rural parts of the state, unlike elsewhere in the country. Ramesh was on a visit to Rohtas district to review bariou development schemes undertaken in areas that have suffered because of ther Maoist violence. During his meeting, he could not find any woman mukhiya or woman sarpanch with whom he could interact...
More »52 more local body representatives resign in Gadchiroli-Pavan Dahat
-The Hindu Fifty-two more local body representatives have resigned protesting ‘police atrocities and lack of development of the region,’ in the Korchi tehsil of Gadchiroli district of Maharashtra. The total number of resignations now stands at 218 in Korchi. “The list includes 27 sarpanchs, 27 deputy sarpanchs, 31 police patils and 133 gram panchayat members,” Nandkishor Vairagade, secretary of the Sarpanch Union of Korchi told The Hindu . “On June 29 Baiju Hidami,...
More »Excise levy may be raised on diesel cars-Amrit Raj
Finance ministry asks automobile sector to submit a report on the impact of such a move within a week’s time The government appears to have made up its mind to increase excise duty on diesel cars to neutralize the advantage of the state subsidy that has prompted motorists to increasingly favour vehicles powered by the fuel that’s Rs.30 a litre cheaper at the pump than petrol. Indications that the government is leaning...
More »More cases of 'wilful' default on bank loans by farmers
-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...
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