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Animals also entitled to accident compensation, says Supreme Court by J Venkatesan

Award of Rs. 13.48 lakh for elephant hit by KSRTC bus upheld Observing that animals, including elephants, are entitled to compensation in road accidents, the Supreme Court has upheld an award of Rs. 13.48 lakh for the death of a temple elephant after it was hit by a Kerala State Road Transport Corporation (KSRTC) bus. A Bench of Justices B.S. Chauhan and T.S. Thakur did not agree with the contention of the...

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Bootleg liquor kills 143 people in West Bengal

-Associated Press   Bootleg liquor containing toxic methanol killed 143 people and sickened dozens more who drank the cheap, illicit brew bought at small shops in West Bengal, officials said Thursday. Police arrested 10 suspected bootleggers. Emergency medical teams rushed to the village outside Kolkata, and thousands of relatives, many of them wailing in grief, gathered outside the packed hospital. Inside, dead bodies lay on the floor covered in quilts, while the ill...

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Now, a green cess on petrol, cars? by Mahendra Kumar Singh

Buying and running cars and two-wheelers could soon become a costly affair with a Planning Commission working group suggesting a green surcharge of Rs 2 on every litre of petrol, a green cess of 3% of the annual insured value of all private vehicles and a steep urban Transport tax to be collected at the time of purchase of private vehicles.  The panel, headed by Delhi Metro chief E Sreedharan, has...

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Experience so far by CP Chandrasekhar

Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...

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Centre to set up Rs. 1,000-crore fund to promote housing for poor by P Sunderarajan

It will provide credit risk guarantee to banks on the loans Prime Minister Manmohan Singh on Tuesday announced that the Centre was considering setting up a credit risk guarantee fund with a corpus of Rs. 1,000 crore, to start with, to encourage banks to lend to the poor for housing. Emphasising that developing housing for the poor was critical for sustainable urban development, he said: “To encourage banks to lend in significant...

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