-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....
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Why not levy 25% green tax on diesel cars, Supreme Court asks -Dhananjay Mahapatra
-The Times of India The Supreme Court on Monday sought the Centre's response to a radical plea for collection of 25% of the cost of a diesel car or SUV sold in the National Capital Region as green tax at the time of its purchase to deter people from buying more polluting personal vehicles and help fight the growing levels of pollution in Delhi. The court also sought the Union government's response...
More »5 lakh vehicles added to city roads in a year
-Express News Service Dikshit releases Delhi Statistical Handbook, says city an attractive destination for all. With more than 5 lakh vehicles added to the roads in the last year, Delhi recorded the biggest jump ever in motor vehicle registrations. But as the number of vehicles increased, no significant change in road length was recorded in the Capital. The figures were made available when Chief Minister Sheila Dikshit released the Delhi Statistical Handbook, 2012,...
More »Delhi smog lifts partially-Vivek Chattopadhyay
-Down to Earth Pollution build up in recent days corresponded with peak traffic hours and freight movement The dense smog enveloping Delhi over the past few days lifted partially on November 6, but it may return with renewed vigour, as the factors causing it remain in force, warned Delhi non-profit Centre for Science and Environment (CSE). CSE has reviewed the magnitude and severity of the smog. Its researchers say that while every winter,...
More »Inside Meghalaya’s black hole -Esha Roy
-The Indian Express Fifteen-year-old Altaf Hussain crouches effortlessly and heads into what looks like a black hole. Dragging a large wooden cart behind him, he disappears into the gaping darkness within seconds. After what seems like an endless wait but lasts just half an hour, he emerges from the hole with a cart laden with dark, glittering coal. The head of this group of 30 is Abu Kalam Mia. The 27-year-old ‘sardar’,...
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