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India loses Rs 60,000 crore due to traffic congestion: Study-Dipak K Dash

-The Times of India The country loses Rs 60,000 crore a year due to congestion (including fuel wastage), slow speed of freight vehicles and waiting time at toll plazas and checking points, a study on operational efficiencies of freight transportation by roads has claimed. It said vehicles crawl at an average speed of less than 20 kmph on some key corridors such as mumbai-Chennai, Delhi-Chennai and Delhi-Guwahati while it's only 21.35 kmph...

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Mixed response to bandh against petrol price hike

-PTI No impact in Kerala, lukewarm response to the stir in Tamil Nadu The nationwide bandh called by the NDA and Left parties to protest the petrol price hike today evoked a mixed response amid incidents of stone pelting, arson and road blockades in Karnataka, Maharashtra and West Bengal. In the national capital, the bandh did not evoke much response though party supporters blocked traffic in some places. Small shops were seen open...

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With slowing growth, people are now questioning the long-term Indian story

-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...

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A burden beyond bearing

-The Business Standard Govt cannot delay increasing diesel, LPG prices Petroleum Minister Jaipal Reddy, speaking after a ministerial-level meeting on inflation on Monday, said that the government had no immediate plans to raise the administered prices of diesel, kerosene and domestic LPG (liquefied petroleum gas). This comes after oil marketing companies raised the price of petrol last week by Rs 7.50 per litre, an increase of 12 per cent. Mr Reddy’s...

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Chorus of unreason -TK Rajalakshmi

Political parties across the spectrum get into a tangle over an innocuous cartoon in a school textbook THE textbooks of the National Council of Educational Research and Training (NCERT) are in the news again. This time, it is not history but political science textbooks that managed to get almost all Members of Parliament on their feet on an emotive issue and for reasons that defied logic. One day before the 60th...

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