-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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Likely drop in food output to keep prices high -Zia Haq
-The Hindustan Times Indian households, already paying more for food, could see prices remain high because of a likely fall in farm output, despite an abating drought. Although the monsoon has improved to be only 8% below average until September 12, production of pulses, cereals and sugar is likely to decline from last year's levels, when India posted a record harvest. "Although stocks are plentiful now, prices remain a real cause of concern...
More »All Goa iron ore mines lose green clearance -Murari Shetye
-The Times of India PANAJI: Following the adverse report by the Shah commission on illegal mining in Goa, the Union environment and forests minister Jayanthi Natarajan on Wednesday announced the suspension of environment clearances given to all 93 functional mining leases in the state. The orders came a day after TOI's story on how the central government had given illegal clearances to Goa's iron ore mines even under PM Manmohan Singh's watch...
More »FDI: Government trying to get Mamata Banerjee's support
-The Economic Times The government has revived its efforts to get Trinamool Congress on board its plans to ease foreign investment rules for civil aviation and muti-brand retail. Civil aviation minister Ajit Singh is expected to discuss the issue of allowing foreign airlines to buy stake in Indian carriers with chief minister Mamata Banerjee on September 14. Government leaders had tried to work out a consensus on the two issues at the...
More »Back to the farm
-The Indian Express Wage growth in agriculture outpacing that in industry is a bad sign for the economy Against a 63 per cent rise in industrial wages in a 10-year period, agricultural wages in the harvesting season have risen by 117 per cent, according to data released by the agriculture ministry this week. The difference in the rise in wages in the two sectors, from comparable bases, is not a statistical artefact....
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