The Church of England has sold its shares in Vedanta Resources, owned by NRI businessman Anil Agarwal, saying it is unhappy with the way the company is pursuing a project in south Orissa against the wishes of a local tribe. The Church sold its £2.5-million stake today after its representatives visited the Niyamgiri hills in poverty-ridden Kalahandi. The area is considered sacred by the Dongria Kondh tribe. Vedanta intends to mine the...
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Delhi High Court makes public assets of judges
All the judges of the Delhi High Court led by Chief Justice A. P. Shah on Friday made their assets and Investments public by uploading the details on the Court’s website. Before these details were uploaded, each judge submitted the details of his or her assets to the Chief Justice. The asset details include properties in the judge’s name or in the name of his/her spouse or his/her dependant family members. A...
More »NABARD sanctions Rs. 1.15 crore for National Agro Foundation by Ramya Kannan
The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs.1.15 crore from its Farmers Technology Transfer Fund to the National Agro Foundation (NAF), NABARD’s Managing Director K.G. Karmakar announced on Saturday. Speaking at a function in Illedu village, Kancheepuram, to observe the birth centenary of the former statesman, C. Subramanian, he said the funds had been sanctioned to the NAF to help farmers access new technologies. NABARD was interested...
More »Earthquakes the deadliest of all disasters during past decade – UN official
Earthquakes were the deadliest natural disasters in the past decade, accounting for 60 per cent of deaths caused by such hazards, a senior United Nations official said today, stressing the importance of investing in disaster risk reduction. UN Special Representative for Disaster Risk Reduction Margareta Wahlström stated that earthquakes remain a serious threat for millions of people worldwide as eight of the most populous cities in the world are built on...
More »Posco caught between promise & protest by Subrat Das
The $12 billion mega steel plant project of South Korean behemoth Posco proposed to be set up near Paradip port hangs in balance between promise and protest. While chief minister Naveen Patnaik assured the South Korean president, Lee Myung-Bak, to expedite the much-delayed project, anti-plant protesters have launched an indefinite dharna opposing the project. “I assured the South Korean President that the Posco steel plant project will be expedited. Of course, our...
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