-NDTV.com Gujarat bridge collapse: "Why was tender not floated? Why weren't bids invited?" Chief Justice says to the Gujarat's TOP bureaucrat Ahmedabad: Slamming the Morbi civic body for "acting smart", the Gujarat High Court today sought direct answers and slammed the manner in which the contract was awarded for maintenance of a 150-year-old bridge that collapsed on October 30 killing over 130 people. "The municipality, a government body, has defaulted, which ultimately killed...
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COP27: India thwarts attempt to club it with historical polluters -Gaurav Saini
-The Telegraph There are developing countries in TOP 20 emitters that are not responsible for warming that has already occurred New Delhi: Supported by other developing countries, India blocked an attempt by rich nations to focus on all TOP 20 emitters of carbon dioxide during discussions on the 'Mitigation Work Programme' at the ongoing UN climate summit in Egypt, sources said on Monday. During the first week of the climate talks, developed countries...
More »India’s Urban Infrastructure Needs to Cross $840 Billion Over Next 15 Years: New World Bank Report -
-Press release by World Bank dated November 14, 2022 NEW DELHI: A new World Bank report estimates that India will need to invest $840 billion over the next 15 years—or an average of $55 billion per annum—into urban infrastructure if it is to effectively meet the needs of its fast-growing urban population. The report, titled “Financing India’s Urban Infrastructure Needs: Constraints to Commercial Financing and Prospects for Policy Action” underlines the...
More »Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani
-The Hindu Consumer demand started to decline before the pandemic and worsened after outbreak In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019. The slowdown in corporate investment did not happen because companies were making losses. In fact, private companies, boosted by considerable tax cuts, made windfall profits. A State Bank of India analysis shows...
More »Critical to cut edible oil imports — Modi govt makes strong pitch for GM mustard in SC -Bhadra Sinha
-ThePrint.in In an affidavit filed before Supreme Court, environment ministry has said domestic production of GM Mustard will reduce India’s dependency on other countries to meet domestic demand. New Delhi: Defending the clearance given last month to the environmental release of Genetically Modified (GM) Mustard, the central government told the Supreme Court that the deployment of GM Mustard hybrids will contribute to India’s self-sustenance in the production of edible oil and shall...
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