The Maharashtra Electricity Regulatory Commission (MERC) on Thursday spared a power tariff hike for nearly 16 lakh non-metered agriculture consumers consuming up to 5 horsepower and 1.20 crore residential consumers of Maharashtra State Electricity Distribution Company Ltd (MSEDCL) with a monthly consumption up to 300 units, for 2010-11. Taking note of the grievance of educational institutions, dispensaries and hospitals consuming a load up to 200kw,MERC has de-clubbed them from the commercial...

Asks the regulator to wait till end of festive season to prevent price speculation. The ministry of food and pubic distribution system has proposed to the Forward Markets Commission (FMC) to extend the ban on trading of sugar futures till the festive season is over. Officials said recommendations have been sent to the regulator to prevent any scope of speculation in the sugar prices at a time when prices of all commodities...

International efforts to protect the ozone layer shielding life on Earth from harmful levels of ultraviolet rays have stopped additional ozone losses, potentially averting scores of millions of cases of skin cancer and eye cataracts, according to a new United Nations report released today. At the same time they have helped to mitigate the global warming greenhouse effect. “Today’s report underlines that action to protect the ozone layer has not only...

A combination of factors led by state policy has enabled the southern State to become a notable achiever with respect to some key indicators of development. In 2001, Nobel Laureate Amartya Sen recorded an eyebrow-raising fact in his book, “Development as Freedom”, that Tamil Nadu and Kerala had both achieved much faster rates of decline in fertility than China had achieved since it introduced its one-child policy. That same year, the international...

The out-of-pocket healthcare spending by Indians continues to push them further into poverty with the public spending on health is almost negligible, according to the India Health Report 2010. Studies have documented that households in India spend a disproportionate share of their consumption expenditure on health, with the contribution from government being almost negligible. Public spending on health is very low, stagnant at about 1 per cent of GDP, putting India...