The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
The Reserve Bank of India's tight money policy by way of high interest rates to contain inflation coupled with the chilly winds blowing across the globe appear to have led to a slowdown in the economy with the country's industrial growth shrinking to less than half at 5.3 per cent …
The Rajya Sabha on Wednesday witnessed noisy scenes with MPs, cutting across party lines, targeting the Government on the issue of Special Economic Zones (SEZs). They accused it of allowing corporate and industrial houses to grab land from farmers and ignoring violation of the SEZ Act by developers. Though the …
Induction of fresh blood and ideas into the apex chamber, changing the common perception that all the business does with the Government is to seek sops for itself and contributing to the nation-building efforts by taking on and addressing the real issues of governance besides working for a sustainable and …
Maharashtra governor SC Jamir on Monday asserted that despite suicides by farmers and burgeoning power deficit, the state continues to attract investments of Rs 1,14,000 crore by steamlining the procedures as well as by offering single window clearance for fast track approvals. Jamir, who took over an additional charge as …
Japan on Monday approved a massive loan package of about Rs. 7,074 crore in the form of soft loan assistance for various projects including Delhi and Kolkata Metro, infrastructure project in Tamil Nadu, transmission project in Haryana and road projects in Hyderabad. The areas to be covered under the new …
Chief Minister Tarun Gogoi on Monday presented a Rs. 2819 crore deficit budget for the 2008-09 fiscal and announced a number of sops and projects to be undertaken by his government during the year. Mr. Gogoi also announced the introduction of gender budgeting in the State starting with 12 departments …
The Karnataka Budget for 2008-09 presented by Union Finance Minister P. Chidambaram had no fanfare, no announcements of new schemes and no new "populist' initiatives. Mr. Chidambaram presented the budget proposals for the State for 2008-09 in the Lok Sabha on Monday. He presented estimates for expenditure and receipts for …
The entire Opposition continues boycott of the Assembly session for the third day VAT on wheat flour, maida, pulses down to 1 p.c. Water tax and sewerage tax to be abolished DEHRA DUN: Chief Minister Bhuwan Chandra Khanduri presented a Rs.1,794-crore revenue surplus Budget for 2008-09 in the Uttarakhand Assembly …
The government has made significant allocations to important developmental and social agenda, and yet provided enough stimuli for continued growth. The budget announced last week by the finance minister sets some important and healthy precedents for the future. It is clear from the budget that the government recognises the additional …
'Brand Gujarat' is on the roll and the state government is aiming to reach out globally this time. To ensure an accelerated industrial growth of about 15 per cent for the next five years, the state government plans to come up with a
The Rs. 35,000-crore Mangalore Special Economic Zone Project appears to have suffered a setback as a Central committee of experts has advised the Ministry of Environment and Forests against going ahead with Phase II of the project, according to information available on the website of the Ministry. At a meeting …
Urging the people from the cross-sections of the society not to ponder much over what the Northeast region got and what it did not from the recently announced General Budget, Prof Dr Madhurjya Bezbaruah of Gauhati University instead said that the focal point should now be to keep a close …
The Union budget has sought to send a message that the government will do all it can to rein in inflation even while maintaining the growth momentum. The Prime Minister had made the point earlier that no government can be oblivious to the objective of ensuring price stability without hurting …
WORLD Bank on Tuesday launched a new catastrophe loan facility and revised an existing contingency credit line designed to help increase its business with middle-income countries. The World Bank board on Tuesday approved the Catastrophe Risk Deferred Drawdown Option that will give middle-income countries access to emergency funds in the …
The Plan outlay of Maharashtra for 2008-09 has been pegged at Rs 25,000 crore inclusive of additional Central Assistance of Rs 250 crore for projects of special interest to the State. This was agreed at a meeting between the Deputy Chairman Planning Commission, Mr Montek Singh Ahluwalia, and the Chief …
A plan of Rs 25,000 crore for Maharashtra for the year 2008-09 was on Wednesday approved by the Planning Commission at a meeting in New Delhi. The approval was given during today's meeting of Chief Minister Vilasrao Deshmukh with Planning Commission deputy chairman Dr M S Ahluwalia. This year's plan …
Even as there were no easy ways of balancing high economic growth with low inflation, Finance Minister P. Chidambaram on Tuesday said the Government would strive to peg the overall growth rate at near nine per cent while containing the inflation rate at close to four per cent. In his …
The SEZ Virodhi Manch has warned Chief Minister, Digambar Kamat that any attempts by the Ministers in his government or by other vested interests in Goa or by the Ministry of Commerce to foist the SEZs on Goa under any label or force the pace of industrialisation by any other …
There were no gasps of surprise when Palaniappan Chidambaram, Indian finance minister, unveiled a populist budget aimed at boosting the chances of the Congress-led governing alliance in the general election due by May 2009. Even so, the details announced on Friday were disappointing for economists concerned about inflation and alarming …
UN report predicts 55 per cent of Indians will live in cities by 2050 Half of the world's population is expected to turn urban by the end of this year. A UN report now estimates that cities in Africa and Asia will account for most of the growth in urban …
