The Central Electricity Regulatory Commission (CERC) has convened a hearing on March 23 to consider various remedial measures to contain transmission congestion that is severely affecting the flow of power to the southern states. The power exchanges and load dispatch centres would make their submissions at the meeting.
Truck rentals have surged six-eight per cent, while retail freight is up by 12-15 per cent after a hike in diesel prices by Rs 2.58 (ex Delhi) and Rs 3 per litre (ex Mumbai and Chennai) was announced in the Budget proposal last week.
Clearance only after impact analysis, says Jairam Ramesh.
To this end, the state has roped in Ernst & Young (E&Y) to prepare a master plan. E&Y outbid KPMG to win the Rs 1.65 crore (Rs 16.5-million) contract from Maharashtra Industrial Development Corporation.
The Bharatiya Janata Party has resorted to a rath yatra to press for a separate Vidarbha state. For a change, the party does not want to make it an emotional issue like the Ram temple but reach out to the people of 11 districts.Party legislator from Vidarbha, Sudhir Mungantiwar, a frontrunner to take over from Nitin Gadkari as the president of the Maharashtra unit of the party, and Devendra Phadanvis, a confidante of Gadkari, would begin the 'yatra' from Friday.
A cartelisation of Mumbai's real estate, one of the costliest in the world, in the matter of transferable development rights has put upward pressure on prices and has also caused concern in policy circles.In a recent development, just six-odd builders and developers hold 70 per cent of the 2.5-3 million sq ft TDR available. The price of TDR has also surged to Rs 2,500-Rs 3,000 per sq ft from Rs 800-1,000 sq ft in the past six months.
Though the Bharatiya Janata Party, under the leadership of Nitin Gadkari, has launched an exercise to consolidate its position while pursuing coalition politics, it is in a state of dilemma as far as Bihar is concerned.
A revenue department official said against 4,500 sand spots across the state, only 1,300 which had been cleared by the respective gram panchayats are available for auction.
The world's fastest-growing wine market for the past five years, has come crashing down.
The Centre, under attack for rising sugar prices, is weighing the option of asking bulk consumers, like makers of sweets, soft drinks, fruit juice, chocolate, ice cream and biscuits, to use only imported refined sugar instead of buying domestic supplies.
They want FSI to be in line with export benefits for the sale of residential properties to NRIs and foreigners.
Union Agriculture Minister Sharad Pawar on Thursday brushed off all allegations and reiterated his support for the introduction of Bt brinjal. He asserted that the introduction of the genetically modified brinjal can take place as it has been recommended by Genetic Engineering Approval Committee (GEAC), a scientific body, after carrying out a series of trials and tests on its impact on nature.
Amid the controversy over the issue of north Indian migrants in Mumbai, Congress MP Rahul Gandhi will visit the country's financial capital on Friday. During his visit, Gandhi will interact with college students, especially dalits, and is likely to address five meetings in the city.
Gujarat, Haryana and Orissa, on the other hand, are tightening the monitoring mechanism to firmly tackle the problem. Similarly, Delhi, where the losses have come down to around 16 per cent from 60 per cent before privatisation, has increased policing to avoid tampering of meters and thefts.
It is under the blessings of politicians that builders and the criminal-builder nexus is thriving.
Nearly 750,000 tonnes of imported sugar are stuck at the Kandla and Mundra ports even as prices skyrocket in the domestic market. That's because the sugar importing mills in Uttar Pradesh have still not been able to arrive at an agreement on processing imported raw sugar by millers in Maharashtra and Gujarat.
Pricewaterhouse-Coopers (PwC) and the Indian Electrical & Electronics Manufacturers' Association (IEEMA) have recommended that the Centre and state governments ensure 15 per cent price preference for government enterprises.
The Maharashtra government has decided to increase floor space index (FSI) to 3 from the current 2.5 for buildings which have come up between 1940 and 1960. The decision opens up the possibility for redeveloping 16,461 old buildings.
Bharat Heavy Electricals is exploring opportunities for an acquisition or a joint venture partnership with companies from the United States and Europe.
State governments, which are striving to achieve 4 per cent growth in agriculture during the 11th Plan period (2007-12), have made a strong pitch for repayment of short-term loans by farmers in case of natural calamities at an interest rate of 7 per cent and not at the regular rate of over 10 per cent as fixed by banks.
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