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Economy
Decline of the Rupee
A recent report by the Reserve Bank of India (RBI) about the share in circulation of various currency denominations in 2010-11 reflects how the value of the country's currency unit, the Rupee, has gradually eroded. The erosion seems to have picked up pace since the economic reforms process began in 1990-91 and was, seemingly, accentuated since 2003-04.
Proloy Bagchi | Jun 17, 2013
Comments : 0
Falling rupee impacts foreign education dream: Assocham
Students proposing to go abroad for higher studies becomes one of the victims of the weakening rupee as if dollar remains around Rs.60, the impact shall be 15% to 20%, indicates the quick estimates by the industry body Assocham.
Shiv Prakash | Jun 14, 2013
Comments : 2
120 MW thermal Bhatinda unit suffers major damage due to staff shortage
The 120 MW unit no. 3 of Bhatinda thermal plant on June 13 suffered a major breakdown allegedly due to staff shortage. All the turbine bearings of 120 MW units were damaged and the turbine got jammed in the afternoon and it may take few weeks before the unit can be restored.
V K Gupta | Jun 14, 2013
Comments : 0
Assocham calls industrial slowdown 'pathetic'
Industry lobby group Assocham has said that said industrial production at two per cent for April 2013 is simply 'pathetic' as it conveys deep problems in the job-oriented vital part of the overall economy.
Krishna Y. | Jun 13, 2013
Comments : 0
Arresting the falling rupee should become a priority
Of late, newspapers headlines are focusing on the concerns over falling Indian rupee. The latest reports point out that the government, Reserve Bank of India and SEBI are planning to take warranted action to stop the fall in the rupee.
Vishnu Mohan | Jun 12, 2013
Comments : 2
Over-conservation policy of BBMB may lead to spillage from Bhakra
The policy of over conservation and wrong assessment of reservoir strategy is likely to lead to spillage from Bhakra Dam this year, said Padamjit Singh, Chairman All India Power Engineers Federation (AIPEF).
V K Gupta | Jun 11, 2013
Comments : 0
Commissioning of two Bhakra units delayed
Punjab and Haryana may not get expected peak load relief from the BBMB during hot and humid summer as there has been further delay in the commissioning of Bhakra left bank units 2 and 5.
V K Gupta | May 30, 2013
Comments : 0
Punjab: Brace for power cuts as demand rises by 15%
The power demand in Punjab has grown by minimum 15% this year but any capacity addition in generation has failed to materialize this year despite tall claims.
V K Gupta | May 26, 2013
Comments : 0
CACP's proposal of 'negligible' hike in MSP blow to credit-starved Vidarbha farmers
The recent proposal of the Agriculture Ministry on the recommendations of the Commission for Agriculture Costs and Prices (CACP) to hike minimum support prices (MSP) of Vidarbha's main cash crops - cotton, pluses (Tur), soybean and paddy - has dealt another blow to debt-trapped dying five million Vidarbha farmers who are committing suicides due to prevailing distress.
VJAS | May 24, 2013
Comments : 0
PSPCL losing heavily for lapses in coal sampling
Punjab State Power Corporation Ltd. (PSPCL) is losing heavily for lapses in coal sampling and testing at Ropar thermal plant.
V K Gupta | May 22, 2013
Comments : 0
Under-performance of thermal plants in Haryana and Punjab
The under performance of thermal plants in Punjab and Haryana during financial year 2012-13 was due to break down of power utilities. According to official sources, in case of Punjab though, Lehra Mohabatt and Ropar thermal plants, were able to meet generation targets of CEA but their performance was below normal due to backing down of units by PSPCL.
V K Gupta | May 04, 2013
Comments : 1
The birth of New Millennium Economics
A theory can be replaced only by another theory; a term can be replaced only by another term. The staying power of the term, neoclassical, can, in many ways, is explained by the absence of an alternative. Unless another term is forthcoming and becomes generally accepted, and used by historians of thought and other observers, the term 'neoclassical' will continue forever.
Vinod Anand | Apr 26, 2013
Comments : 0
Retired engineer petitions Punjab govt's 'return on equity' adjustment
The move of Punjab Government to adjust return on equity against power subsidy has been challenged before Punjab State Electricity Regulatory Commission (PSERC).
V K Gupta | Apr 22, 2013
Comments : 0
Disguised as cinnamon, cassia marketed through retail outlets
Activities of various government departments, and the pace at which decisions on vital issues related to people's health are taken, show they are not serious about the real problems of the people, rather they try to shift the responsibility of their duties on others.
D N Singh | Apr 18, 2013
Comments : 2
FDI in Retail: new avatar of business
India is a developing nation known for her good natural resources like coal, ores and raw materials. Indian government passed a bill to promote foreign direct investment (FDI) and to boost Indian companies. No doubt, it will help the market and the big retailers to grow and consumer will get products at cheaper prices, but the problem is its impact on kirana stores and their workforce.
Maneesh Yadav | Apr 15, 2013
Comments : 1
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