Anil Sasi is a Senior Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.
In last two years, land acquisition costs, measured in terms of compensation paid for every hectare of land acquired, shot up from Rs 0.9 crore in FY14 to Rs 2.05 crore in FY16 for highway development
In light of the fact that developers who were granted connectivity in existing sub-stations earlier did not go on to win any capacity in recent auctions, the renewable energy ministry in a missive to the CERC has made a pitch that winning players be accorded priority for getting grid connectivity.
The State Bank of India leads with sanctions of Rs 3,965 crore, followed by Bank of India and Bank of Baroda, with amounts sanctioned of over Rs 1,200 crore each, according to government data updated till December 2015.
Widening of national highways, laying of GAIL pipeline and commissioning of transmission lines for Kudankulam units are the 3 major delayed projects in the state that have now got a fillip.
Kerala Chief Minister Pinarayi Vijayan speaks to The Indian Express on the CPM's ideological war with the RSS, politics over beef and the LDF government's initiatives in the state.
Power distribution utilities in Tamil Nadu, Madhya Pradesh, Maharashtra and Rajasthan are reported to be delaying payments to generators of wind and solar power by 6-12 months, which is putting the cash flow of most of the smaller renewable firms under severe stress
Leads to a sharp drop in wheeling capacity between western, northern regions. Uttar Pradesh among the worst affected, faces load cut of around 2K MW
Even though Centre’s fiscal deficit has come down to 3.5 per cent (projected to go down to 3.2 per cent this fiscal), the combined fiscal deficit could continue to edge towards 7 per cent or even higher due to bloating state deficits.
There are two things that Tesla has done differently in the run-up to the launch of the $ 35,000 Model 3, the first “mass market” product from the electric car company, which signals the entry of the luxury vehicle maker into the mainstream car market.
The electric mobility push is in line with the global trend. Norway, which has the highest penetration of electric cars in the world, has set a target of permitting sales of only electric or plug-in hybrid cars by 2025.
Officials said that in one of the investigations by the SFIO, a list of 54 professionals has been identified who allegedly helped 559 beneficiaries in laundering the illicit cash.
Despite a relatively robust position in its nuclear business, Russia’s state atomic energy corporation Rosatom is pushing the envelope by revving up renewable projects in sectors such as wind energy and small hydro.
The discussions are being done through Ganz Engineering and Energetics Machinery, a 100 per cent Hungarian subsidiary of the Rosatom’s engineering division Atomenergomash.
5,000 trillion kWh per year energy incident over India's land area makes solar a very lucrative option. However, factors like absence of manufacturing facility for silicon wafers, viability of projects due to progressively lower tariffs and looming grid management issues could create roadblocks
Russia’s nuclear energy corporation, Rosatom, is in advanced stages of implementing a plan to develop advanced metal additive manufacturing technology by producing 3D printed parts for the country’s nuclear industry.
Rosatom currently has eight reactor units in Russia and 36 nuclear reactors in various stages of planning and construction in more than a dozen countries (the largest internationally) and eight in Russia.
Over 60% of total notified area of 44,177.69 hectares lies vacant; 224 SEZs designated as ‘non-operational’ while another 109 have been approved for cancellation
Under the supervision of a benchmarking consultant, out of 116 initiatives identified for implementation across 12 major ports, 70 have already been implemented
The Board of Governors of the KVS, headed by Irani, had in a meeting on October 27, 2014, decided to discontinue the teaching of German language as an option to Sanskrit.
These will add 7,000 MWe, more than capacity of all existing reactors.
UP, Maharashtra, Punjab, Tamil Nadu account for 36% of total agri-lending in FY17 till December
The proposed Nuclear Safety Regulatory Authority Bill is seen as a crucial step in strengthening the functional independence of the country’s atomic regulator and give it the necessary statutory backing.
Toyota has recalled the Altis in India over faulty airbags made by Japan’s Takata. Worldwide, 19 carmakers have ordered ‘largest, most complex safety recall in history’ over airbags.
He, however, said that fitment of goods and services in the tax slabs under GST will hold the key to partly compensate for imperfections in the Bills.
In an interview to The Indian Express, the former finance minister said that a rush to roll out the new tax regime from July 1 could be detrimental.
The department is employing what it calls a “360 degree profiling” of taxpayers
States with the largest non-vegetarian populations are mostly ruled by non-BJP parties; those with the largest numbers of vegetarians, mostly by the BJP.
The amendments moved to the Finance Bill, 2017, last week not only involved changes to applicable tax proposals but also structural changes to tribunals, appellate tribunals, boards and authorities under 17 separate Acts.
Airlines are now asking security agencies and the government to enforce such a no fly list where unruly passengers are barred from flying.
Startup India Action Plan, which consists of 19 items spanning across areas such as handholding, funding support, incentives and an industry-academia partnership, comes as a much-needed fillip to new ventures
Post Toshiba Corporation’s decision to pull out of building nuclear power plants, its US reactor vendor Westinghouse Electric’s India plan had run into uncertainty. However, in recent discussions with NPCIL, Westinghouse is said to have “expressed willingness” to continue with the proposed project in India
As per energy blueprint, two solar photovoltaic power plants in Port Blair will have battery storage of 25 MW
Going by the Census 2011 data, the NDA states’ population tally (740.1 million) is now nearly seven times that of the states ruled by the Congress and its allies (107.2 million).
In a conversation with the Indian Express, Panagariya has suggested that the GDP estimate for the third quarter of 2016-17 was not surprising considering that inflation rates post demonetisation period have held up.
In view of financial woes of power project developers due to worsening of macroeconomic environment, govt has asked PFC and REC to explore possibility for creation of Stressed Assets Equity Fund & Stressed Assets Lending Fund.
Idea of pushing private asset restructuring companies is gaining traction even as concerted efforts by the RBI and the Centre to resolve the bad loans issue in the past have shown no tangible signs of improvement