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Cai Z

Nepal clears GMR plan for $1.4 billion hydroelectric plant - 2 views

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    In order to meet the demands of electricity in Nepal as well as export electricity to power-hungry India, the Nepal government agreed allow GMR to construct the 900-megawatt Upper Karnali hydroelectric power plant in the northwest. The project set for completion in 2021, which will provide 12 per cent energy free to Nepal to ease a crippling power shortage and help its economy emerge. An agreement was signed to construct transmission lines across the border to transmit the remaining electricity to India, which can help reducing the extreme scarcity of electricity in India. I agree with the project because this can decrease the scarcity level in both Nepal and India.
Sekercioglu E

India in danger of moving towards water scarcity condition: Asian Development Bank - 0 views

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    An Asian Development Bank said that India is in danger because of the water scarcity conditions. The annual average of water is reducing per capita and it will cause a water scarcity. They are in a dangerous position. Unfortunately, there are also some other things that causes the increase of the scarcity like more demand of water to factories or some changes of amount of water of rainfalls. I think this is a really important problem, especially for this times. Last year, it didn't rain very much in my city and we had some little problems about water because we didn't have any in our dam. For several weeks, we didn't have much water and I had never thought that would be a difficult thing. It is hard to take a shower, or to brush my teeth with less water. This article was interesting because water is like the most important thing in our life because without water, we can't do anything. I also related water scarcity to my city this summer and I hope that it will rain a lot this year.
Tekten D

Government Price Control - 2 views

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    Because India has freed the prices of diesel discovered in their country from the governments control, it opens a new market of investment. By doing this, India's economy will be revamped. This means that as the price of diesel fluctuates, the economy will also change.
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    This article is about the Government's intervention on diesel prices in India.Now Government doesn't control prices.Their aim is to encourage investment and revamp its economy.
Ojabo V

With costly bananas, apples and grapes, orange becomes favourite fruit this season - 1 views

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    Bananas have increased in price in India therefore the demand for bananas have decreased while demand for other types of fruits have started to increase. The supply of bananas have decreased due to transportation prices.
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    This article addresses the demand for oranges in India. As the price of these substitutes of oranges goes up, naturally the demand of these goods go down. The result of the lowered demand of these goods is the rise in demand of the oranges.
Anthony E

The Consumption Pattern of the Rising Middle Class in India - 0 views

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    This article is about how income in India has become one of the fastest growing economies in the world and how the household income has more than doubled since 1985. This article further discusses how this rise in income has changed consumption patterns.
Srikanth L

India's Economy Looking Stronger as Exports Rise - 0 views

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    "India's merchandise exports expanded by more than 10% for the second month in a row in June, the latest sign that India's economy may be rebounding. June exports rose 10.2% from the year-earlier month, to $26.48 billion, after climbing 12.4% in May..." This shows how an injection (export) to the circular flow system of India has caused the money flowing to increasing for the better of the country. This is helping cover up the leakages that Indians spend on imported products mainly. The campaign by the new Prime Minister to increase exports and decrease imports is having significant impact on the countries economy.
Srikanth L

Air travel may get costlier as Air India mulls fare hike due to costly fuel - 0 views

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    Fuel is a non-renewable resource that is in the brink of extinction today. This has caused the price of fuels to sky-rocket. Airlines is a huge industry affected by the price hike. People all over the world now prefer flying than going by train.But the increase in fuel price has affected the price of airlines tickets. The prices of the tickets are high now, and airlines are losing their customers, reduce in the demand.
Srikanth L

Cleaning Ganga will take 18 years & massive investment: Centre to Supreme Court - The E... - 2 views

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    The holy river of Ganga that flows through new Delhi, capital of India, supports the lives of people living in about 118 towns. Over time this river has become highly polluted; some factors to blame for this would be modernization and ignorance. During the summer of 2014 a new Prime Minister was elected who has set up a project to clean this water body. The opportunity cost in saving this water body is time and financial resources. Roughly, it is said that the government plans of completing this project over 18 years while using millions of INR. The government is giving up these valuable resources to achieve something that is of high importance.
Anthony E

India raises taxes on cigarettes - 0 views

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    This article discusses how the Indian Government is clamping down on tobacco consumption by imposing higher taxes on cigarettes, chewing tobacco products, and unmanufactured tobacco. The increase in excise duty in the range of 11-72% for different types of cigarettes is the steepest in a decade. With this move, government taxes are projected to account for around 70% of the retail price of some cigarette types.
Iqtyider W

Sugar market beset by high stocks, low prices, and over-supply - but are sweeter times ... - 0 views

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    In the news they assess the fundamental factors moving sugar prices in key markets such as Brazil and Thailand; the impact of macro-economics, weather patterns, increasing global competition and subsidies in India; and how the sugar / ethanol production balance could prove to be crucial for the long term outlook of both markets.
Tekten D

Petrol price cut by Re 1 per litre - 1 views

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    This article is about decrease in price of petrol in India.
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