Category «Features»

Oceanic crust breakthrough: solving a magma mystery at Carnegie

Washington, D.C. — Oceanic crust covers two-thirds of the Earth’s solid surface, but scientists still don’t entirely understand the process by which it is made. Analysis of more than 600 samples of oceanic crust by a team including Carnegie’s Frances Jenner reveals a systemic pattern that alters long-held beliefs about how this process works, explaining …

Govt plans 2% raise in excise duty, service tax

The finance ministry is considering a proposal to raise excise duty and service tax by two per cent to 14 per cent each in the Union Budget for 2013-14. The move is likely to help the ministry collect about Rs 30,000 crore. Certain exemptions may also be rolled back. “It is being debated whether both …

Exploiting the 1Tillion$ opportunity in infeastruture is one of the focus areas of our company _ Dr. A Bandopadhyay, CDE Asia

A graduate in Chemical engineering from Jadavpur University, Kolkata, Dr. Bandyopadhyay has over 39 years experience in the mineral industry, during which time he has also obtained his M.Tech & Ph.D in Mineral Engineering from Indian School of Mining, Dhanbad. Beginning with Hindusthan Copper Ltd. (HCL) in 1973 as a graduate trainee, he rose through …

The threats posed to the steel industry by Land Acquisition, Mine Allocation & Environment Clarence – Chawm Ganguly

The biggest threat posed to the Indian Steel Industry, at least in terms of green-field growth are Land acquisition, mine allocation and environment clearance. While some brown-field additions to capacity have taken place in SAIL and Jindal plants, the overall growth scenario has almost come to a standstill. As a matter of fact production of …

LIC the Government’s milch cow – Dheer Kothari

For a cash-strapped government struggling to keep the ballooning fiscal deficit within prudent limits, the easy way out when nothing else is working in its favour is to flog the thoroughbreds in the PSU stable. The Life Insurance Corporation of India is a dependable milch cow. To enable the LIC to participate in the disinvestment …

Back to the Village Post Office – S. Lakshman

The village post office plays an extremely important role in the economy. It is the lowest rung magnet that pools together the scattered savings at the bottom of the pyramid. Savings, that are then channelized into gainful deployment in the process of wealth creation. And it is here that a dangerous trend is being witnessed …

Molten Metal: There is a tremendous opportunity of growth by enhancing steel intensive investment – Sushim Banerjee, DG, INSDAG

As the Director General of the Institute of Steel Development and Growth (INSDAG), he is in charge of charting the path that will help India consume more steel and truly become the developed economy that she so desires by the yardsticks of production and consumption of steel. Meet Sushim Banerjee, the visionary who is quietly …

In Defense of Mamata Banerjee: Destination Resurgent Bengal

Take a state. Subject it to misrule for more than three long decades, systematically purging it of all industrial activities with a committed agenda of destroying its institutions by infiltrating the ranks with loyalists and forcing out the deserving. Add to this fiscal profligacy leading to a state where the exchequer is empty with the …