Tags Posts tagged with "Economy"

Economy

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Devastating floods in Jammu and Kashmir have caused an immediate loss of Rs 5,400-5700 crores, well exceeding 10 % of the state’s GDP with heavy damages to trade, hotels, restaurants, horticulture and handicraft besides throwing completely out of gear basic infrastructure of power, railways and communication, initial estimates arrived by ASSOCHAM. The total loss estimated are Rs 2,630 crores only to the hotels, trade, agriculture-horticulture, roads and bridges in the Jammu and Kashmir regions of the state while the Ladakh region was spared of the calamity, worst in several decades. The high- cost infrastructure like the Railways, power and communication

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Outlookindia.com | By Arundhati Roy Is it a house or a home? A temple to the new India, or a warehouse for its ghosts? Ever since Antilla arrived on Altamont Road in Mumbai, exuding mystery and quiet menace, things have not been the same. “Here we are,” the friend who took me there said, “Pay your respects to our new Ruler.” Antilla: Mukesh Ambani’s 27-storey home in Mumbai Antilla belongs to India’s richest man, Mukesh Ambani. I had read about this most expensive dwelling ever built, the twenty-seven floors, three helipads, nine lifts, hanging gardens, ballrooms, weather rooms, gymnasiums, six

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Imagine for a moment that somewhere in the middle of Texas there was a large foreign military base, say Chinese or Russian. Imagine that thousands of armed foreign troops were constantly patrolling American streets in military vehicles. Imagine they were here under the auspices of “keeping us safe” or “promoting democracy” or “protecting their strategic interests.” Imagine that they operated outside of US law, and that the Constitution did not apply to them. Imagine that every now and then they made mistakes or acted on bad information and accidentally killed or terrorized innocent Americans, including women and children, most of

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