Crude prices: Brace up for impending storm
India has benefitted immensely from lower crude oil prices, which fell over 50 per cent in 2014 and 2015, till recently. It helped the government in handling of inflation and fiscal and current account deficits.
In the realm of numbers
In science, engineering and management education, we have internalised the principle of taking decisions based on data. Even medical practitioners have moved away from palpating, feeling, hearing our symptoms and then ôshooting in the dark´, to taking decisions based on data, as diagnostic technologies have advanced
Land valuations hit green field power projects
The major blow to the sector was the governments inability to pass the Land Acquisition Bill. In the current scenario, it is impractical to put up a power plant as the land value is at a much higher level. In the urban area, it costs four times more and in the rural it is higher by two times.
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