KATHMANDU: Nepal and India have agreed to expedite work on power trade but were unable to reach a decision on the 5,600-MW Pancheshwar multipurpose dam project, proposed 15 years ago for sharing power and water on 50-50 basis.
Showing posts with label project. Show all posts
Showing posts with label project. Show all posts
Saturday, 14 September 2013
Thursday, 12 September 2013
Odisha top investment destination in India
NEW DELHI: Odisha emerged as the hottest investment destination for new projects as investor interest in "prosperous" states such as Maharashtra, Gujarat, Karnataka and Tamil Nadu declined during 2012-13, latest data released by theReserve Bank of India showed.
Through a dozen projects funded by bank loans, Odisha managed to get investors to commit to around Rs 53,000 crore investment, a 27% share of all-India investments. In contrast, Maharashtra is expected to get investment of around Rs 21,400 crore in 70 projects, or 10.9% of the pie. Punjab was the other surprise, moving to the third spot with a dozen projects expected to generate investments of over Rs 20,600 crore.
The numbers aren't good news for the BJP and Gujarat chief minister Narendra Modi, who are using high economic growth and investment in the western state as a key theme ahead of the 2014 general elections. Similarly, Karnataka, where the principal opposition was in power until recently, has lost sheen amid corruption-related charges. But Andhra Pradesh (Rs 11,000 crore) retained the fourth slot despite the state being hit by Telangana-related protests for the past several months, while Gujarat (Rs 10,600 crore) ranked fifth.
Through a dozen projects funded by bank loans, Odisha managed to get investors to commit to around Rs 53,000 crore investment, a 27% share of all-India investments. In contrast, Maharashtra is expected to get investment of around Rs 21,400 crore in 70 projects, or 10.9% of the pie. Punjab was the other surprise, moving to the third spot with a dozen projects expected to generate investments of over Rs 20,600 crore.
The numbers aren't good news for the BJP and Gujarat chief minister Narendra Modi, who are using high economic growth and investment in the western state as a key theme ahead of the 2014 general elections. Similarly, Karnataka, where the principal opposition was in power until recently, has lost sheen amid corruption-related charges. But Andhra Pradesh (Rs 11,000 crore) retained the fourth slot despite the state being hit by Telangana-related protests for the past several months, while Gujarat (Rs 10,600 crore) ranked fifth.
Monday, 9 September 2013
Bill Gates slams Google's 'internet balloon' project
WELLINGTON: Microsoft chairman Bill Gateshas reportedly slammed Google's broadband through helium balloon project and said that it won't solve more pressing problems of the poor.
Google's Project Loon envisages a ring of balloons circling the globe at about 20 km and transmitting broadband to the 4.7 billion people who don't have it.
However, Gates said that when people are dying of malaria, the helium balloon won't be of much help, Stuff.co.nz reports.
He further said that expanding internet to poor countries won't solve other important and pressing issues adding that Google started out with broad humanitarian aims but then it 'shut it all down'.
The report added him saying that Google is now simply doing its core thing but doing just that will not help uplift the poor.
Google's Project Loon envisages a ring of balloons circling the globe at about 20 km and transmitting broadband to the 4.7 billion people who don't have it.
However, Gates said that when people are dying of malaria, the helium balloon won't be of much help, Stuff.co.nz reports.
He further said that expanding internet to poor countries won't solve other important and pressing issues adding that Google started out with broad humanitarian aims but then it 'shut it all down'.
The report added him saying that Google is now simply doing its core thing but doing just that will not help uplift the poor.
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