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Moneycontrol

RN Bhaskar

Consulting Editor

Moneycontrol

Budget 2020: Solar pump scheme may be good for farmers, but is susceptible to misuse

BUSINESS

Budget 2020: Solar pump scheme may be good for farmers, but is susceptible to misuse

When a farmer uses conventional electricity, he pays a subsidised tariff and so will be careful about wasting power. Since solar pumps have no billing, he will tend to leave his pump on, draining more of precious ground water.

India's water crisis caused by misallocation, mispricing than actual scarcity, says report

BUSINESS

India's water crisis caused by misallocation, mispricing than actual scarcity, says report

It was jointly brought out by the CWC and ISRO (Indian Space Research Organisation) which began using detailed space imaging techniques over a 30-year period. On the basis of this finding, they have re-assessed the water availability in the six major (actually all the 28) river basins of India. This study effectively covers the whole country except a few islands in the Lakshaweep and Andaman & Nicobar regions.

Tanker mafia earning Rs 8,000-10,000 crore annually from water biz in Mumbai

BUSINESS

Tanker mafia earning Rs 8,000-10,000 crore annually from water biz in Mumbai

In 2014, Devendra Fadnavis announced a stop to tankers. In Marathawada, tankers were almost abolished.

We were always entrepreneurial, hence innovative, says SREI Infra chairman Hemant Kanoria

BUSINESS

We were always entrepreneurial, hence innovative, says SREI Infra chairman Hemant Kanoria

In a freewheeling interview at his home-cum-office at Alipore in Kolkata, Kanoria spoke to Moneycontrol about how his company has grown over the years.

Interview - Serum Institute's Adar Poonawala plans new vaccines and an NBFC

BUSINESS

Interview - Serum Institute's Adar Poonawala plans new vaccines and an NBFC

Adar Poonawala took over from his father Cyrus, to guide the fortunes of the group. In an exclusive interview, he spoke about some of the group’s initiatives.

Explainer: What is MDR and why are merchants not happy with it?

BUSINESS

Explainer: What is MDR and why are merchants not happy with it?

On December 6, RBI lowered MDR to 0.4 percent for businesses with turnover of less than Rs 20 lakh. For businesses over Rs 20 lakh, MDR is capped at 0.9 percent.

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