Tuesday, November 10, 2015

Markets feel Bihar shock waves | Business Standard News

Markets feel Bihar shock waves | Business Standard News


    All front pages are abuzz with the decisive mandate given to the Grand Alliance in the high-power Bihar Assembly elections. "Massive Nitish-Lalu win in Bihar", headlines the Asian Age. "Nitish-Lalu dynamo stuns BJP", reads Hindustan Times. "Nitish in Bihar, Modi Baahar", is the top headline in the Times of India, while The Statesman writes, "Intolerance key factor of BJP's defeat, say leaders".
    The Indian Express reports, With the NDA's defeat in Bihar raising fears that the Center's legislative agenda would be 'jammed' in Parliament, the govt may bank on the Executive to push through reforms and policy measures like 'Goods and Services Tax, and getting the higher income groups to give up cooking gas subsidy.
    "Green Celebrations this Diwali", writes Hindustan Times. The Delhi Environment Department has asked the Delhi Police to enforce licensing norms on selling of fire crackers to check the high-decibel Chinese crackers, and has also sought prosecution of people who violate the 10 pm deadline for bursting crackers.
    The toll tax department of South Delhi Municipal Corporation has been collecting around 1.25 crore rupees every day of Environment compensation charges ever since the 'Green Tax' was levied on trucks and other commercial vehicles entering Delhi as per a Supreme Court order informs the Tribune.
    "School education boards team up to create level playing field", writes the Times of India. Education boards across the country have come together under the HRD Ministry to suggest ways to bring in changes and practices that will be common to all of them, such as common core syllabus, question paper patterns, exam schedules, teacher training and tackling unfair means.
    And finally, The Statesman writes, "New crusade for Koh-i-Noor". A lobby group made up of Indian businessmen and actors is mounting a legal challenge against Queen Elizabeth-II, demanding the return of the world famous Koh-i-Noor diamond to India.

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