Waiving off coal Tax- good or disastrous?

Narendra Modi and his government have put forward a proposal to cancel the usual tax on coal of Rs.400 per tonne. They have come up with this idea to improve the financial situation of the utilities and power companies so they can afford to buy equipment that reduces pollution. However, this move can completely backfire. … Continue reading Waiving off coal Tax- good or disastrous?

Car Manufacturers take Production holidays

Hyundai is one of India's largest carmakers. They recently had two new launches( Venue and grand i10 Nios) and received an impressive response. Despite this they declared "production holidays" at their plants in Chennai. Production holidays mean that a company, factory or a plant has shut down or has stopped producing goods temporarily. Hyundai India … Continue reading Car Manufacturers take Production holidays