Holy men do not need bullet-proof enclosures or SUVs. Nor do they need swimming pools for personal luxury or tonnes of rations that could sustain hundreds of people for months. Or gym equipment, flat-screen TVs, split air-conditioners, massage therapy beds and big personal lockers.
Grappling with "scant resources" to probe Saradha chit fund scam, CBI on Friday said it has sought from West Bengal government to fulfill only the "minimal" requirements which include six (eight-seater) vehicles and a place for setting up an office among others.
High-end vehicles, posh villas and flats, expensive plots, shares in beach-side hotels and vast tracts of agricultural land are some of the purchases made by the accused of the multi-crore payment scam in National Spot Exchange Limited (NSEL) through money laundering.
Unlike in the past, this time around SUVs and utility vehicles seem to be losing lustre, putting paid to hopes of those in the auto industry who were banking on improved sales of these vehicles during the election time.
Prices of small cars, Motorcycles and SUVs are likely to come down by 3 to 4 percent immediately as automakers are expected to fully pass on to the buyers the excise duty reduction announced in Monday's interim Budget.
Prices of automobiles, including cars, sports utility vehicles and two-wheelers, are set to come down with Finance Minister P Chidambaram Monday announcing a reduction in excise duty in the interim Budget.
Homegrown auto major Mahindra & Mahindra (M&M) Thursday said the government's decision to impose higher excise duty on SUVs is creating an uneven playing field between companies and is totally changing the competitive scenario.
Earth`s lost frontier is about to be explored firsthand after more than half a century. It`s a mission to the deepest part of the ocean, so deep that the pressure is the equivalent of three SUVs sitting on your toe.
Use of SUVs in countries like India is "criminal", Environment Minister Jairam Ramesh said on Friday and pitched the need for evolving an effective fuel policy regime to discourage the use of such vehicles that emit more carbons.