Business Corner

Sunday, 22 Apr 2018 | Pioneer

THDC India inks MoU with Ministry of Power Rishikesh: THDC India Limited (THDCIL) signed a Memorandum of Understanding (MoU) defining the Performance Guarantee Parameters for the financial year 2018-19 with Ministry of Power (MOP) at New Delhi. On behalf of Ministry of Power, A.K. Bhalla, Secretary (Power), Govt. of India and on...

‘Currency supplies better but cash crunch persists’

Saturday, 21 Apr 2018 | PTI | New Delhi

Currency supply to ATMs and branches has improved but cash crunch still persists in the system which would be normalised soon, bank officials said on Friday. The officials said that banks are keeping a close vigil on money supply to ATMs on daily basis to ensure that customers do not face...

India investigates dumping of chemical by five countries

Saturday, 21 Apr 2018 | PTI | New Delhi

India has started investigations into alleged dumping of a chemical, used mainly in the paint industry, from China, European Union, Korea, Taiwan and Thailand following a complaint from a domestic industry. Atul Ltd has filed an application before the commerce ministry's Directorate General of Antidumping and Allied Duties (DGAD) for imposition...

India's reforms bearing fruits, make case for more steps: IMF

Saturday, 21 Apr 2018 | PTI | Washington

The reforms carried out by India has been bearing fruits and benefiting people, but more needs to be done for sustained growth, a top IMF official has said. The implementation of the Goods and Services Tax (GST), despite a bumpy road, is going to help secure the solidity of foundation of...

CIL to auction 45 MT coal in FY19

Saturday, 21 Apr 2018 | PTI | New Delhi

State-owned CIL said on Friday that it would put on offer a little over 45 million tonnes of coal under the special forward auction in the current fiscal. "In yet another step in reaching out to its consumers, Coal India Limited (CIL) has announced a Special Forward e-auction calendar for 2018-19...

Business Corner

Saturday, 21 Apr 2018 | Pioneer

Indian Rlys celebrates world heritage day World Heritage Day is celebrated globally on April 18 every year to create awareness about past cultures, artifacts and monuments among communities. This year the theme was ‘Heritage for Generations’, emphasizing on inter-generational transfer of knowledge. Indian Railways are the proud owner of four UNESCO...

Petrol prices rise to nearly 5-yr high

Saturday, 21 Apr 2018 | PNS | New Delhi

Common man has reasons to worry as petrol and diesel prices are skyrocketing day-by day-in almost all parts of the country. In Delhi petrol prices touched a fresh high of Rs 74.08 per litre on Friday — the highest in nearly five years. In September 2013 the price had touched...

PNB claims expected recovery of Rs 1,800 cr from ‘Mission Gandhigiri’

Saturday, 21 Apr 2018 | IANS | New Delhi

State-run lender Punjab National Bank is expected to recover around Rs 1,800 crore from its non-performing assets (NPAs) recovery mechanism — “Mission Gandhigiri” — which will soon complete one year of operation. A senior bank official told IANS the mission, was launched in May 2017, had consistently delivered positive results with...

Saudis see oil price on rise as Trump blasts OPEC

Saturday, 21 Apr 2018 | Agencies | Jeddah

Saudi Energy Minister Khaled al-Faleh said on Friday the global market has the capacity to absorb higher oil prices, drawing a swift reaction from US President Donald Trump who accused OPEC of inflating prices. Faleh’s statement at a meeting of oil producers in Saudi Arabia came as crude hit the...

TCS m-cap nears $100 bn; investors richer by Rs 41,301 cr

Saturday, 21 Apr 2018 | PTI | New Delhi

TCS moved closer to the USD 100 billion mark in market capitalisation as its share price surged nearly 7 per cent on Friday, adding about $6.2 billion to its valuation. The IT major is set to be the first listed Indian company to achieve this milestone. Led by the smart rally in...


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Quake measuring 3.7 on Richter scale felt in south Gujarat

22 Apr 2018 | PTI | Ahmedabad

A mild tremor measuring 3.7 on the Richter scale was felt in parts of south Gujarat, including Bharuch and Surat districts, though no damage was reported, officials said...

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Shelter homes for passengers soon at Khadgada terminal

26 Apr 2018 | ADREESH BHATTACHARYA | Ranchi

The Birsa Munda Bus Terminal at Khadgada from which numerous long route buses, including daily services to Delhi, Bhubaneshwar and Kolkata, operate will soon get shelter homes for the ease of passengers boarding and getting off in the wee hours. The Ranchi Municipal Corporation (RMC) has elaborate plans to make the inter-state bus terminal even more passengers centric so that this state of the art bus terminal can operate on...

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