The committee members asked if SBI was waiting for private sector banks to announce their rates before it takes a call on the issue.
The committee members from the ruling and Opposition parties, in separate interactions with BSE and NSE, termed the volatility as 'clueless' and wanted both the exchanges to pull up their socks.
Ministry seeks more active role by state governments to address issues.
With just a day to go for the biennial Maharashtra Legislative Council elections, Chief Minister and Congress leader Ashok Chavan is confident that the three candidates nominated by his party would win. There are 11 candidates in fray for 10 vacant seats, giving indications that the elections will be fought very hard.
The newly appointed president of Maharashtra Chamber of Housing Industry Sunil Mantri speaks on various issues in relty sector
NHAI expected to be debt-free by 2030-31 and added the authority, which raised about Rs 14 billion (Rs 1,400 crore) in 2009-10 through capital gains tax exemption bonds, planned to mobilise Rs 40 billion (Rs 4,000 crore) in the current financial year.
The Maharashtra unit of the Congress party is divided over the nomination of Commerce Minister Anand Sharma to the Rajya Sabha from the state.
Mumbai electricity consumers do not have to face powercuts for a while. The Maharashtra Cabinet subcommittee chaired by Chief Minister Ashok Chavan on Thursday intervened to resolve the ongoing dispute between Tata Power and Reliance Infrastructure over power purchase.
The Maharashtra government has decided to play the role of a heavy-handed mediator in the tussle between Tata Power and Reliance Infrastructure. The dispute is over the sale of electricity in this city at regulated rates.
A Maharashtra government-appointed committee has asked Tata Power not to adopt differential pricing but supply excess power at the regulated price to Reliance Infrastructure.
As the IPL controversy has shown, he shuns the limelight but still makes his presence felt.
Initially, the industry thought jatropha could be grown on wasteland, without irrigation. They got it wrong, as good care is required for at least three years of the total plant life of 40-45 years, in which moderate irrigation is also required.
Civil Aviation Minister Praful Patel has often played the role of a crisis manager to sort out differences between the Congress and the Nationalist Congress Party, of which he is a prominent leader. The minister is now playing a similar role on the personal front, trying to defend himself amid reports of his alleged involvement in the controversial deals surrounding the Indian Premier League.
Exporters are increasingly becoming jittery of making huge losses and apprehend large-scale cancellation of orders and delay in payments.
Sule, who is being projected as Pawar's heir apparent, has clarified that neither Pawar nor any member of the Pawar family had any investments in IPL. She preferred sugarcane-rich Kolhapur in Maharashtra to issue the clarification.
There is good news for coal mine developers who want to go in for expansion. The Ministry of Environment and Forests (MoEF), in its new notification, said the developers that had already bagged environment clearance for their existing projects might be exempted from the stipulated public hearings for obtaining clearances for their expansion projects, provided they met certain criteria specified by the ministry.
Industries looking for opportunities to move out of Maharashtra are the Shiv Sena's latest target.
The fate of industrial projects worth over Rs 60,000 crore will be decided by an expert committee of the environment ministry at a two-day meeting beginning Wednesday. The committee will take up 32 new proposals, including modernisation and expansion of steel, aluminium and cement plants belonging to the top-notch companies.
The Shiv Sena had gone on the defensive after a 'successful' visit to Mumbai by Congress general secretary Rahul Gandhi and high drama over the release of Shah Rukh Khan-starrer My Name Is Khan -- both in February. Maharashtra's main Opposition party is now back in action, alleging that Marathi-speaking people in Karnataka's Belgaum district, which shares a border with Maharashta, are being suppressed by the Bharatiya Janata Party government in that state.
Despite many hiccups in project implementation, India on Sunday crossed the earlier 10th Five-Year Plan's total addition to generation capacity of 21,180 Mw.
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