The base price would be made public only after the close of market hours on Thursday.
Ajit Balakrishnan on the surprising drivers of mathematical innovation.
The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.
The growth of eight core sectors slowed down to 2.6 per cent in August mainly due to contraction in steel output.
Former Union minister Virbhadra Singh on Tuesday said he was ready to face a probe into allegations that he received payments from a private steel firm provided the role of others, including Madhya Pradesh Chief Minister Shivraj Singh Chouhan is also investigated.
Growth in output of coal, cement and electricity slowed to 0.3%.
A year after Jairam Ramesh's final environmental clearance, Korean giant waits for state govt to hand over land.
They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.
Govt to issue ownership rights of 15 coal mines on Mar 23.
In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates too.
A slew of draft documents -- for Request for Qualification (RFQ), Concession Agreement Guiding Principles, Project Information Memorandum (PIM) along with a presentation on the salient features of the project -- for discussion on private participation in passenger trains have been uploaded by Niti Ayog on its website which outline the railways' plans of running 150 trains on 100 routes by private operators, envisaging an investment of Rs 22,500 crore.
A squad of about 300 special Central Industrial Security Force commandos has taken over the security of a large Tata Steel manufacturing facility in coastal Odisha, making it the 7th private sector concern in the country to get armed cover by the paramilitary force to ward off terror threats.
I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.
The prime minister is likely to talk about its possible extension.
The inflation rate inched closer to 7%. the government has started pulling out all stops to boost domestic supply situation by withdrawing incentives on export of at least 40 items, including steel, cement and non-basmati rice. The Commerce Ministry withdrew or temporarily suspended the tax refund scheme - Duty Entitlement Pass Book. Besides measures to discourage exports, the government is considering more fiscal steps to improve supplies and rein in inflation, he indicated.
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
A Ganesh Nadar/Rediff.com brings you some fascinating facts and photographs from India's first international rail exhibition.
Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end.
The Enforcement Directorate to take a "conclusive action" towards attachment of assets of those involved in coal scam.
5 commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of GST's purview given the revenue dependence of state governments on these sectors.
A virologist answers questions on the deadly virus presently haunting the world.
RP Singh, managing director of Bharat Oman Refineries Ltd, the special purpose vehicle implementing BPCL Bina refinery, had told Business Standard in August that the company was in talks with strategic investors to sell 15 to 20 per cent stake.
India's export basket for Pakistan has a limited portfolio as Pakistan has not given 'most favoured nation' status to New Delhi and such goods have ready market in South Asia and the Middle East.
The use of such robots can not only save lives but can also help road construction companies cut down on labour costs.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
The 606 positive cases includes 43 foreign nationals, the ministry said. On Tuesday, the number of cases was 519.
What is urgently needed are transparent and highly credible mechanisms for mapping actual impacts on the ground -- and sifting the truth from claims made by different sides of the dispute, says Rajni Bakshi.
It is expected to take a similar stand at the Mumbai and Delhi high courts, where Welspun Maxsteel, Ispat Industries and Essar Steel have challenged the petroleum ministry's decision to divert KG-D6s supply from steel and petrochemicals to power and fertiliser.
Imports too contracted by 28.72 per cent to $31.16 billion. Dip in exports and imports narrowed the trade deficit -- the difference between imports and exports -- in March to $9.76 billion, the lowest in the last 13 months.
The charges for security component of passenger service fees will not increase much and a passenger may have to bear an extra of Rs 50
The Supreme Court on Friday suspended with immediate effect mining of iron ore in 10,868 hectares in Bellary district of Karnataka.
Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.
After the revival of its ailing subsidiary IISCO, Steel Authority of India Ltd has sought the Centre's approval to merge it with itself.
Of these 36 coal blocks, one mine will be given to the steel sector while the rest will be given to the power sector.
The Reserve Bank of India is expected to hold interest rate at 8 per cent in its fifth bi-monthly monetary policy review on Tuesday.
A British merchant ship, which set sail from Calcutta (Kolkata) in December 1940 but was sunk by a German U-boat before she could reach home with her cargo of 70 lakh ounces of silver (1 ounce = 28.3495231 gm) among other things, has been discovered.
Indian and Canada are looking at exploring more opportunities in the mining sector.
The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.
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