About 35 per cent rural households in states like Uttar Pradesh, Madhya Pradesh, Bihar, Odisha and Assam still lacked access to power supply
Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the others as their executors. But now family patriarch Srichand Hinduja, 84, and his daughter Vinoo want the letter to be declared of "no legal effect" and the family's assets be separated as per his wish of 2016.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
Power Minster R K Singh said, "The power supply ramp down and ramp up -- they (officials) handled very smoothly, and I along with my senior officials -- power secretary, POSCO CMD -- were personally monitoring the situation from National Monitoring Centre in the ministry. I congratulate all the engineers of NLDC, RLDC and SLDCs for handling the situation very efficiently especially in huge response to the Prime Minister's call".
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
'What we are actually missing in India is a platform wherein the government engages with cybersecurity experts, gets them employed and then utilises their capability to deter such attacks.'
Dual methodology for e-auction to introduce price ceiling for power sector
'In India, most funds have one or at most two platforms, but we are the only one which has four -- growth equity practice, real estate practice, a special situation and credit platform, and infrastructure.'
Union Budget 2010-11 has been fairly good for the power sector.
Malik said that some ministers have been talking about taking back PoK from Pakistan by force.
Sitharaman said the government also proposes Pradhan Mantri Matsya Sampada Yojana to address critical infrastructure gap in fisheries sector.
The e-auction is seeing aggressive bidding.
Diesel price should be freed, open market grain purchases should be ended.
Perhaps the calculation is that economic recovery will have been achieved before the next general election comes around, but such assumptions can come unstuck if current directions are not reversed quickly, cautions T N Ninan.
According to the Central Statistics Office data, the jump in the retail inflation based on Consumer Price Index was mainly due to rise in prices of kitchen items like vegetables, meat and fish.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
Piyush Goyal is leading a delegation to deliberate with Australia.
Entire districts without electricity and untold damage is what is left behind after Cyclone Fani, known as the worst storm to hit the state, barrelled through on May 3. Take a look at how the state is now picking up the pieces after the storm and inching towards reconstruction.
Ahead of the general elections, a slew of states and also the Centre had doled out sops to the marginalised sections, including the farmers and the poor.
For willful defaulters, change in ownership accompanied by punitive action against the defaulting management is the way to go.
Duty cut on raw material imports are not likely.
NTPC and NHPC, which together own a third of India's electricity generation, have roped in state-owned power sector financing firm, Power Finance Corporation for the joint venture along with TCS. "We (referring to NTPC and NHPC together) are the largest power generators and we hope to create a market for this," said NTPC Chairman and Managing Director R S Sharma.
Narendra Modi will have to revive investment cycle if he becomes the next Primie Minister.
With average capacity utilisation now touching 76 per cent, Indian companies are going back to the drawing board to add capacity but the plans to build new factories and plants are still some months away.
Amid the increasing pressure on the Chief Minister N Kiran Kumar Reddy from the Central government either to end the crisis arising out of the indefinite strike of government employees or face the axe, crucial talks were scheduled to take place between the chief minister and the leaders of the Andhra Prasdesh Non Gazetted Officers Association on Wednesday.
The states will get over Rs l lakh crore.
The IMF expressed its opposition to any move that compromises the independence of central banks anywhere in the world.
The Delhi Electricity Regulatory Commission said the surcharge was for a period of three months from February 1 or until any further order.
The situation in Andhra Pradesh's Seemandhra region showed no signs of improvement, as the ongoing strike by 30,000 power sector employees against the bifurcation of the state entered Day 4 on Tuesday. The failure of the southern grid seems imminent.
Indian Energy Exchange will start training in operations and online trading for its members soon.
Power Minister Anant Geete said on Friday that the Electricity Bill, aimed at improving the power sector, would be considered in the forthcoming Budget session of Parliament beginning on February 17.
Economic Affairs Secretary Subhash Garg is the finance ministry's primary liaison with the RBI.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Amid multiple sectoral woes, India is projected to see an electricity supply shortfall of 6.7 per cent in the current fiscal with the Southern region expected to be the worst hit.
The Indian power sector's preference for coal-based plants (more than half of India's capacity of 132,000 Mw is based on coal) may change as stricter norms for carbon emissions emerge, a report by the Tata Strategic Management Group has said.
The gas pricing formula no weight to cost of gas production. It takes into account prices in global hubs and the price of gas being imported.
Warning that slippages in power sector may trip economic growth, Prime Minister Manmohan Singh on Monday asked both states as well as the Power Ministry to reduce theft, raise generation capacity and attract private investment to provide electricity.
Bhaichung Bhutia, India's iconic former football captain, is set to try his political luck again, this time in his native state of Sikkim, as he plans to contest the assembly elections due this year.
Time has now come for a pathbreaking 'Entrepreneurship Bill' pleads venture capitalist Soumitra Sharma.
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