The government on Thursday revised upwards factory output growth rate in April to 2.2 per cent from 2 per cent announced on Wednesday.
Manufacturing, which constitutes about 76 per cent of industrial production, grew 2.8 per cent from a year earlier, the statistics office said.
The regulatory body has said Adani's power purchase agreements with Gujarat and Haryana would be maintained.
Regulator sets up panel to work out compensatory rates in a month; stocks of all power firms light up
Once completed, the 10 reactors of 700 MW each will give much needed fillip to the domestic nuclear industry.
The two-day old strike by coal workers across India was on Wednesday called off with the government and the unions reaching an agreement after a marathon meeting.
The main difference of opinion between RBI and FinMin is over the transfer of the RBI's 'excess' capital reserves. The Jalan panel seeks to convince finance secretary Subhash Garg to soften his dissent note language. The move is aimed at maintaining the now-cordial relations between the RBI and the finance ministry.
In an interview with Sanjay Jog, REC chairman and managing director P V Ramesh talks of the growth strategy and the company's plan to ride the transformation wave in the power sector.
Industrial output grows at meagre rate of one per cent in 2012-13 compared to 2.9 per cent in the previous fiscal.
'If there is a technical issue and the borrowers can resolve it within 30 days, you don't have to go through the bankruptcy court.' 'If the borrower is expecting a large disbursal of a facility or expecting a payment or receivables, in such cases it becomes practical to give a window for taking care of such circumstances. 'If banks had aggregated the assets and benefited with a long relationship with borrowers and now when assets get into a trouble, it is incumbent on banks to find resolution and take responsibility.'
The company plans to leverage its presence in rural areas; looking at off-grid solar products as well
The US has termed as "watershed" and "courageous" the Indian government's decision to allow FDI in multi-brand retail, saying that the new reforms will send out the "right message" to global investors.
Owing to Finance Minister Nirmala Sitharaman being new to her role, a number of crucial announcements in the Budget bore Garg's imprint, especially the decision to borrow in overseas markets, reduce the fiscal deficit as a percentage of gross domestic product, and resort to off-Budget borrowing to meet that target, says Arup Roychoudury.
Sanjeev Tyagi, a cousin of former Air Chief S P Tyagi, on Saturday rubbished charges of having received kickbacks in the Rs 3,600 crore VVIP chopper deal, saying it was an "absolute lie" even as he admitted having met one of the middlemen 17 years back on a power sector deal.
NGOs and consumer activists come together to launch an initiative to 'democratise' the power sector in Delhi to ensure reliable, efficient and environment friendly electricity supply.
S Kabilan, former chairman of the Tamil Nadu Electricity Regulatory Commission, talks about what he could do as chairman and what ails the power sector in Tamil Nadu.
Asian Development Bank has asked Dhaka to send a formal request by Sunday.
Open access for consumers of electricity and a more effective market exchange for power are necessary.
Minister of state for power Piyush Goyal will gift wooden-framed 'appreciation letters' to one million govt employees.
After showing a consistent rise in the previous 4 quarters, gross NPAs of 40 listed bank declined to Rs 10.03 trillion at the end of June 2018, from Rs 10.25 trillion in the previous quarter.
The Central Vigilance Commission has come out with a stunning report on the "public-private partnership" model of the nexus between corporates, politicians and bureaucrats to perpetrate large-scale corruption.
HDFC, L&T, Hind Unilever, ICICI Bank among top Sensex losers
Lot will depend on the discom's ability to source cheap power and pass on the same to consumer
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 modus operandi highlighted by CBI says that while the corporate strikes a deal for imports with a company in one country, the billing is done at inflated prices in other country by the group's front company.
The Delhi unit of the Bharatiya Janata Party on Friday termed the Aam Aadmi Party government's move to register an FIR in the street light purchase scam during the 2010 Commonwealth Games as an "eyewash", saying that no Congress leader has been named in the complaint filed by the Anti-Corruption Bureau.
Markets have suddenly extended losses and is at the day's low. The Sensex has slipped 175 points at 17,346. Nifty is down 50 points at 5,267.
Onion prices, however, continued to rule high with 79.78 per cent increase in September.
India is expected to see renewable energy capacity addition of 30,000 MW, with significant contribution from wind power, over the next five years.
IIP growth rises to 9-month high of 4.3 pc in August
South Korean President Lee Myung-bak, during a bilateral meeting with Singh on Sunday, had requested that his country be allocated a site in India to build nuclear reactors.
The United States has said it is strongly supportive of India's investment in the civil nuclear power sector and does not favour its NGOs opposing anti-nuclear activities in the country. "We are supportive, as a government, of India's investment in civil nuclear power. That's not what we support NGOs to do in India," State Department spokesperson Victoria Nuland said when asked about recent statements by Indian authorities that American NGOs are involved.
In an 85-page note to the Group of Ministers set up to look into the bifurcation of Andhra Pradesh, Chief Minister Kiran Reddy on Monday raised 36 crucial points why a separate state of Telangana is not desirable.
Lack of infrastructure and inefficient transmission systems are the biggest problems.
Pulok Chatterjee to head panel; deadline set for specific targets.
Of the 40 CEOs polled from across the country, 60 per cent identified a fractured electoral mandate as a bigger risk than trade wars, volatile oil prices, and inflation.
Union Budget 2012-13 has been a great disappointment for the Power Plant Equipment makers who were drumming up for imposition of import duty of 14%-19% on mega/UMPP projects, which currently allows concession duty imports.
The power sector lender is mulling the coupon it would be offered in a falling interest rate scenario.
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