A relief rally can give opportunities to make profits on the positive side.
E-tailers say govt has addressed procedural issues, not fundamental ones
Former directors question why the nominee directors were left out of the petition filed by the government seeking to supersede the board.
With oil at a four-year high of $85 a barrel, exploration departments are urging company boards to drill more, wages are creeping higher, service companies say rates will have to rise and some investors say Big Oil must start growing again soon.
The investigative body has questioned former Vice Chairman and MD Hari Sankaran and joint MD and CEO Arun Saha
The 'genesis' of the crisis at non-banking finance companies (NBFCs) like infra lender IL&FS is the rapid pace of rise in their share in financial intermediation since 2014, when commercial banks began battling NPAs, notes Singaporean brokerage DBS in a report.
'Spot power price for supply on Wednesday touched 10-year high of Rs 18 per unit in spot trading on Indian Energy Exchange (IEX) on Tuesday. The average spot power price was also high at Rs 7.12 per unit at IEX on Tuesday,' a source said.
he collections during November and December 2018 would reflect the sales and purchases made during the months of October and November 2018
IL&FS group is reeling under huge outstanding debt worth Rs 91,000 crore and planning to sell assets to raise funds. Of the total debt, about Rs 57,000 is from public sector banks
Congress President Rahul Gandhi also hit out at the government over the IL&FS issue and called it a 'scam'
Import of pet coke for fuel purpose is prohibited. However, the import was allowed to only four industries so far.
Sources, however, said that the announcement may take some time as the second phase of government’s subsidy scheme, FAME India, for e-mobility has been deferred by six months
The Directorate General of Trade Remedies (DGTR) in its final findings stated that "the domestic industry is not suffering injury on account of the imports" from these four regions.
Pradhan announced that state-owned fuel marketing companies will purchase all the bio-gas from these plants at Rs 46 per kg in a bid to cut reliance on imports for meeting oil needs.
In the present globalised environment, majority of costs like raw material, shipping charges, warehousing and other related services are denominated in foreign currency or at import parity price, the chamber said in a statement.
After currency, the credit and equity markets have recently turned volatile, which has brought non-banks (non-banking finance companies and housing finance companies) into sharp focus, CRISIL said.
Of the Rs 94,442 crore collected last month, Central GST (CGST) mop-up is Rs 15,318 crore, State GST (SGST) is Rs 21,061 crore, Integrated GST is Rs 50,070 crore (including Rs 25,308 crore collected on imports) and cess is Rs 7,993 crore (including Rs 769 crore collected on imports), the ministry said.
Follow the IL&FS episode and the merger of three banks, the way to go for the finance ministry is to say the following: Sorry, we also messed up the lending business, like our predecessors. The buck stops with us
Global airport operators, faced with rising sea levels and more powerful storms as the climate changes, are starting to invest in measures including higher runways, seawalls and better drainage systems to future-proof immovable assets.
"Global crude steel production was at 151.7 MT in August 2018, a rise of 2.6 per cent compared to August 2017, it added.
Despite the rise in oil prices, the headline inflation number came down to 3.69 percent for August as against 4.17 percent for July. If the RBI increases repo rate by 25 basis points (bps), then it would be the third consecutive rate hike.
Manufacturing activity weakened in Vietnam and Indonesia last month, while Taiwan's factories grew at the slowest pace in more than two years on sluggish export orders, according to business surveys released on Monday.
The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, rose to 52.2 in September from 51.7 in August.
This blog will keep track of breaking news and important developments through the day
SoftBank Chief Executive Masayoshi Son had announced in March a plan to invest in creating the world's biggest solar power project in Saudi Arabia, a project expected to have the capacity to produce up to 200 gigawatts (GW) by 2030.