C Rangarajan, Chairman of Prime Minister‘s Economic Advisory Council (PMEAC) said current account deficit (CAD) for this fiscal is likely to be USD 55 billion.
The Coal Ministry moved a Cabinet note on the issue of shifting NTPC's North Karanpura power project in Jharkhand to another location in the state as the site first proposed falls under potential coal bearing area.
The Centre on Monday assured the Maharashtra government that it would expedite sanctioning of clearances for the proposed Navi Mumbai airport. The assurance came at a meeting between aviation minister Ajit Singh and Chief Minister Prithviraj Chavan in Delhi.