Operating and net earnings jumped as the company benefited from higher prices and realisations
The education sector is estimated to reach around Rs 7.8 lakh crore in 2016-17 and has tremendous potential to grow due to a huge demand-supply gap, according to a report.
The rise in inflation can be attributed mainly to price rise in vegetables and protein-rich items. "There is in-elasticity of demand in terms of price as far as food is concerned," Economic Affairs Secretary Arvind Mayaram said adding there was an urgent need to amend the Agricultural Produce Market Committee (APMC) Act.
State-run mining giant Coal India today blamed early rains and inclement weather in the eastern region for playing spoilsport in achieving its 98.7 million tonnes (MT) target for the first quarter.
Vishal Lohia, ED of the company, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, gave his perspective of the fourth quarter performance and divulged future plans.