Central Railway, which started purchasing 300 MW power from Dabhol project from Thursday, will now be able to save Rs 700 crore annually towards power purchase.
Domestic ratings firm Icra expects India's economy to expand with a mild uptick to 7.4% in current fiscal.
Concerned over slowing global demand and declining exports, Finance Minister Arun Jaitley today underlined the need for creating an ecosystem to boost shipments to the markets overseas.
Position & expectations from the Paris packageThe country has dictated the terms of the Paris agreement over the years of negotiation since 2007. It has so far got much of what it wants.
The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75% next week to stifle inflation, while data is seen showing economic growth accelerated to 7.3% in the September quarter, a Reuters poll of economists showed.
The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 % next week to stifle inflation, while data is seen showing economic growth accelerated to 7.3 % in the September quarter, a Reuters poll of economists showed.
The government looks to private sector to provide the major push towards employment in urban areas and will help accordingly, union minister for heavy industries and public enterprise Anant Geete said on Friday.
Global warming will progress faster than previously believed because greenhouse gas emissions that arise naturally are also affected by increased temperatures, researchers, including one of Indian-origin, have warned.
More than 9,200 new business jets are expected to be delivered in the next ten years at a cost of USD 270 billion, an annual global business aviation outlook report has said.
India needs more than Rs 9 lakh crore ($ 140 billion) in energy investments per year by 2040 as it is set to contribute more than any other country to the rise in global energy demand, the International Energy Agency (IEA) said.
Enforcement Directorate has issued summons to Himachal Pradesh Chief Minister Virbhadra Singh in connection with its probe against him and his associates for alleged money laundering.
A total of 2,311.88 Mw of grid-connected power generation capacity from renewable energy sources like solar and wind has been added, so far, this fiscal in the country.
India is expected to see an overall projected salary increase of 10.8 per cent, says the Towers Watson 2015-16 Asia-Pacific Salary Budget Planning Report.
The Reserve Bank of India (RBI)’s banking ombudsman has recorded a 11.2 per cent uptick in complaints by banking customers in 2014-15. The regulator said it received 85,131 complaints in the last financial year compared with 76,573 a year ago.
In a landmark development, cash-strapped Indian Railways on Thursday started buying power from the ailing Dabhol power plant in Maharashtra run by Ratnagiri Gas and Power Project (RGPPL), using its status of distribution licensee.
The Reserve Bank of India (RBI) has allowed foreign banks to deploy up to four expatriates for each branch opened in India and up to six expatriates for their head office functions.
Railway projects worth Rs 10,594 crore were awarded in the April-October period, first seven months of this financial year, more than double the value of those awarded in the same period last year, at Rs 4,279 crore.
Successfully passing the Goods and Services Tax (GST) bill should be the first priority of the lawmakers across parties, the new president of industry body Assocham, Sunil Kanoria said on Thursday.