CBI books Adani group of companies and others in corruption caseCBI’s FIR says that a “reliable source information” was received that officers of MCL entered into criminal conspiracy during the year 2013...
India wants data localisation in RCEP for security interestsInterestingly, although the FSA was negotiated by the RBI, the contact point for the FSA is the commerce ministry and not the central bank.
Coal India to supply domestic fuel to non-power consumersHowever, the fuel will be provided to non-power consumers such as cement firms, fertiliser and steel producers without affecting the supply...
Manohar Lal Khattar for reduction in FSA to lower power billsIt is likely to provide a big relief to consumers who will be enjoying reduction in the power bills after a long period of time, the releas...
Will sign FSA with CIL for 9000-MW capacity: Arup Roy Choudhury, NTPC"We paid them as per the coal calorific value received. We passed on that benefit to the consumer and that is how the dispute arose."
Coal Ministry takes up issue of power cos' Rs 9,000 cr dues to CILAgainst the backdrop of power utilities owing a huge amount of about Rs 9k-cr to CIL, the Coal Ministry has asked the Power Ministry to ens...
- Fuel surcharge adds to woes of power consumers in AP
Power consumers in AP will now have to cough up an additional Rs 609 cr in the form of Fuel Surcharge Adjustment for the third quarter of 2...
Budget 2013: Will UPA government succeed in balancing economy & politics?The govt readies to push through a clutch of vital bills in Budget session after a prolonged phase of inertia. Will the allies and the oppo...
High Court gives The Children's Investment Fund time to respond to Centre's reply on CIL issueIt has also alleged that the directors failed to take an appropriate stand against the draft mining bill and alleged failure to stop theft ...
Industry bodies favour criminalising private sector briberyThe country's industry bodies have supported a proposed law to criminalise private sector bribery saying such an attempt would help in chec...
- Coal India Ltd fails to get price-pooling board approval
A seven-hour meeting of the Coal India Board today failed to approve the price-pooling mechanism following differences among directors.
Budget 2012: Meeting the deficit calls for political governanceIf revenues fail, subsidy targets are not handled politically and private investment does not recover, it is unlikely the Budget deficit of...
- National Food Security Act set for pre-poll rollout
The National Food Security Act shall be rolled out starting next financial year spread in phases running up to the parliamentary elections,...
- Regulators should come out of their silos, talk to each other
The parliamentary standing committee on finance has recommended immediate constitution of the proposed financial stability and development ...
- Super govt? Sonia Gandhi to lead advisory body
The Congress president who quit it because of the Office-of Profit controversy has finally agreed to head the NAC again, setting the state ...
- UK moves to curb short-selling abuse
UK Prime Minister Gordon Brown’s government proposed new powers to suspend “abusive” shortselling deemed to be endangering the financial sy...
- UK moves to curb short-selling abuse
UK Prime Minister Gordon Brown’s government proposed new powers to suspend “abusive” short-selling deemed to be endangering the financial s...