Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Briefly Business: Aviation turbine fuel price hiked by marginal 0.8%

Dec 02 2013, 04:25 IST
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SummaryAviation turbine fuel (ATF) prices were on Sunday hiked by a marginal 0.8 per cent in step with rise in import cost due to rupee depreciation.

Aviation turbine fuel price hiked by marginal 0.8%

NEW DELHI: Aviation turbine fuel (ATF) prices were on Sunday hiked by a marginal 0.8 per cent in step with rise in import cost due to rupee depreciation. ATF, price at Delhi was hiked by Rs 597.48 per kilolitre to Rs 74,204.74 per kilolitre, according to Indian Oil Corporation, the nation’s largest fuel retailer.

BHEL commissions first super critical unit

new delhi: State-owned Bharat Heavy Electricals Ltd has commissioned its first 660-MW super critical thermal unit at a NTPC power plant in Bihar. The power equipment major on Sunday said its Boiler Turbine Generator unit, having super critical parameters, attained full load.

PM to inaugurate gas conference on Tuesday

NEW DELHI: Prime Minister Manmohan Singh will on Tuesday inaugurate premier natural gas event, the 8th Asia Gas Partnership Summit (AGPS) here. The event is being organised by gas utility GAIL (India) Ltd and industry chamber Ficci.

LIC to stop selling 34 life insurance policies

NEW DELHI: Insurance giant Life Insurance Corporation (LIC) has decided to stop selling as many as 34 policies, including Jeevan Anand, Jeevan Madhur and Jeevan Saral, to comply with new regulatory guidelines. These policies are withdrawn in December as they are not in conformity with the provisions of new regulations on non-linked insurance products, linked insurance products and health insurance products.

Tanksale elected new IBA chief executive

Mumbai: Apex banking body Indian Banks’ Association (IBA) has appointed Mohan V Tanksale as its chief executive. Tanksale, who retired from Central Bank of India earlier this year, took over as the IBA chief executive from Sunday, the association said in a statement.

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