Nitin Gadkari INTERVIEW | As highway projects get more viable, will be good for banks to finance HAM

Even though the pace of highway construction almost trebled to 35 km/day in the last five years, pure-play public-private partnerships (PPPs) are showing no signs of picking up.

Nitin Gadkari , union minister nitin gadkari News

By leaps and bounds: India’s exports to touch all-time high of $330 billion in FY19

Notwithstanding global challenges like protectionist measures by some countries, India is projected to achieve exports of $330 billion, a record, in 2018-19, with a major contribution coming from the

export, import, modi government, centre News

Shell companies: Govt formulates new rules to weed out firms

Companies which have been struck off or are under the process of being stricken off or are under liquidation or dissolved, do not have to file the new form.

shell companies, tax evation, ministry of corporate affairs News

Vodafone Idea plea rejected: TDSAT refuses cheaper rates for backhaul spectrum

The DoT changed the guidelines for allotment of backhaul spectrum in 2015 and asked operators in 2017 to submit an undertaking in accordance with the revised guidelines for allocation of backhaul spec

dot, vodafone ides, spectrum, department of telecommunications News

Government issues guidelines to businesses on responsible conduct

Besides updation of NVGs and formulation of the NGRBCs, the MCA has constituted a committee on business responsibility reporting (BRR) to develop BRR formats for listed and unlisted companies.

ministry of corporate affairs, modi government News

World’s largest sovereign wealth fund turns to India shipbreaking to monitor ecological damage

The fund owns shares in 9,158 companies, 1.4% of the world's listed equity, so decisions to drop or reinstate companies from its investments carry considerable weight among investors.

sovereign wealth fund, india, norway News

Lok Sabha polls and rising mercury to hit finances of Kerala Electricity Board

The board's predicament is that it can sell power that it purchases at Rs 9 per unit, only at an average tariff rate of Rs 2.5 per unit.

kerala, lok sabha polls, lok sabha polls 2019, kerala state electricity board News

New electricity transmission lines require Rs 2.7 lakh crore by FY22

About Rs 2.7 lakh crore would be required till FY22 to build the additional electricity transmission system in the country, the National Electricity Plan (NEP) on transmission published by the Central

power sector, power industry, power transmission News

E-commerce firms ask govt to allow sharing customer data with group companies

The draft says sharing of data with third party entities, even with customer consent, is barred under the policy

ecommerce, ecommerce sector, ecommerce industry, ecommerce firms News

CERC allows power plants to claim higher compensation for loss in fuel quality of coal

The Central Electricity Regulatory Commission (CERC) has allowed power plants (selling electricity under the ‘cost plus’ system) to receive higher compensation for loss in fuel quality whi

power, power sector power tariff, coal, coal sector, coal industry News

Thermal power generation falls for 2nd straight month in February

Thermal plants owned by the states saw their PLF levels fall 3.9 percentage points y-o-y to 56.9% in the same period.

thermal power, hydro power plant, power sector, power industry News

SHAKTI Scheme: Most power units barred from bidding for coal

The second round of coal auction under the Shakti-B scheme may see far fewer bidders than the first one held in 2017 because of an exclusion criterion. Analysts see power utilities with combined capac

coal, coal sector, coal industry, nclt News

Encouraging neighbours to buy electricity from India: CERC eases power trading norms

As much as 7.2 billion units were supplied to Nepal, Bangladesh and Myanmar in FY18.

power sector, power industry, cerc News

Gujarat’s betting big on this project — Know about India’s largest greenfield city

Touted as India’s largest greenfield city, DSIR has seen work get underway in 22.5-sq-km Activation Area.

Infrastructure News

Govt to meet fiscal deficit target of 3.4 per cent, says EAS SC Garg

Fiscal deficit touched 121.5% of the full-year revised target of Rs 6.34 lakh crore by January on account of lower revenue collection.

Economy News

Draft e-commerce policy: Govt likely to extend deadline for feedback

Around a dozen and a half stakeholders — including Amazon, Ola, Uber, Microsoft and Net Flix — met senior officials with the department for promotion of industry and internal trade (DPIIT) on Frid

Economy News

IIT-Madras to develop this device to produce water from air

The developed product will be cost-efficient as it is intended to reach the mass market at affordable prices.

Economy News

GSP withdrawal: Trade surplus with US shrinks; official says US action unfortunate

The drop in India’s trade surplus is important, given that the US’ overall goods trade deficit zoomed further in 2018 to $878.7 billion from $795.7 billion a year before.

Economy News

Amazon key seller Cloudtail found guilty of profiteering

The indirect tax department’s audit division has been investigating scores of cases where major e-commerce operators like Amazon and Flipkart are suspected to have collected excess GST from their cu

Industry News

In boost to wheat farmers, Madhya Pradesh unveils Rs 160/quintal bonus MSP

The new effective rate of Rs 2,000/quintal will be the highest in the country for wheat as no other state has announced bonus.

Economy News

Indian Railways okays solar panels along tracks, move aimed at cutting power purchase cost

In line with the government’s latest effort to increase electrification of railway tracks, the upcoming solar plants would be designed to use the transmission system built for railway traction — p

Infrastructure News

GSP benefit withdrawal: India unlikely to review FDI rules to placate US

Also, rules out softening its stance on data storage guidelines for card payment firms.

Economy News

Indore awarded cleanest city tag for third year in a row

Indore was adjudged India's cleanest city for the third straight year in the central government's cleanliness survey announced on Wednesday.

India News

DoT panel divided on E&V band spectrum allocation

The DoT is treading cautiously because of the 2012 Supreme Court order, which stated that for all natural resources including spectrum, auction should be the preferred method.

Economy News

Kerala to seek Rs 3,500 crore World Bank loan to rebuild state after floods

The state government will undertake rebuilding work to the tune of Rs 5,000 crore, for which Rs 3,500-crore assistance is to come from World Bank.

Economy News

February peak power demand rises 3% year-on-year

In FY19 (April-February), IEX traded 46,707 MU, an increase of 14% over the same period last year.

Economy News

These states giving cheaper electricity to consumers despite missing UDAY targets

Punjab, where too delayed subsidy disbursal to the discoms was a major issue last fiscal, has allocated a massive `8,969 crore to subsidise agricultural electricity in FY20.

Economy News
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