Global crude oil prices ease today

Global crude oil prices eased, today, as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale production and a probable further drop in U.S. crude inventories. Brent crude oil futures slipped 11 cents, to 46.85 dollars a barrel. U.S. crude also fell 11 cents, to 45.13...

Govt allocates Rs 22,915 cr capital to 13 PSU banks for FY17

Sovereign Gold Bond scheme opened for subscription

The fourth tranche of the Sovereign Gold Bonds scheme opened for subscription. The bond can be purchased from the National Stock Exchange and Bombay Stock Exchange, besides all Bank branches, select Post Offices and the Stock Holding Corporation of India Limited.The government had fixed 3,119 rupees...

CIL prepares road map to produce one billion tonnes of coal

Coal India Limited, CIL has prepared a road map to achieve a coal production level of one billion tonnes by the year 2019-20. In a written reply in Rajya Sabha, the Minister for Coal, Power, New and Renewable Energy and Mines Piyush Goyal said the company has already identified mines and projects to...

RBI emphasizes need to expand banking services

Oil falls on persistent glut fears; China data supports

Global crude oil fell, on concerns that a persistent global glut of crude oil and refined products will impede any price recovery. Losses were capped by slightly better-than-expected Chinese economic data reflecting government efforts to stabilize growth, and a drop in Chinese domestic production. S...

Banks can't get blanket relief from CBI, CVC actions: Raghuram Rajan

Amid an uproar among bankers for immunity from action by agencies like CBI and CVC, Reserve Bank Governor Raghuram Rajan has disapproved of any blanket relief. He was talking to a select group of journalists in Mumbai . Dr Rajan also said there is lot of frustration about the pace of economic recove...

Sovereign Gold Bond scheme opened for subscription

The fourth tranche of the Sovereign Gold Bonds scheme opened for subscription. The bond can be purchased from the National Stock Exchange and Bombay Stock Exchange, besides all Bank branches, select Post Offices and the Stock Holding Corporation of India Limited.The government had yesterday fixed 3,...

CIL prepares road map to produce one billion tonnes of coal

Coal India Limited, CIL has prepared a road map to achieve a coal production level of one billion tonnes by the year 2019-20. In a written reply in Rajya Sabha, the Minister for Coal, Power, New and Renewable Energy and Mines Piyush Goyal said the company has already identified mines and projects to...

Sovereign Gold Bond scheme opened for subscription

The fourth tranche of the Sovereign Gold Bonds scheme opened for subscription today. The bond can be purchased from the National Stock Exchange and Bombay Stock Exchange, besides all Bank branches, select Post Offices and the Stock Holding Corporation of India Limited.The government had yesterday fi...