India to explore clean coal technology: Piyush Goyal

CCEA gives approval for engaging Mahacot to undertake MSP operations

The Cabinet Committee on Economic Affairs, CCEA gave ex-post facto approval for engaging the Maharashtra State Co-operative Cotton Growers Marketing Federation Ltd to undertake Minimum Support Price (MSP) operations during the cotton season 2014-15. The Federation will procure cotton from farmers in...

SAIL prepares hot metal production target of 50 million tonnes by 2025

Steel Authority of India Limited has prepared a draft vision envisaging hot metal production target of 50 million tonnes by 2025. Replying to a question in the Rajya Sabha today, Minister for Steel Narendra Singh Tomar said the estimated investment for achieving the target will be around one lakh 50...

Govt discusses 85 large projects, NPAs with RBI, banks

In an effort to help banks facing asset quality woes and to revive investments in the critical infra sector, the government discussed 85 large projects entailing Rs 3.51 lakh crore in outstanding bank credit. After a specially-convened meeting at the RBI headquarters, Financial Services Secretary Ha...

BSE listing may happen in 6 months after FMC merger: U K Sinha

Sebi Chairman U K Sinha said that Sebi is hopeful of taking a call in the next six months on listing of nation's premier bourse BSE after the integration of the capital market watchdog with the commodities regulator Forward Markets Commission. He was speaking to reporters on the sidelines o...

Reliance Power withdraws from Mega Project due to land acquisition delay

Founding members of China floated AIIB meet to finalise rules

Officials of India and 56 other founding members of China-floated 50 billion US dollar Asia Infrastructure Investment Bank (AIIB) met in Bejing to finalise the rules of the bank whose operation is expected to begin later this year. The overall format of AIIB is to be finalised in three meetings, fir...

RS passes Regional Rural Banks Amendment Bill

The Rajya Sabha yesterday passed the Regional Rural Banks ( Amendment) Bill, 2014. The bill seeks to raise the authorised capital of Regional Rural Banks from five crore to 2,000 crore rupees and enable them to mop up funds from the capital market. Replying to a debate on the bill in the House, Mini...

Govt discusses 85 large projects, NPAs with RBI, banks

In an effort to help banks facing asset quality woes and to revive investments in the critical infra sector, the government today discussed 85 large projects entailing Rs 3.51 lakh crore in outstanding bank credit. After a specially-convened meeting at the RBI headquarters, Financial Services Secret...

BSE listing may happen in 6 months after FMC merger: U K Sinha

Sebi Chairman U K Sinha today said that Sebi is hopeful of taking a call in the next six months on listing of nation's premier bourse BSE after the integration of the capital market watchdog with the commodities regulator Forward Markets Commission. He was speaking to reporters on the sidel...