Coal allocation for spot e-auction declines by 8.19 pc in Apr-Jan
New Delhi, Fab 21: State-owned Coal India Ltd allocated 24.87 million tonnes of dry fuel for the spot electronic auction (e-auction) during April-January, down by 8.19 per cent over the same period of last year. Coal India (CIL) had allocated 27.09 million tonne (MT) of coal in the year-ago period, according to the government data. […]
Context was balance of trade; efforts made to address concerns: MEA on Trump’s remarks
New Delhi, Feb 20 : With US President Donald Trump claiming that India has not treated his country “very well” on the trade front, the Ministry of External Affairs on Thursday said the context in which the remarks were made was balance of trade and there have been efforts to address the concerns. Ahead of […]
Vodafone Idea pays Rs 1,000 cr to telecom dept towards dues: Source
New Delhi, Feb 20 : Vodafone Idea on Thursday paid Rs 1,000 crore more to the Department of Telecommunications (DoT) towards its statutory dues, a senior official said. The company had paid Rs 2,500 crore to the government towards adjusted gross revenue (AGR) dues on Monday. In all, it owes Rs 53,000 crore to the […]
Sunil Mittal meets Telecom Minister amid AGR turmoil
NEW DELHI : Bharti Airtel Chairman Sunil Mittal has met Telecom Minister Ravi Shankar Prasad on Thursday, a day after calling on Finance Minister Nirmala Sitharaman, a person aware of the development said requesting anonymity. Mint could not immediately ascertain the details of the meeting with Prasad. The meeting comes at a time when companies […]
India not treating US “very well” on trade front: President Trump
Washington, Feb 19: US President Donald Trump has complained that India has not treated his country “very well” on the trade front and indicated that a “very big” bilateral deal with New Delhi may not be signed before the American presidential election in November. “Well, we can have a trade deal with India, but I’m […]
Coronavirus outbreak to hit global growth; to have limited impact on India: RBI Guv
New Delhi, Feb 19 : The coronavirus outbreak will have a limited impact on India but the global GDP and trade will definitely get affected due to the large size of the Chinese economy, RBI Governor Shaktikanta Das has said. Only a couple of sectors in India are likely to see some disruptions but alternatives […]
India to switch to world’s cleanest petrol, diesel from Apr 1
New Delhi, Feb 19 : India will switch to the world’s cleanest petrol and diesel from April 1 as it leapfrogs straight to Euro-VI emission compliant fuels from Euro-IV grades now – a feat achieved in just three years and not seen in any of the large economies around the globe. India will join the […]
First 5G handset in India likely to be priced at Rs 50,000
Kolkata, Feb 19 : The first 5G-enabled handset in India to be launched by Chinese smartphone maker, realme, is likely to cost around Rs 50,000, a company official said on Wednesday. The ‘realme’ that came into existence in 2018 is all set to become the first brand to unveil 5G ready smartphone in India on […]
India Inc to dole out average 9.1% salary hike in 2020: Report
New Delhi, Feb 18 : Companies in India are projected to dole out an average salary hike of 9.1 per cent this year, the highest level in the Asia Pacific region, as they look for key talent and niche skills, says a report. However, the quantum is lower than 9.3 per cent increase seen in […]
RBI Governor says no reason to doubt govt will meet fiscal deficit targets
New Delhi, Feb 18 : Throwing his weight behind Finance Minister Nirmala Sitharaman’s budget numbers, Reserve Bank Governor Shaktikanta Das has said that there is no reason to doubt that the government will be able to cut fiscal deficit to 3.5 per cent of the GDP in the fiscal beginning April 1. In an interview […]
