Coal block winners may have to pay 10% upfront
NEW DELHI: Winners of coal blocks for steel, sponge iron and captive power plants would have to pay 10% of the floor price upfront. Subsequently, they would have to pay on a per-tonne basis an amount that would be calculated by annuitizing the remaining bid value, government sources privy to... read more »
PM asks Varanasi weavers to utilize growing e-commerce market
VARANASI: Pitching for modernization of the textile sector, Prime Minister Narendra Modi on Friday asked the weavers to utilize the growing e-commerce market to reach out to global consumers even as he announced a package of Rs 2,375 crore to revive banks in eastern UP. “E-business is... read more »
India aim to spring another surprise against Australia
PERTH: After a “commendable” series levelling win, India aim to spring another surprise in the third game of the four-match Test series against world champions Australia on Saturday. India showed character in their unexpected 2-1 win on Wednesday after losing the opening match... read more »
Federer, Murray, Bryan brothers win ATP awards
LONDON: Roger Federer, Andy Murray and the Bryan brothers are among the winners of the ATP World Tour Awards. Federer was selected by his peers as winner of the Stefan Edberg sportsmanship award for a 10th time. Murray receives the Arthur Ashe humanitarian award for his involvement in fundraising... read more »
Oil Sinks to Four-Year Low Below $90 as OPEC Ups Supplies
New York: Global oil prices sank below $90 a barrel on Friday to the lowest level in nearly four years, with US crude falling to a two-year low, as growing oil supply and weak economic... read more »
Reliance seeks sale of Eagle Ford Basin stake for up to $4.5 bn
New York: India’s Reliance Industries Ltd is seeking a buyer for its stake in the Eagle Ford Basin oil and natural gas joint venture with Pioneer Natural Resources Co, a sale that... read more »
Delhi HC asks Om Prakash Chautala to surrender on Saturday
New Delhi: INLD chief and former Haryana Chief Minster Om Prakash Chautala was on Friday ordered by the Delhi High Court to surrender on Saturday in Tihar jail for misusing bail conditions... read more »
Baramati voters wise, stand by truth, says Ajit Pawar
KOLHAPUR: Former deputy chief minister and NCP leader Ajit Pawar hit back at Prime Minister Narendra Modi saying that if the people of Baramati were in slavery no opposition candidate would... read more »
Cyclone threat: Tens of thousands evacuated along AP coast
Tens of thousands of people from low-lying areas of coastal districts of Andhra Pradesh have been evacuated as the state intensified preparations to face Cyclone Hudhud, expected to reach the... read more »
