Govt eyes Rs 1.47 lakh cr from 92 coal blocks
Government is targeting a revenue of Rs 1.47 lakh crore from the allotment and auction of 92 coal blocks out of those being given out in the first phase to private as well as public sector entities. The 92 coal blocks to be both alloted and auctioned have geological reserves of 18,446 million... read more »
Gold Falls by Rs 45 to Rs 27,265 on Sluggish Demand
New Delhi: In a mixed pattern of trading, gold prices declined by Rs 45 to Rs 27,265 per 10 grams at the bullion market on Monday, owing to slackened demand from jewelers at prevailing levels even as metal rise in global markets. Silver, however, found fresh buying support from industrial users and... read more »
RBI’s credibility loss: It’s wrong to blame Subbarao alone; UPA...
The mid-year economic review of the Narendra Modi government has made some strong-worded, direct observations against former RBI governor D Subbarao saying the monetary policy lost credibility in the economy during his stint at the central bank. “For nearly six years (2007 third quarter to 2013... read more »
Bharti Retail Plans to borrow up to 2k cr
MUMBAI: A year after parting ways with Walmart, billionaire Sunil Mittal’s Bharti Retail plans to borrow up to 2,000 crore to accelerate store openings and spruce up operations. The company board has already passed the fund-borrowing resolution, according to Bharti Retail’s recent... read more »