Railways to Link Auto Hubs, Says Gowda
VELLORE: Soon, automobile hubs in the country will be lined through an automobile freight train to decongest traffic on road, reduce the carbon footprint and shorten the duration of transport of the finished cars. Flagging of South India’s first automobile double-deck train at Melpakkam near... read more »
One-time income helps Jet Airways sniff profit, loss narrows by 96%
MIn the same period a year ago, the company reported a net loss of Rs 891 crore. The airline, however, said the better set of numbers is on account of operational restructuring, higher yield and expansion of code-share agreements with other carriers. The airline had earlier this week said from 1... read more »
Gold, silver at multi-year lows on overseas cues
NEW DELHI: Gold and silver prices slumped to their multi-year lows to trade at Rs 25,800 per 10 grams and Rs 34,900 per kg, respectively in the national capital today amid weak cues from global markets as strengthening dollar curbed demand for the precious metals. In addition, absence of buying by... read more »
Hope to make India power surplus by 2019: Piyush Goyal
NEW DELHI: The government is working towards making India a power surplus country by 2019, minister of state for power, coal and renewable energy Piyush Goyal said on Thursday. He said that ensuring the availability of power on a 24×7 basis was one of the most pressing challenges the Narendra... read more »