Coal India to spend Rs 235 cr on improving sanitation
In response to the call given to the corporate sector by PM Narendra Modi for ‘Clean India’ initiative, Coal India on Tuesday said it will spend Rs 235 crore on building toilets and improving sanitation in schools and households of underprivileged. “The amount of Rs 235 crore would be... read more »
SC declines to give relief to Mallya, Kingfisher Airlines
The Supreme Court on Tuesday denied relief to debt-ridden Kingfisher Airlines challenging the decision of the Grievance Redressal Committee (GRC) of United Bank of India (UBI) to declare the airline and its promoter Vijay Mallya as wilful defaulters. A Bench of Justices Anil R. Dave and U. U. Lalit... read more »
India slips to 71st rank in global competitiveness list
Weighed down by challenging economic conditions for most part of the past year, India has slipped to 71st position – the lowest among BRICS countries – in an annual global competitiveness list, with Switzerland claiming the top spot. The annual list, released on Wednesday by... read more »
Diesel under-recovery drops to 8 paise a litre
The under-recovery on diesel for national oil marketing companies (OMCs) is down to a wafer thin 8 paise a litre, a pattern that could soon bring relief to consumers from the 50-paise-a-fortnight upward revision. On Monday, the Petroleum Planning and Analysis Cell (PPAC) of the Petroleum Ministry... read more »
