Brent holds above $60, but heads for fifth weekly drop
SINGAPORE – Brent crude futures held above $60 (39 pounds) a barrel on Friday as strong U.S. economic data supported the market, but oil prices were on track for their fifth straight weekly decline with a building supply glut and weak Japanese import data capping gains. On the supply side, data... read more »
Reliance Industries inks shipping deal with Mitsui OSK Lines
Billionaire Mukesh Ambani-run Reliance Industries Ltd (RIL) on Thursday sealed a long-term agreement with Japan’s biggest shipping company Mitsui OSK Lines for transportation of liquefied ethane from North America to the Gujarat coast. Mitsui will manage six very large ships for carrying... read more »
Snapdeal partners with India Post to help artisans sell products online to ...
E-marketplace operator, Snapdeal.com launched a pilot with India Post to set-up facilitation desks at Varanasi post offices to enable local weavers sell through its platform thus providing access to millions of Indians who aspire to own traditional Banarasi weaves. Through this association, weavers... read more »
Bodo attacks: Ignoring intel inputs in violence-hit Assam is unpardonable
Despite having intelligence inputs, the Assam government failed to stop the killing of tribals by militants of the Songbijit faction of National Democratic Front of Bodoland (NDFB-S), and later the retaliatory action from tribals in which Bodo homes were torched. While state government sources... read more »
Assam violence: Death toll in Bodo militant attack rises to 64
As many as 64 people have died in Tuesday’s attacks by Bodo tribal militants on mostly Christian adivasis along Assam’s border with Bhutan and Arunachal Pradesh, officials... read more »
Coal India, GAIL to invest Rs 9000 cr in Talcher plant
Coal India Ltd, the world’s largest producer, and state gas utiltity GAIL India Ltd today signed agreements to invest Rs 9,000 crore in a plant to convert coal into gas and use this... read more »
You can hand in pre-2005 notes till June: RBI
MUMBAI: The Reserve Bank of India has extended the deadline for turning in pre-2005 currency notes to June 30, 2015. Earlier, all citizens had to turn them in by this month-end. The most... read more »
S Bhattacharya Appointed CMD of Coal India
New Delhi: Senior IAS officer S Bhattacharya has been appointed as the chairman and managing director of Coal India Ltd (CIL). The coal major was without a full time chief for the past six... read more »
Modi orders insurance, coal reforms after stymied by parliament
The cabinet approved an executive order on Wednesday to implement coal and insurance reforms, a government official said, underlining the administration’s resolve to push through economic... read more »
