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Govt brings forward target of 20% ethanol-blending with gasoline by 2025

2021-01-18
By: admin
On: 2021-01-18
In: Economy

Last year the government had set a target of reaching 10% ethanol-blending by 2022 – meaning 10% of ethanol mixed with 90% of gasoline – and 20% by 2030 Source linkContinue Reading

SAIL OFS oversubscribed 3.6 times on day one; govt to use greenshoe option

2021-01-18
By: admin
On: 2021-01-18
In: Market

The government’s sale of its 5 per cent shareholding in India’s largest steelmaker SAIL was over-subscribed 3.6 times on the first day of its opening Source linkContinue Reading

Some people want to turn farmers’ protest violent on behest of govt, Kisan Sangharsh Samiti alleges

2021-01-17
By: admin
On: 2021-01-17
In: News

Source linkContinue Reading

RBI ready to examine if there is govt proposal for bad bank, says Governor Das

2021-01-17
By: admin
On: 2021-01-17
In: Market

Das said that the setting up of a bad bank to tackle the high non-performing loan problem in the financial system has been under discussion for a “long time”. Source linkContinue Reading

Govt exhorts domestic steel makers to become more competitive globally

2021-01-16
By: admin
On: 2021-01-16
In: Economy

The government has exhorted domestic steel makers to become more competitive locally as also in export markets Source linkContinue Reading

BJP govt in Karnataka will complete 5 year term and return to power again: Amit Shah

2021-01-16
By: admin
On: 2021-01-16
In: News

According to him, lot of development works have been taking place in the state under the leadership of Chief Minister B S Yediyurappa. Source linkContinue Reading

No one was consulted, govt must agree to start on 'clean slate': Chidambaram on farm laws impasse

2021-01-16
By: admin
On: 2021-01-16
In: News

Chidambaram’s remarks came a day after the Centre asked protesting farmers to form an informal group to prepare a concrete proposal about their objections and suggestions on the farm laws for further discussion at their next meeting on January 19 to end the long-running protest at various Delhi borders. SourceContinue Reading

SAIL OFS subscribed over 5 times; govt to garner Rs 2,664 cr from stake sale

2021-01-15
By: admin
On: 2021-01-15
In: Market

The shares sought were 522.89 per cent of the overall issue size on the final day of bidding, as per provisional data available on bourses. Source linkContinue Reading

SAIL OFS subscribed over 5 times; govt to get Rs 2,664 cr from stake sale

2021-01-15
By: admin
On: 2021-01-15
In: Market

The government is expected to garner Rs 2,664 crore from offloading 10 per stake sale in India’s largest steelmaker SAIL through an offer for sale (OFS) Source linkContinue Reading

Govt notifies modified scheme on ethanol production

2021-01-15
By: admin
On: 2021-01-15
In: Energy

Sugarcane and ethanol are produced mainly in three states — Uttar Pradesh, Maharashtra and Karnataka. Transporting ethanol to far-flung states from these three states involves huge transportation cost, it said. Source linkContinue Reading

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Infra sector firms want renegotiation of EPC contracts amid rise in input cost; lenders oppose

By: admin
On: 2021-01-18

“The contract is sacrosanct. It’s the contract against which we provide finance,”

Reliance Infrastructure completes transmission JV sale to IndiGrid for enterprise value of Rs 900 crore

By: admin
On: 2021-01-18

The cash-strapped and loss-making company had signed a deal with India Grid

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