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 »
Airtel to woo data users through free internet
NEW DELHI: Bharti Airtel, the country’s biggest telecom operator, is set to offer free internet to subscribers for trial as the company looks to convert more users into ‘internet users’ to push up revenues and profits. Data is gradually turning out to be the cash-cow of mobile... read more »
Coal block winners may have to pay 10% upfront
NEW DELHI: Winners of coal blocks for steel, sponge iron and captive power plants would have to pay 10% of the floor price upfront. Subsequently, they would have to pay on a per-tonne basis an amount that would be calculated by annuitizing the remaining bid value, government sources privy to... read more »
