Sesa Sterlite gains on talk of govt revoking mining ban in Goa
Shares of Sesa Sterlite were up 2.5% at Rs 198 on reports that the Centre has revoked its earlier ban on all environmental clearances of mines in Goa. “The Ministry of Environment, Forest and Climate Change withdrew the suspension of ECs. The mining industry will resume operations immediately... read more »
Gold futures gain 0.15% on firm global cues
NEW DELHI: Gold prices increased by 0.15 per cent to Rs 25,796 per 10 grams in futures trading today as speculators enlarged positions amid a better trend overseas. At the Multi Commodity Exchange, gold for delivery in June rose by Rs 40, or 0.15 per cent, to Rs 25,796 per 10 grams in a business... read more »
Railway platform ticket to cost Rs.10 from April 1
The railway platform ticket is going to be costlier – Rs.10 – from April 1. “The rate of platform ticket will be increased from Rs.5 to Rs.10 per per person from April, 2015,” said a senior Railway Ministry official. The official said the Divisional Railway Managers (DRM)... read more »
How Two Tax Notices May Put PM Modi’s Government on Backfoot
Prime Minister Narendra Modi’s government sent two notices demanding a total of Rs. 31,000 crore in taxes from Cairn Energy and its former subsidiary Cairn India last week for a transaction that occurred in 2006-07. Cairn Energy has been asked to pay Rs. 10,247 crore for the capital gains it... read more »
