Business

"The Committee has noted that the use of indigenous coal by the imported coal-based thermal power plants is dependent on policy interventions by the government," Standing Committee on Coal and Steel said in its latest report.

The products on which the duty was imposed include flax fabrics, vitamin C, certain fibres and chemicals, Minister of State for Commerce and Industry C R Chaudhary said in a written reply to Rajya Sabha.

The National Weather Service issued wind chill warnings for Tuesday as dangerously low temperatures were due from eastern Montana across the Midwest into the Atlantic coast and the Northeast and down through the deep South.

The rules will come into effect from February 1, 2018. The regulations will apply to all the service providers offering telecom services in India, TRAI said in a statement.

DMK member Kanimozhi wanted to know whether the government was considering regulating crypto-currencies such as bitcoin and ethereum, as India "accounts for more than 11 per cent" of such trade globally.

The government on December 29 had cautioned investors to be wary of virtual currencies like Bitcoin, saying they are like Ponzi schemes with no legal tender and protection.

The growth in the eight core sectors during April-November this fiscal slowed to 3.9 per cent as against 5.3 per cent in the same period last fiscal.

The gross non-performing assets (NPA) in the banking system jumped to an alarming 10.2 per cent in the September quarter and are only expected to rise further under RBIs base case scenario to over 11 per cent by the same quarter next year.

The stock rose sharply by 30.78 per cent to settle at Rs 21.33 on BSE. During the day, it zoomed 41 per cent to Rs 23.

Kingfisher, still the largest beer brand in India, has lost 4.3% market share by volume between 2011 and 2016, according to data from market researcher Euromonitor marking the steepest decline among the top beer brands in India during this time.

A total of 11,30,43,478 equity shares were bought back under the Buyback at a price of Rs 1,150 per equity share, the IT major said in a regulatory filing.

Minister of State for Finance Shiv Pratap Shukla said in the Lok Sabha on Friday that an inter-disciplinary standing committee on cbyer security has been constituted by the RBI comprising academia, information security audit, forensic and cybersecurity ex...

The steel and rail ministries have been at loggerheads over the state-run network's decision to buy rails from overseas, despite assurances of supply from local companies Steel Authority of India Ltd (SAIL) and Jindal Steel and Power.

The dollar rose against euro, which came under pressure after snap poll results showed that Catalan separatists kept a slim majority in Parliament, an outcome that spells uncertainty for Europe.

Going forward, major attention is likely to be given to the rural landscape with several initiatives like support to farmers, rural and agri infrastructure.

The finesse of muslin can be gauged by the fact that 1 inch of the silk has 1800 strands of thread, Mitra said on the potential of Bengal's Muslin.