NMDC commissions Rs 5,427-crore iron ore processing, slurry pipeline project in Chhattisgarh HYDERABAD: State-run miner NMDC Ltd has commissioned a Rs 5,427-crore integrated iron ore processing, slurry pipeline and pellet-making project in Chhattisgarh’s Bastar region, marking a major addition to its value-chain operations between Bacheli and Nagarnar. The project comprises a new iron ore processing…
Exempted establishments get wider debt investment options under new govt rules NEW DELHI: Bringing parity with the establishments covered directly by the Employees Provident Fund Organisation (EPFO), govt has widened the debt investment options for exempted establishments by permitting investment in rupee-denominated bonds issued by four major global financial institutions, provided they have a minimum…
US-Iran talks, crude prices, bond yields to drive investor sentiment NEW DELHI: Investors will focus on geopolitical developments, crude oil prices, bond yields and macroeconomic data announcements to determine market trends during the holiday-shortened week ahead, analysts said.According to experts, the US-Iran diplomatic talks and crude oil prices will drive global market sentiment.“Globally, developments around…
France’s baguette gets a fuel shock France’s beloved baguette is getting harder to make for bakers. And the problem isn’t finding the right magic to keep its signature crust intact, it starts even before the recipe does!Bakers are facing an unlikely financial and fuel squeeze, having to spend more just to keep their ovens burning…
Made-in-India electronics get PLI boost as firms draw Rs 20,580 crore investment From making more phones at home to sending them overseas, India’s electronics manufacturing push has clocked up a sizeable government payout. Large-scale electronics manufacturing companies have received Rs 19,090.98 crore in incentives up to June this year, the highest among the sectors covered…
NEW DELHI: Managers of great hotels in India now worry about one thing the chefs there don’t have to lose sleep over — visits by anonymous Michelin inspectors to see if a property has earned the stars; if it remains good enough to retain them or move up the ladder from one to two and…
Foreign Secy Vikram Misri meets US Congressional delegation Foreign secretary Vikram Misri on Sunday met a bipartisan US Congressional delegation led by House Foreign Affairs Committee chairman Brian Mast, as the two sides discussed the recently enacted Sanctioning Russia and Iran Act (SRIA), strategic ties and energy security.The talks also covered the future course of…
Why cheaper diesel could come with a gasoline price shock A possible US restriction on diesel exports could have a mixed impact on fuel prices. Diesel prices in the US could fall at first as more fuel stays in the country, but gasoline prices could later rise if refiners are forced to cut production, Goldman…
Canadian Minister of Foreign Affairs, Anita Anand with Jaishankar NEW DELHI: India and Canada are preparing to take their bilateral relationship “to a higher level”, external affairs minister S Jaishankar said after meeting his Canadian counterpart Anita Anand on the sidelines of the United Nations General Assembly in New York.Jaishankar described the discussion as “productive”…
This allows toll to be charged without vehicles stopping, slowing down or remaining in a designated lane. (Image for representative purpose) A few years ago, India introduced FASTag to make toll collection across its highways and expressways digital and cashless. Now, it is looking to make the process barrier-free or toll plaza free. Imagine zipping…
