Power and Coal Minister Piyush Goyal had said in September that the Power Ministry is at the final stage of framing the new tariff policy, which will soon be placed before the Cabinet for approval.
Posts tagged MC
Policy on coal linkages likely in 15 days: Govt (17-11-2015)
Global cues lift Sensex 104 pts, Nifty fails to hold 7850 (17-11-2015)
Infosys declined more than 1.8 percent on margin warning for second half of FY16. In a conference call yesterday, the company says it expects Q3 to be soft but is confident of coming back to growth in Q4. However, HCL Technologies was up 1.4 percent on bagging application development maintenance services contract from Deutsche Bank.
Maggi ban sent disturbing message to investors: Swiss envoy (17-11-2015)
Maggi, a popular noodles brand which has been in India for many decades, is manufactured by Swiss multinational Nestle through its Indian subsidiary. It was back on the shelves from November 9 with the Bombay High Court lifting the ban imposed by food safety regulators.
Optimistic about achieving 8% GDP growth this yr:Panagariya (17-11-2015)
NITI Aayog vice-chairman Arvind Panagariya is also optimistic about achieving 8 percent growth this year and is awaiting Q2FY16 growth figures. He is in fact also hopeful that growth will be more than 8 percent in the next financial year
Paris and Fed: No wonder it’s a torrid time for markets (17-11-2015)
Developing countries have gorged on cheap debt for the past decade, swelling on average to 195 percent of gross domestic product (GDP) on average up from 150 percent in 2009, according to The Economist newspaper. What happens when they have to pay more to continue borrowing?
India in sweet spot; see 12-13% mkt return in 1 yr: CLSA (17-11-2015)
Mahesh Nandurkar of CLSA says investors did not factor in impact of disinflation on earnings estimate. The property market is also going through slowdown due to disinflation
HCL Technologies up 2.5%, bags contract from Deutsche Bank (17-11-2015)
Under the terms of agreement, HCL will provide digital solutions, systems integration, product implementation and design, build and test new applications in addition to ongoing application maintenance and support services, the company said in its filing.
CAD to be 1% of GDP in FY16: Citi (17-11-2015)
According to the global financial services major, CAD is likely to be about USD 20.6 billion (1 percent of GDP) in 2015-16, as against USD 28 billion (1.4 percent of GDP) last year.
Nifty hits 7850, Sensex up over 150 pts on European cues (17-11-2015)
European markets like France’s CAC, Germany’s DAX and Britain’s FTSE gained 1-1.5 percent on positive Wall Street cues.
Nifty ends below 7850, Sensex up 104 pts; Infosys down 2% (17-11-2015)
GAIL, ITC, Vedanta, Tata Steel and Hindalco were top gainers while Infosys, Dr Reddy’s Labs, Axis Bank, Bajaj Auto and Hero MotoCorp were losers.