India will be able to double its power generation in the next seven years, Union Coal and Power Minister Piyush Goyal has said.
Posts tagged MC
Goyal confident of power generation doubling in 7 years (29-08-2015)
India’s Rajan to Fed: Don’t raise rates in turmoil (29-08-2015)
Earlier on Friday in a CNBC exclusive, Federal Reserve Vice Chairman Stanley Fischer said it was too early to tell whether volatility in the market made it more or less compelling to raise rates in September.
Mkt to rebound slowly; buy stocks in small lots: Quantum (29-08-2015)
While Sanjay Dutt of Quantum Securities recommends investors to buy into stocks that were probably expensive earlier, he is quick to add: “Buy them but be careful and buy in smaller lots.”
Wall Street ends flat in quiet end to dramatic week (29-08-2015)
The Dow Jones industrial average ended down 0.07 percent at 16,643.01 while the SP 500 edged up 0.06 percent to 1,988.87.
1% cut in policy rate needed to boost growth: Panagariya (28-08-2015)
RBI, since January 2015, has lowered key policy rate by a total of 0.75 percentage point in three tranches and may reduce it further depending on macro-economic data and monsoon. The next policy review is due on September 29.
Centre needs to rationalise coal prices: Piyush Goyal (28-08-2015)
Piyush Goyal categorically said “No it will not be aligned with international prices. Those prices keep on fluctuating and they may even go up in the future. It will be aligned to the GCV of the coal so the station heat rate of the power plant or the consumers in the other sectors get coal at a rational price.”
Fed’s Kocherlakota: 2015 rate rise not appropriate (28-08-2015)
Narayana Kocherlakota spoke to CNBC in an interview from Jackson Hole, Wyoming, ahead of the Fed’s annual retreat. He is not a voting member of the Federal Open Market Committee, which could vote at its September meeting to raise interest rates for the first time in nine years.
IDFC to raise up to Rs 80,000 crore to expand business (28-08-2015)
Among others, IDFC said the members were briefed about the in-principle approval by the RBI to establish a new bank in the private sector. IDFC said it expects to commence the banking operations by first week of October.
Govt issues statutory order on Land Bill (28-08-2015)
Sources say the order will ensure compensation for land acquired under 13 Acts and will safeguard the rehabilitation of land owners.
Mkt to rebound slowly; buy stocks in small lots: Quantum (28-08-2015)
While Sanjay Dutt of Quantum Securities recommends investors to buy into stocks that were probably expensive earlier, he is quick to add: “Buy them but be careful and buy in smaller lots.”