Business
Captive Power Producers Say Facing 'Severe Coal Shortage'
Most CPP-based industries are facing severe coal shortage and even struggling to maintain critical stock level. Reduced power generation is rendering operations economically unviable with huge risk of plant closure.
India to Get $250 Million Loan from World Bank for Skill Development Plans
World Bank's financing arm IBRD (International Bank for Reconstruction and Development) will provide this USD 250 million loan.
SEBI May Reduce Listing Time to Four Days, Says Ajay Tyagi
The Securities and Exchange Board (SEBI) has already reduced the listing time from the seven days in the past to six days after the closure of the bidding.
After Dramatic Gains, Bitcoin Tumbles 20 Percent in 10 Hours
In a hectic day on Thursday, bitcoin leapt from below $16,000 to $19,500 in less than an hour on the US-based GDAX, one of the biggest exchanges globally, while it was still changing hands at about $15,900 on the Luxembourg-based Bitstamp.
Forex Reserves up $1.2 Billion, Reclaim $400 Billion Mark
The country's Forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and the RBI's position with the International Monetary Fund (IMF).
India's Economy Will Double to $5 Trillion by 2024, Says Mukesh Ambani at HT Leadership Summit
At the HT Leadership Summit partnered by CNN-News18, Reliance Industries CMD Mukesh Ambani recalled that he had in 2004 predicted about India — then a $500-billion economy — hitting $5 trillion in 20 years.
Note ban, GST May have 'Reinforced' Growth Deceleration, Says Chief Economic Advisor
To a question about allegations by the Opposition that India is experiencing "jobless growth", Arvind Subramanian said three key job generating sectors are under stress. He, however, declined to comment further, saying there is not enough data to make an...
Bubble or Brave New World? Bitcoin Breaks USD 10,000 Barrier
The virtual currency hit a high of USD 10,379 in Asia, according to Bloomberg News, more than 10 times higher than its value at the start of the year.
GES 2017: Women Entrepreneurs in Silicon Valley Join Hands to Resist 'Big Boys Club'
These female leaders have now huddled together to talk it out, look for solutions and insulate businesses from sexual predators.
Sensex Drops 107 Points as S&P Keeps Sovereign Rating Unchanged
The 30-share Sensex fell 106.92 points, or 0.31 per cent, to trade at 33,572.32. The gauge had rallied 918.80 points in the previous seven sessions.
US Shoppers Browse Stores, Buy Online as Black Friday Deals Beckon
Black Friday online sales totaled at least $3.54 billion by 8 pm EST (0100 Saturday GMT), up 15.6 percent from a year ago, according to Adobe Analytics, which measures transactions at the largest 100 US web retailers.
Jindal Steel Could Win a Slice of Rail Tender: Sources
State-run Steel Authority of India Ltd (SAIL) has struggled to supply the steel, however, and is expected to deliver 920,000 tonnes of it this financial year, just 65 percent of its target.
Havmor to Sell Ice Cream Biz to Lotte for Rs 1,020 Crore
Post acquisition, Lotte will start its ice cream business in the Indian market.
Better Subsidy Targeting via Technology Saved USD 10 Billion, Says PM Modi
Addressing the Global Conference on Cyber Space, PM Modi said technology breaks barriers and has led to efficient service delivery, governance and improved access to education and health.
Hyderabad Gears up for Global Entrepreneurship Summit
T-HUB, India's largest start-up incubator, along with NITI Aayog and Telangana Government, would host the finale "Road to GES-Beyond Boundaries" on November 26-27 in Hyderabad.
Expect Thums Up to be USD 1 Billion Brand in 2 Years: Coca-Cola India
With the introduction of 'Thums Up Charged', the company on Tuesday added the first ever variant to the 40-year-old brand.