The RBI circular last year, which scrapped previous methods for recasting bad loans, rattled companies and lenders alike.
Analysts say US oil firms will export more oil to sell off surplus stocks.
The company reported a net profit of Rs 8,263 crore for the third quarter.
Inking down a deal of selling 80.1% pf the power grids to Japan’s Hitachi, the Swiss engineering group ABB has cashed in worth $11 billion.
FAME II will have a major proportion being allocated for the development of electric vehicle charging infrastructure alongside local manufacturing of lithium-ion batteries, which form the core of electric vehicles.
Power Finance Corporation (PFC) on Thursday gets high nod from the Cabinet Committee on Economic Affairs (CCEA) for the acquisition of Centre’s 52.63 per cent holding in Rural Electrification (REC) along with management control.
India has emerged as the largest importer of Australian coal.
The proposed plant, to come up at the world’s biggest refining complex in Jamnagar, will be able to process as much as 30 million tons of crude a year.
Solar Power to increase to 600 GW by 2023.
US secretary of states clarified the nations intentions behind the move to withdraw US sanctions.