Imported coal stocks at 16 major ports in India stood at 10.2 million tonne (mt) on September 28, Intercocean Group data showed. Interocean Group is a a Delhi-based shipbroker. The imported coal stocks at the major ports is up by 2 per cent from a week earlier.
Tag: Delhi
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Exim Bank to get Rs 700 cr capital infusion
To give a fillip to the future growth the lender bank Export-Import Bank of India, the Union government on September 12 approved a proposal of Rs 700 crore capital infusion. The fund infusion will ensure compliance to the regulatory norms on capital adequacy, cater to the credit needs of productive sectors of economy as well as to withstand impact of stress in the economy, an official statement said in Delhi.
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RBI to keep monetary policy tight till Rupee stabilises
Prime MinisterĂâs key economic advisor C Rangarajan has on September 12 said that the Reserve Bank of India (RBI) must continue its tight monetary policy until stability in the rupee value is achieved. Thereafter, if the current trend in the moderation of wholesale price inflation continues, which is in fact expected, the monetary authorities can switch to a policy of easing, Rangarajan said while releasing the Economic Outlook for 2013-14 in Delhi.
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Upgradation of roads in Delhi’s Wazirpur begins
In Delhi's Wazirpur industrial area, upgradation of approach roads began on September 12. The Union Telecom and IT Minister Kapil Sibal and Delhi Transport Minister Haroon Yusuf formally inaugurated the work.
Yusuff said that all industrial areas of the national capital would be developed with modern infrastructure and signal window system would also be provided for fast development of industries.
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Q1 profit of ONGC Videsh up 72% to Rs 837 cr
On the back of higher crude oil and natural gas output, Oil and Natural Gas Corp's (ONGC) overseas subsidiary ONGC Videsh on September 1 reported a 72 per cent jump in its net profit in the June quarter. The firm's net profit in April-June quarter rose by 71.9 per cent to Rs 837 crore from Rs 487 crore in the same period a year ago, the company said in a statement in Delhi.
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Delhi monorail by 2017
Delhi Chief Minister Sheila Dikshit has reiterated her commitment to make sure the city has its monorail by 2017. An Indo-Japan monorail seminar was conducted recently to discuss the likely prospects of monorail in Delhi.
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Adopt humane approach towards genuine defaulters: FM
Union Finance Minister P Chidambaram on August 29 said that banks must ensure flow of credit to every sector of industry. He said that bankers have been told to be sympathetic and have humane approach towards genuine defaulters. He said that this is the time for hand holding of borrowers who are facing difficulties, especially industry.
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Delhi govt to set up infra facilities
Delhi government would set up civic amenities like hospitals and schools in over 1,600 unauthorised colonies, where it plans to ease development guidelines. The necessary infrastructure facilities to all the 1,639 unauthorised colonies would be provided by the state gov
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Govt plans to integrate metro station with ISBT
Delhi government plans to integrate the upcoming Kashmere Gate Metro station with the existing station as well as the inter-state bus terminal (ISBT). For this purpose, the state government decided not to continue with the second phase of renovations of the ISBT. The second phase of the renovations at the ISBT included a hotel and an underground parking lot at the bus
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RBI bans import of gold coins, medallions without licence
The Reserve Bank of India has further restricted the import of gold into the country by prohibiting inward shipment of gold coins, medallions and dores without license. From now onwards, import of gold in the form of coins and medallions is prohibited and henceforth all import of gold in any form or purity shall be subject to a licence issued by Directorate General of Foreign Trade (DGFT) prescribing 20-80 scheme, Economic Affairs Secretary Arvind Mayaram said in Delhi.