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Coal power plants biggest guzzlers of water: Greenpeace India
Published on Saturday, June 4, 2016 9:49 AM

 Greenpeace India on Friday released data on the water consumption patterns of coal power plants in seven drought affected states, stating that coal power plants in these states consume water that could meet the basic needs of 50 million people for a year.

Greenpeace India alleged that even as India suffers from one of t ...

Coal power plants biggest guzzlers of water: Greenpeace India
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Jaitley to review state-run banks performance on Monday
Published on Saturday, June 4, 2016 9:46 AM

Finance Minister Arun Jaitley will on Monday hold a quarterly performance review with the heads of public sector banks (PSB) at a time when these are severely stressed by bad loans and have incurred record losses in the last quarter, an official statement here said.

A Finance Ministry statement on Friday said Jaitley would &q ...

Jaitley to review state-run banks performance on Monday
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10,000 new LPG distributors to be appointed:Dharmendra Pradhan
Published on Saturday, June 4, 2016 9:45 AM

 The government will appoint 10,000 new LPG, or cooking gas, distributors this year under a new procedure so as to extend the universal reach of clean fuel across the country by 2018, Petroleum Minister Dharmendra Pradhan said on Friday.

"The 10,000 new liquified petroleum gas dealerships will be on top of around 16 ...

10,000 new LPG distributors to be appointed:Dharmendra Pradhan
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India poised to be clean energy capital of world: Minister
Published on Saturday, June 4, 2016 9:44 AM

Union Power Minister Piyush Goyal on Friday said India was poised to be the clean energy of capital of the world.

"The mission... is to increase use of clean technologies and renewables for power generation making Clean India Energy Capital of the world," said Goyal while commemorating the Environment Day.
< ...

India poised to be clean energy capital of world: Minister
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ADB, India ink $200 million loan agreement for Jharkhand roads
Published on Saturday, June 4, 2016 9:40 AM

The Indian government and the Asian Development Bank (ADB) on Friday inked an agreement for a $200 million loan to upgrade 176-km roads in Jharkhand, an official statement said.

"The financing for the Jharkhand State Roads II Project will help upgrade the existing sections of four state roads and also support improvement ...

ADB, India ink $200 million loan agreement for Jharkhand roads
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Stocks, dollar, oil and yields slide after US jobs shock
Published on Saturday, June 4, 2016 9:33 AM

LONDON - Stocks, the dollar, oil and bond yields all dived on Friday after data showing the slowest pace of U.S. job growth in more than five years stunned investors and virtually wiped out any lingering expectation the Federal Reserve will raise interest rates later this month.

Non-farm payrolls rose by just ...

Stocks, dollar, oil and yields slide after US jobs shock
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RBI sets rupee reference rate at 67.2415 against dollar
Published on Friday, June 3, 2016 6:07 PM

The Reserve Bank of India on June 3, 2016 fixed the reference rate of rupee for US Dollar at 67.2415 against 67.2533 on June 2, 2016. The Central Bank has set reference rate of rupee for the Euro at 74.9944 against 75.3035 on Thursday, RBI said in a notification.

According to an RBI statement, the exchange rates for the pound and t ...

RBI sets  rupee reference  rate at 67.2415  against  dollar
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Finance Minister to hold performance review of PSBs on Monday
Published on Friday, June 3, 2016 5:52 PM

Against the backdrop of mounting bad loans and record losses of public sector banks, Finance Minister Arun Jaitley will hold a quarterly performance review on Monday with the heads of PSBs and Financial Institutions. He would "review the overall performance of PSBs during the financial year 2015-16 as well as with regard to the flow of c ...

Finance Minister  to hold performance review of PSBs on Monday
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CEA hopeful of states containing fiscal deficit at 3pct of GSDP
Published on Friday, June 3, 2016 5:51 PM

Chief Economic Adviser Arvind Subramanian has expressed hope that states will show "prudence" and contain their fiscal deficit at 3 per cent of the GSDP. According to the Fiscal Responsibility and Budget Management (FRBM) Act, states are mandated to contain their fiscal deficit at 3 per cent of GSDP. Yet as many as 5 out of 16 state ...

CEA hopeful of states containing fiscal deficit at 3pct of GSDP
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