Business News
Sensex gains 255 pts on soft Rail budget - Indian Express

Indian Express

Sensex gains 255 pts on soft Rail budget
Indian Express
After a few days of dull trading, the stock market spiralled up today following the Railway Budget, with the benchmark Sensex soaring by 255 points on heavy buying by foreign funds and partial recovery in global stocks. ...
Last m...
Coal linkages of 25 power plants cancelled - Hindu

Coal linkages of 25 power plants cancelled
Hindu
NEW DELHI: The Union Coal Ministry on Friday cracked the whip on power companies by cancelling coal linkages of 25 captive power plants (CPPs). These plants with a combined capacity of 1292 MW required 5.844 million tonnes of coal annually. ...
Coal l...
ADAG moves SC against RIL to execute gas pact - Indian Express

Sify

ADAG moves SC against RIL to execute gas pact
Indian Express
Two days after Reliance Industries said it would move the Surpeme Court against the Bombay High Court's order on gas supply, Anil Ambani-controlled Reliance Natural Resources Ltd (RNRL) on Friday filed a special leave petition (SLP) i...
Air India staff stage walkout - Hindu

Nhatky.in

Air India staff stage walkout
Hindu
Mumbai: A large number of employees of Air India staged a walkout for two hours on Friday in protest against the delay in payment of June salaries. Around 300 employees staged a demonstration outside the Mumbai airport. ...
Air India staff warned of 'hars...
'Budget should outline vision for growth' - The Statesman

Zee News

'Budget should outline vision for growth'
The Statesman
The attention of the entire nation is on the general budget to be presented in the Lok Sabha by finance minister Pranab Mukherjee on 6 July. By all accounts, it is going to be a ?popular? budget. This was indicated by no less a person ...
Cos smell biz in wagon plan - Times of India

Hindu Business Line

Cos smell biz in wagon plan
Times of India
Wagon and coach makers are sensing new business opportunities from Railway minister Mamata Banerjee's plan to start projects under private-public-partnership (PPP) model. Private sector companies like Bombardier, Titagarh Wagons and Texm...
'Railway budget in tune with slowdown' - Hindu

Thaindian.com

'Railway budget in tune with slowdown'
Hindu
Parcels lying at the New Delhi railway station to be loaded on to the train. NEW DELHI: India Inc on Friday welcomed the Railway budget as in the right direction, progressive and forward looking and in tune with the economic slowdown. ...
Rai...
For India, this downturn is not as bad as previous ones - Livemint

Straits Times

For India, this downturn is not as bad as previous ones
Livemint
In spite of the current global recession being the worst since the Great Depression, in India the downturn has been more muted than previous ones. The Economic Survey compares the 2008-09 slowdown with previous ones in 20...
'Low' may lack sting, but monsoon largely in tact - Hindu Business Line

Hindu Business Line

'Low' may lack sting, but monsoon largely in tact
Hindu Business Line
Thiruvananthapuram, July 3 The overall picture of an entrenched monsoon continues to be in tact, though concerns are now being raised over the strength of the 'low' supposedly shaping up in the Bay of Bengal. T...
Rupee up as shares rebound ahead of budget - Reuters India

Business Standard

Rupee up as shares rebound ahead of budget
Reuters India
By V. Ramakrishnan MUMBAI (Reuters) - The rupee recouped early losses and rose on Friday, helped by gains in local shares ahead of the budget but the dollar's strength against major currencies curbed a further increase. The p...

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