CERC has told the nodal Ministry that it is the full responsibility of Coal India to meet the full requirement of coal under FSAs even by resorting to import, if necessary.

The Central Electricity Regulatory Commission has said that Coal India should meet the full requirement of coal under fuel supply agreements (FSAs) with power utilities. The regulatory co... »

Related: Coal India modifies provisions in model fuel supply pact
Related: CIL board okays renewal of fuel supply pacts with non-power consumers

Gold caught in a range; Trade awaits US Fed signal

In early trade, spot gold ruled at $1,378.26 an ounce in Singapore, while gold futures maturing in June ruled at $1,377.

Gold prices on the spot and futures market are likely to be range-bound on Wednesday as the yellow metal is caught between speculation over the continuing of US stimulus programme and investors ca... »

Sensex up 56 points; TECk, IT stocks major gainers

Indian markets were trading higher by over 0.2 per cent in the late morning session on Wednesday on selective buying by funds and retail investors amid firm Asian cues. At 11.20 a.m., th... »

Related: Rupee opens flat at 55.36

Agri-biz

Monsoon-related rain seen over Kerala coast
Rainfall related to the onset of monsoon has been forecast for the Kerala coast from Friday/Saturday, according to a US-based forecasting agency. Climate Forecasting System of the US Nat... »

International

US Senate panel passes Immigration Reform Bill
The landmark Immigration Bill, which offers a path to citizenship for more than 11 million — including over 260,000 Indians — undocumented immigrants and increasing H-1B visas today passed its fir... »

Stock Markets

Firms violating minimum public holding norm will face backwash: U. K. Sinha
Penalty will be lower for companies that make genuine efforts to meet norm: SEBI chief »
Info-tech

Yahoo! redesigns photo-sharing site Flickr
Flickr - the site and the Android app - got updated today. There is more to the new Flickr than just redesign. Every user will get one terrabyte of space. Flickr is a par... »

Info-tech

Infosys redux: Not the first time for Phaneesh
It’s not the first time when Phaneesh Murthy has been asked to step down on charges of sexual impropriety. Back in 2002 Murthy was charged by an employee at Infosys, Reka Maximovitch. In... »

Related: It’s a case of extortion: Phaneesh Murthy

Industry

Tata group to scale up investments in China: Mistry
Chinese Premier visits TCS centre in Mumbai »
National

Panel says no to export of iron ore pellets from Karnataka
The Supreme Court-appointed Central Empowered Committee here today ruled out any possibility of allowing export of iron ore pellets from Karnataka-based miners. The team of CEC officials... »

Info-tech

Apple used subsidiaries to dodge billions in taxes: US panel
Apple, the top US computer and smart phone manufacturer, used a complex web of offshore entities to avoid billions in taxes, a Senate panel has alleged.The electronics giant’s rootless subs... »

Economy

Shashi Kant Sharma appointed as new CAG
Defence Secretary Shashi Kant Sharma has been appointed as Comptroller and Auditor General of India (CAG). He will be the 12th CAG of India.Sharma, an IAS officer, will assume charge on May... »