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POWERGRID posts PAT of Rs 3,598 cr, total income of Rs 11,697 cr for Q1FY27

India, Aug. 7 -- Power Grid Corporation of India Limited (POWERGRID), a 'Maharatna' company under the Ministry of Power, Government of India, has announced its financial results for the first quarter ... Read More


Kartavya Bhavan sets green benchmark, cuts electricity use by 76 per cent

India, Aug. 7 -- 'Sarkari daftar' often conjures a drab and unimaginative image. Defying this stereotype, the Kartavya Bhawan has become a trendsetter with world-class green building features, consumi... Read More


Creamy layer principle not applicable to quotas for SCs, STs: Govt's affidavit to SC

India, Aug. 7 -- The Centre has told the Supreme Court that the principle of creamy layer was not applicable to reservation for Scheduled Castes (SCs) and Scheduled Tribes (STs). The Government has o... Read More


Gold jumps to 7-week high of Rs 1.53 lakh/10g

India, Aug. 7 -- Gold prices rallied for the third straight session, soaring by Rs 3,800 to a seven-week high of Rs 1.53 lakh per 10 grams in the national capital on Thursday, aided by rupee depreciat... Read More


Coal supply for power sector comfortable in July: Govt

India, Aug. 7 -- The Government on Thursday said domestic coal supply for the power sector remained comfortable in July, with total stocks of about 148 million tonnes - enough to meet roughly 62 days ... Read More


Panel urges water cess framework for hydropower projects

India, Aug. 7 -- A parliamentary panel on Thursday suggested the power ministry to devise a viable water cess framework for hydroelectric projects in the country that are mutually agreeable between th... Read More


Sensex climbs 374 points on buying in Reliance, ICICI Bank

India, Aug. 7 -- Benchmark BSE Sensex climbed 374 points on Thursday, drawing support from moderation in crude oil prices and buying in heavyweights Reliance Industries and ICICI Bank. After trading i... Read More


Rupee falls 16 paise to close at 95.24 against US dollar

India, Aug. 7 -- The rupee depreciated 16 paise to close at 95.24 (provisional) against the US dollar on Thursday, on slight gains in the US Dollar Index and a modest increase in US Treasury yields. ... Read More


PNB Housing eyes Rs 100 cr micro-loan book in FY27

India, Aug. 7 -- PNB Housing Finance expects its newly launched micro-housing loan business to reach around Rs 100 crore by the end of the current financial year as it expands deeper into the affordab... Read More


SEBI mulls streamlining rules for stock exchanges, clearing corporations

India, Aug. 7 -- Markets regulator SEBI on Thursday proposed streamlining rules for stock exchanges and clearing corporations, including a separate Master Circular for clearing corporations, to elimin... Read More