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Govt considering to cancel NTPC's Rs 2,000-cr order
In the face of alleged multi- crore rupee kickback, which is being probed by CBI, the government is considering cancelling power PSU NTPC’s Rs 2,000-crore contract with a Russian equipment firm.

No plan to abolish import duty on rice: Sharma
Amid rice prices going up, the government today said it has no plans to abolish customs duty on rice import for now as there is sufficient stocks of the foodgrain.

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Steely move
While the deal looks beneficial for Uttam Galva as well as ArcelorMittal, the former’s stock has captured most of the positives making valuations expensive
Online Business

PM may discuss freeing auto fuel prices on Jan 13

Prime Minister Manmohan Singh may deliberate on freeing auto fuel prices when he reviews the financial health of state-run oil firms with Finance Minister Pranab Mukherjee and Oil Minister Murli Deora on January 13. Planning Commission Deputy Chairman Montek Singh Ahluwalia and former Planning Commission member Kirit S Parikh, who heads an expert committee on fuel pricing, may join the deliberations, official sources said.


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