Steel cos profit to stay low
The margins of steel companies are likely to remain under pressure in the second quarter starting July as raw material prices are expected to rise while there is little headroom for increasing prices.
Mirwaiz held, released later
The Srinagar police on Thursday arrested Kashmir’s chief Muslim cleric and leader of his faction of Hurriyat Conference alliance Mirwaiz Umar Farooq, along with dozens of supporters and senior colleagues on way to the office of United Nations Military Observers Group in India and Pakistan (UNMOGIP) here.
RBI mulls rate war for savings accounts
You may soon be earning more on your savings bank account. India’s banking regulator, Reserve Bank of India, is in favour of deregulating all interest rates, including savings bank deposit rates.
With 5,920 votes, Mallya enters RS again
As expected, industrialist, Dr Vijay Mallya has made it to the Rajya Sabha along with M. Venkaiah Naidu and Aayanur Manjunath of the Bharatiya Janata Party and Oscar Fernandes of the Congress party.
75-yr-old found dead in Kalkaji
The body of a 75-year-old man was found dead in his house at Kalkaji in southeast Delhi on Thursday. The police is not suspecting any foul play. According to the police, the body of Ramprakash Sehgal, a resident of Vaishali Apartments in Kalkaji Extension, was discovered around 2 pm. Mr Sehgal’s neighbour, Ravi Kumar, noticed that
Intach launches textile conservation unit
After monuments and other heritage sites, the Intach, a non-profit organisation dedicated to conservation of art and heritage, has now set its eyes on conserving textile heritage.
Teachers in DU protest centralised sports trials
Sports teachers in Delhi University held a protest over conducting centralised sports trials in the university. The authorities reiterated saying that the trials have been centralised in the interest of the students.
NCW seeks report from Delhi police
The National Commission for Women (NCW) on Thursday asked for a report from the Delhi police on the alleged torture of a girl along with her friend to death for wanting to marry against the wishes of her family.
Infra craze returns to market
Investor sentiment seems to be turning positive on the engineering and construction sector once again. Increasing order inflows, improvement in project execution and high expected spending are providing the stimulus. The government’s spending on infrastructure projects is also expected to pick up significantly in the next few years.
Karat: N-bill handiwork of US lobby
The CPI(M) has said that the verdict in the Bhopal gas tragedy is of “direct relevance” to the Nuclear Liability Bill and maintained that the bill “bears the handiwork of the US nuclear industry lobby”.