Govt hikes raw jute MSP by Rs 200 to Rs 3,700/quintal for 2018-19

The decision would benefit jute farmers mainly in West Bengal, Assam and Bihar which account for 95 per cent of the country's jute production. The government in the Budget for 2018-19 had announced fixing MSPs at 1.5 times the cost of production for various crops.

Non-power coal mines to be auctioned: Government

There will be no renewal of existing FSAs of non-regulated sectors, except for central public sector enterprises and fertiliser (urea) units, after completion of their current agreement tenure.


Decision to compensate developers likely to unlock Rs 35,000 crore of investments

In all, 34 projects stretching across 3,500 km are expected to benefit immediately from the measure, said ministry sources.

Road developers get nod to divest 100% in projects 2 years after completion

There are 80 such Build, Operate and Transfer (BOT) projects awarded prior to 2009 that have been completed and the locked in equity in these projects works out to approximately Rs 4,500 crore.

Stocking up, underground

For India, emergency crude stockpile located in rock caverns beneath the hills of Visakhapatnam might be a first of its kind project, but is part of a larger plan

Cabinet revises freight corridor cost to Rs 81,459 cr

In 2008, the CCEA had pegged the dedicated freight project cost at around Rs 28,181 crore.


More mollycoddling

Sugar industry doesn’t need more packages. Link cane prices to average sugar realisations.

Cabinet clears Rs6,000 cr loan for sugar mills

Millers feel one-year moratorium clause will add to debt-laden sector’s burden.

Centre eases gas field development rules for RIL, ONGC

Companies get option to develop finds at own risk or perform DGH-prescribed conformity tests.

CCEA to weigh HDFC Bank’s FDI proposal

More than Rs 1,200 crore worth of investments are at stake, according to a finance ministry release.