Indian Power Sector News

NPAs may continue to crimp banks' earnings for rest of FY18 - Livemint

Mon, 14/08/2017 - 3:21am

Livemint

NPAs may continue to crimp banks' earnings for rest of FY18
Livemint
Mumbai: Asset quality concerns continue to plague India's banks, especially those owned by the government, and analysts expect June quarter's pain to remain in 2017-18. Thirty-seven of the 38 listed banks that reported June quarter ... To be sure ...

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Agriculture, power, auto pressure adds to cloud of bad loans - The Indian Express

Mon, 14/08/2017 - 2:17am

The Indian Express

Agriculture, power, auto pressure adds to cloud of bad loans
The Indian Express
Falling income of taxi drivers working for cab aggregators, which has forced some of the country's biggest lenders to cut back on new car loans and tweak underwriting norms for this category — one of the fast-growing segments in the auto loan sector ...

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Green companies may slip into red if forced to cut tariffs: Banks - Economic Times

Mon, 14/08/2017 - 12:12am

Economic Times

Green companies may slip into red if forced to cut tariffs: Banks
Economic Times
In an August 9 letter to the secretary, ministry of power, the Indian Banks' Association has urged prompt intervention on behalf of the developers and cautioned the government that such actions by state distribution companies (discoms) would discourage ...

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Nitish Kumar pitches for a uniform power tariff rate in the country - The Indian Express

Sun, 13/08/2017 - 10:46pm

Nitish Kumar pitches for a uniform power tariff rate in the country
The Indian Express
Bihar Chief Minister Nitish Kumar on Sunday pitched for a uniform electricity tariff rate across the country on the lines of railway fares. “A lot of work has been done in the state in energy sector be it generation, transmission, distribution…Now ...

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Terrorists in Kashmir now on the run: Jaitley - Times of India

Sun, 13/08/2017 - 6:55pm

Times of India

Terrorists in Kashmir now on the run: Jaitley
Times of India
"We want India to become a global power in defence manufacturing sector, and towards that end, we are encouraging private players to come forward. We will, of course, also continue to strengthen our ordnance factories and defence PSUs," the minister said.
Terrorists now on the run as security forces dominating in Kashmir, says Arun JaitleyThe Indian Express

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Terrorists now on the run as security forces dominating in Kashmir, says Arun Jaitley - The Indian Express

Sun, 13/08/2017 - 4:02pm

Times of India

Terrorists now on the run as security forces dominating in Kashmir, says Arun Jaitley
The Indian Express
Commenting on India's defence production, Jaitley said his government was committed to bolstering domestic production for the defense sector. “We want India to become a global power in defence manufacturing sector, and towards that end, we are ...
Terrorists in Kashmir now on the run: JaitleyTimes of India

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Doklam standoff: Diplomatic channels active, India must be ready for long long haul, former India's envoy - Economic Times

Sun, 13/08/2017 - 4:02pm

Economic Times

Doklam standoff: Diplomatic channels active, India must be ready for long long haul, former India's envoy
Economic Times
NEW DELHI: As the Doklam standoff shows no signs of easing amid reports of India and China enhancing troop deployment, India will have to be patient and be prepared for a long haul while keeping diplomatic channels active, a former envoy to Beijing who ...
Doklam standoff: US expert says India showing maturity in dealing with 'tantrum-throwing' ChinaThe Indian Express
India Showing Maturity On 'Tantrum-Throwing' China On Doklam: US ExpertNDTV
India behaving like mature power in Doklam standoff: US defence expertDoordarshan

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AI, automation to be next disruptions for Indian businesses: Report - Economic Times

Sun, 13/08/2017 - 11:57am

Economic Times

AI, automation to be next disruptions for Indian businesses: Report
Economic Times
"The advent of artificial intelligence, sharing economies, automation and digital currencies are likely to disrupt the face of the Indian business landscape as we know it today," said Prateek Pant, Head of Products and Solutions, Sanctum Wealth ...

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How Reliance Jio, Flipkart, Paytm are helping India in nation building - Economic Times

Sun, 13/08/2017 - 10:26am

Economic Times

How Reliance Jio, Flipkart, Paytm are helping India in nation building
Economic Times
Can their very different kind of contribution hold a candle to Indian private sector behemoths likes Larsen & Toubro (L&T) or Tata Steel, which built steel plants, power plants, ports, airports, tollroads and bridges — and in the process helped ...

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1Here is how private cos like Jio, Flipkart, Paytm are helping India in nation building - Economic Times

Sun, 13/08/2017 - 1:05am

Economic Times

1Here is how private cos like Jio, Flipkart, Paytm are helping India in nation building
Economic Times
Can their very different kind of contribution hold a candle to Indian private sector behemoths likes Larsen & Toubro (L&T) or Tata Steel, which built steel plants, power plants, ports, airports, tollroads and bridges — and in the process helped ...

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India to add 7000 MW nuclear power capacity says Piyush Goyal - The Indian Express

Sat, 12/08/2017 - 5:02pm

The Indian Express

India to add 7000 MW nuclear power capacity says Piyush Goyal
The Indian Express
In a veiled reference to Donald Trump's rejection of the Paris climate change agreement, Goyal said India does not agree with the US President's views on the issue. "There is an effort and an attempt by some senior leaders of very large countries to ...

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Doklam standoff: US expert says India showing maturity in dealing with 'tantrum-throwing' China - The Indian Express

Sat, 12/08/2017 - 3:59pm

The Indian Express

Doklam standoff: US expert says India showing maturity in dealing with 'tantrum-throwing' China
The Indian Express
Amid the standoff at Doklam plateau in Sikkim sector between Indian and Chinese troops, India on Friday told Bhutan to not get intimidated by Beijing's angry rhetoric, even as Bhutan urged New Delhi to amicably resolve the border stand-off with China ...
India Showing Maturity On 'Tantrum-Throwing' China On Doklam: US ExpertNDTV
Doklam standoff: "Diplomatic channels active, India must show staying power'Business Standard
Hostile Relationship Between Two Countries Has Little To Do With Trade In Globalised Era, China ProvesOutlook India

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JSW Energy Commits $624 Mn To Launch Electric Vehicles By 2020 - Inc42 Media

Sat, 12/08/2017 - 2:47pm

Inc42 Media

JSW Energy Commits $624 Mn To Launch Electric Vehicles By 2020
Inc42 Media
Mumbai-headquartered JSW Energy, a division of Sajjan Jindal-led JSW Group, has announced plans to launch electric vehicles (EVs) by 2020. In line with the ...

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India Showing Maturity On 'Tantrum-Throwing' China On Doklam: US Expert - NDTV

Sat, 12/08/2017 - 12:46pm

Financial Express

India Showing Maturity On 'Tantrum-Throwing' China On Doklam: US Expert
NDTV
India is "behaving like a mature power" in tackling the Doklam standoff in the Sikkim sector and making China look like an adolescent throwing a "temper tantrum", a top American defence expert has said. India and China have been locked in a faceoff in ...
Hostile Relationship Between Two Countries Has Little To Do With Trade In Globalised Era, China ProvesOutlook India

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UK, Indian varsities to build 5 solar power stations - The Hindu

Sat, 12/08/2017 - 8:03am

The Hindu

UK, Indian varsities to build 5 solar power stations
The Hindu
Swansea University says the project is in line with Indian government's plans to turn the country into a solar energy leader, leap-frogging fossil fuels and to boost the Indian manufacturing sector. One of the key aims of the SUNRISE project for India ...

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SBI posts big rise in Q1 profit despite NPA spike - The Indian Express

Sat, 12/08/2017 - 2:52am

The Indian Express

SBI posts big rise in Q1 profit despite NPA spike
The Indian Express
The operating income of the bank fell by 5.17 per cent to Rs 25,612 crore during April-June quarter of 2017-18, as against Rs 27,007 crore in the same period a year ago. Of the other key metrics, bank's fee income increased to Rs 4,870 crore during ...
SBI's Bad Loan Pile-Up Shows Indian Banks' Stressed Assets Yet To PeakBloombergQuint
Indian finance is missing its mojoHindu Business Line

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'Unstable power, a big barrier in India' - The Hindu

Sat, 12/08/2017 - 12:30am

The Hindu

'Unstable power, a big barrier in India'
The Hindu
The development comment comes ahead of Japanese Prime Minister Shinzō Abe's India visit next month during which discussions on bilateral discussions on cooperation in the energy sector would get priority. Incidentally, Japan had commited to develop ...

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Post-UDAY, private sector may get a greater role in power ... - Hindu Business Line

Fri, 11/08/2017 - 11:42pm

Hindu Business Line

Post-UDAY, private sector may get a greater role in power ...
Hindu Business Line
Green shoots already visible, but structural changes are needed for long-term gains, say experts.

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Survey has made a candid assessment of the economy, says India Inc - Hindu Business Line

Fri, 11/08/2017 - 10:58pm

Hindu Business Line

Survey has made a candid assessment of the economy, says India Inc
Hindu Business Line
... from two consecutive although short-term impacts emanating from demonetisation and the GST, the economy continues to suffer from deficient investment and export demand, appreciating rupee, macro implications from farm loan wavers in addition to ...
India's mid-year Economic Survey says fiscal outlook cloudedEconomic Times
Economic survey reflects optimism, anxiety: Industry bodiesThe Indian Express
5.4 Lakh New Tax Payers Added Post Demonetisation: CEA Arvind SubramanianIndia.com
The Telegraph -Hindustan Times -Business Standard -The Economic Times
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Economic survey reflects optimism, anxiety: Industry bodies - The Indian Express

Fri, 11/08/2017 - 7:49pm

The Indian Express

Economic survey reflects optimism, anxiety: Industry bodies
The Indian Express
The survey on Friday said bringing electricity under GST would improve the competitiveness of Indian industry because taxes on power get embedded in manufacturers' costs, and can be claimed back as input tax credit. For the telecom sector, the survey ...
Survey has made a candid assessment of the economy, says India IncHindu Business Line
India's mid-year Economic Survey says fiscal outlook cloudedEconomic Times
5.4 Lakh New Tax Payers Added Post Demonetisation: CEA Arvind SubramanianIndia.com
Business Standard -The Telegraph -Hindustan Times
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