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JPL commissions 600 MW unit in Chhattisgarh

Raigarh (Chhattisgarh) , March 31 Jindal Power Limited (JPL), a company promoted by Jindal Steel and Power Limited (JSPL), has successfully commissioned the second unit of its 4x600 MW expansion project in Chhattisgarh's Raigarh district, a release said Monday

Business comfortable with UPA; Modi for crony capitalism: Chidambaram (Roundup)

New Delhi , March 31 The Indian economy is more stable than it was 20 months back and businesses are comfortable with the UPA, Finance Minister P. Chidambaram said Monday hitting back at BJP's criticism of economic mismanagement.

Chidambaram defends new gas price to producers

New Delhi , March 31 The new price approved by the cabinet for domestically produced natural gas is the right decision, Finance Minister P.Chidambaram said here Monday.

Sensex hits record high for sixth consecutive day (Lead)

Mumbai , March 31 A benchmark index of Indian equities markets Monday touched a new high of 22,467.21 points for the sixth consecutive day, surpassing its previous record high of 22,363.97 points hit Friday.

Current account deficit will come down to $35 bn: Chidambaram

New Delhi , March 31 Finance Minister P. Chidambaram Monday said the government is hopeful of meeting major fiscal consolidation targets and the country's current account deficit is estimated to come down to $35 billion in the 2013-14 from a record high of $88 billion.

Protest disrupts Delhi traffic, two Metro stations shut (Lead)

New Delhi , March 31 A religious gathering and protest on a disputed land Monday led to disruption in traffic movement in east Delhi and shutting down of two Metro stations for almost eight hours.

Jindal Power starts second 600 MW unit of Chhattisgarh plant

New Delhi , March 31 Jindal Power Ltd, a subsidiary of Jindal Steel & Power, has commenced production at the second 600 MW unit of the Tamnar power project at Raigarh, Chhattisgarh, JSPL said Monday.

Modi's business brand is 'crony capitalism', says Chidambaram

New Delhi , March 31 Finance Minister P. Chidambaram Monday criticised BJP prime ministerial candidate Narendra Modi saying that his brand of liberalism is "crony capitalism" and aims to appease only a section of businesses.

Indian economy more stable; deficits will come down: Chidambaram (Lead)

New Delhi , March 31 Finance Minister P. Chidambaram Monday said the Indian economy is more stable than it was 20 months back and the government is hopeful of meeting major macro-economic targets, including fiscal and current account deficits.

NTPC launches 45 MW solar, 500 MW thermal power

New Delhi , March 31 State-run generator NTPC has commenced commercial production of a cumulative 45 MW solar power from three stations, the company said Monday.