Daily Archives: January 9, 2018

Crude oil futures jump 0.95% on global cues

Crude oil prices rose 0.95 per cent to Rs 3,943 per barrel in futures market today after participants raised bets in line with firm global trends. At the Multi Commodity Exchange, crude oil for delivery in January contracts was trading Rs 37, or 0.95 per cent, higher at Rs 3,943 per barrel in a business

Chinese solar panels may cost more: Directorate suggests 70% safeguard duty

The Directorate General of Safeguards Duty (DGS), in its preliminary report investigating the dumping of solar cells, (whether or not assembled in modules or panels), has suggested a 70 per cent safeguards duty on imports from China. The DGS has identified ‘serious injury’ to the domestic industry caused due to increasing imports and declining prices

L&T commissions 360 MW Bheramara power plant in Bangladesh

Engineering major Larsen &Toubro today said it has commissioned and handed over the 360 MW Bheramara power plant in Bangladesh. The Bheramara Combined Cycle Power Plant Development project was handed over to North West Power Generation Company Ltd (NWPGCL), a fully-owned subsidiary of Bangladesh Power Development Board (BPDB), on January 5, 2018, it said in

Jet Airways terminates two pilots involved in mid-air brawl

Jet Airways has terminated the services of two senior pilots who were involved in a mid-air brawl while operating London-Mumbai flight on January 1. A senior pilot had allegedly slapped a female commander during the flight and following the incident the two were grounded by the airline. “Consequent to the review of the events on