Commodity Alert: LME base metals mixed; dlr rise offsets upbeat data

Friday, Oct 23, 2020                                          Tel +91 (22) 6619-0000Commodity Alert: LME base metals mixed; dlr rise offsets upbeat US data NEW DELHI–0855 IST–Futures contracts of base metals were mixed today on LME as the gains from better-than-expected initial […]

Govt may not provide more funds for recapitalisation of PSU bks FY21

Friday, Oct 23, 2020 –Govt source: To allocate 200 bln rupees to PSU banks by Feb By Tushar Chakrabarty and Sagar SenNEW DELHI – The government is unlikely to give more funds to recapitalise public sector banks in the current financial year ending March, a finance ministry official said.”We are working with what has been allocated as part […]

Maharashtra sugar body seeks approval to make alcohol from B-molasses

Friday, Oct 23, 2020 By Preeti Bhagat NEW DELHI – The Maharashtra State Cooperative Sugar factories Federation Ltd, in a letter to the food ministry, has urged the government to allow mills to produce and sell alcohol, rectified spirit, extra neutral alcohol and special denatured spirit from B-heavy molasses and sugarcane juice, said Sanjay Khatal, managing director of […]

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