Controversy over jobs resurfaces

While Employees State Insurance Corporation data shows job creation in February had dropped, Employees' Provident Fund Organisation said it had actually shown robust growth. Illustration: Dominic Xavier/Rediff.com Job creation dropped by 1.73 per cent in February to 15.03 lakh compared to 15.30 lakh in the same month last year, according to the latest payroll data of the Employees State Insurance Corporation (ESIC). The data showed that during September 2017 to February 2019, nearly 3 crore ...
Rediff.com, 1 hour(s) ago
Also from: NDTV, Hindu Business Line and 4 other sources

At ₹4,800 crore, GAIL emerges the top bidder for IL&FS’ wind assets

With an offer of ₹4,800 crore, state-owned GAIL has emerged as the highest bidder for the seven wind power plants of debt ridden Infrastructure Leasi
Hindu Business Line, 1 hour(s) ago
Also from: Reuters, Money Control

Blackstone buys majority stake in packaging firm Essel Propack

U.S.-based Blackstone Group agreed to buy a 51 percent stake in Essel Propack Ltd, India's largest rigid plastic packaging provider said on Monday.
Reuters, 2 hour(s) ago
Also from: Reuters, Money Control and 1 other source

Crude Hits 2019 High As US To End Waivers On Iran Oil Imports

Iran's exports have fallen to less than 1 million barrels per day from more than 2.5 million bpd before sanctions were re-imposed a year ago. International benchmark Brent rose 2.6 per cent to $73.87 a barrel after earlier touching $74.31 Washington: The ...
NDTV, 3 hour(s) ago
Also from: Money Control, NDTV and 5 other sources

India VIX jumps to 3-year high on election concern, high crude

The India VIX, the fear gauge for domestic equities, rose 5.76 per cent to settle at 24.05, after an intra-day high of 24.56.
Money Control, 2 hour(s) ago
Also from: NDTV, Reuters and 1 other source

SpiceJet To Deploy Sub-Leased Aircraft From Jet Airways Lessors: Report

Other airlines such as Air India have also evinced interest in sub-leasing Jet's grounded aircraft. At present, SpiceJet has a fleet of 48 Boeing 737, 27 Bombardier Q-400s and two B737 freighters Mumbai: Airline major SpiceJet will induct around 22 aircraft ...
NDTV, 2 hour(s) ago
Also from: Hindu Business Line, Rediff.com and 1 other source

Hindustan Zinc poised to emerge among top five global producers of silver

The company is now the ninth largest silver producer in the world, placing India into top dozen of silver producing countries. By Rakhi Mazumdar , ET Bureau | Apr 22, 2019, 09.00 PM IST Agencies Hindustan Zinc is the only integrated silver producer in India ...
Economic Times, 2 hour(s) ago
Also from: NDTV, Rediff.com

Crude oil prices weigh on Sensex

Have risen over 35% so far this year
Hindu Business Line, 2 hour(s) ago
Also from: NDTV, Hindu Business Line and 1 other source

RBI reserves: Bimal Jalan panel may line up Rs 3 lakh crore for transfer

As of September last, the excess capital with the central bank stood at Rs 9.6 lakh crore.
Money Control, 7 hour(s) ago
Also from: Money Control, NDTV and 4 other sources

SpiceJet and Emirates enter into code-share agreement

SpiceJet and Dubai-headquartered airline Emirates have signed a memorandum of understanding to enter into a reciprocal codeshare agreement that is set
Hindu Business Line, 4 hour(s) ago
Also from: NDTV, Hindu Business Line and 3 other sources