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New policy will ban passing on of losses to consumer: Power Minister

"In the new policy, we are building the rights of the consumers. Right now there is no charter of rights of electricity consumers," Singh said. from Moneycontrol Business News https://ift.tt/37rMCvV

GoM constituted to expedite implementation of Rs 69,000 cr revival plan of BSNL, MTNL: Sources

"There are crucial elements like business viability, workforce, issue of bonds, monetisation and 4G spectrum allotment in the revival package. The GoM will expedite and oversee the plans," the sources said. from Moneycontrol Business News https://ift.tt/2ZxVyNa

Exports to rebound in 2020 but growth to remain subdued

Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due to a decline in petroleum products, which constitute 13.42 percent of overall outward shipments. from Moneycontrol Business News https://ift.tt/2Qpjw9s

Time to create monolith PSU general insurer?

The finance ministry is in the early stages of forming one single public-sector general insurer from Moneycontrol Business News https://ift.tt/2Q6gVCx

Top-10 movies that set the box office on fire in 2019; No 1 earned Rs 293 crore this year

The year was a good one for actor Akshay Kumar, with three of his releases making it to the list of highest grossers this year. from Moneycontrol Business News https://ift.tt/2ZwOxfy

Air India pays October allowances to pilots

Last week, the government provided a Rs 500-crore guarantee to the national carrier to help it secure fresh funds for operational requirements. from Moneycontrol Business News https://ift.tt/2t5RXtM

Gold rises for 5th day at Rs 38,944 per 10 grams, up 22.81% in 2019 so far

In the futures market, gold rate touched an intraday high of Rs 38,980 and an intraday low of Rs 38,787 on MCX. from Moneycontrol Business News https://ift.tt/2MzXPlR