ArcelorMittal on Wednesday told the Supreme Court that it was ready to pay Rs 7,000 crore - a liability which one of its sister concerns is burdened with for having 29 per cent stakes in now beleaguered Uttam Galva and KSS Petron - as it wanted to have its presence in India's steel sector and also live harmoniously with the banks.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a hike in the price for procurement of ethanol by oil marketing companies (OMCs) by over Rs 3 increasing the rate for the clean fuel derived out of 'B' heavy molasses from the current Rs 47.13 per litre to Rs 52.43.
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A family of three was found dead in mysterious circumstances in Ahmedabad's Krishna Nagar area. Police suspect that the three committed suicide; a note recovered from their home suggests that the three believed they were under the influence of black magic.
As fugitive businessman Vijay Mallya on Wednesday said he had met Finance Minister Arun Jaitley before leaving the country, the Congress took a dig at him dubbing him as "fiscal mismanagement blog minister".
The Supreme Court on Wednesday agreed to reconsider the quantum of punishment to former cricketer Navjot Singh Sidhu as he had been let off with a fine of just Rs 1,000 for causing simple injury in a 30-year-old road-rage case.
There is no relief in sight from the rising petrol, diesel and gas prices which are burning a hole in the consumers' pockets.
The state will submit a memorandum to the Centre on Thursday, seeking compensation based on the preliminary estimated loss, state industries minister EP Jayarajan said.
Prime Minister Narendra Modi on Wednesday said that 90 per cent of Indians have toilet facility at their homes now as his government had got 8.3 crore toilets constructed since 2014 to make the country free of open defecation.
Indian-American Congressman Ro Khanna has said that he wants to revoke Myanmar State Counsellor Suu Kyi's Congressional Gold Medal, the highest civilian honour in the US, which was bestowed on her with much fanfare six years ago.
Management services provider JLL on Wednesday said it is cooperating with the authorities investigating the death of five labourers in west Delhi due to inhalation of toxic gas in a sewer.
