February, 2018 | DIN NEWS

NTPC Q3 net profit slips 4%; declares 27% interim dividend

February 1, 2018 strong

State-run power giant NTPC’s standalone net profit dropped by 4.4 per cent to Rs 2,360.81 crore in the third quarter quarter ended December 31. The company’s standalone net profit was Rs 2,469.26 crore in the quarter ended December 31, 2016, NTPC said in a BSE filing today. Its total revenue increased to Rs 21,087.84 crore in the third quarter, as compared to Rs 19,646.09 crore in the year- ago period. Besides, approving the financial results the board of directors in its meeting held today also decided to pay interim dividend…

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Rupee breaks 2-day fall on budget eve; focus on FOMC outcome

February 1, 2018 strong

The rupee finally broke out of its two-day consolidative trading range and managed to end higher by 2 paise at 63.58 against the US dollar ahead of the Union Budget. A broadly weaker greenback overseas along with sliding crude also provided a much needed support to the rupee. But, a caution ahead of release of macro-economic data — core sector growth and revised GDP data — kept the sentiment in check and saw the domestic currency falling to fresh one-week low of 63.75 in early trade before the recovery. Dollar…

NEWS CATEGORIES WORLD NEWS

China urges Trump to ‘Cold War mentality’

February 1, 2018 strong

Beijing criticised the “outdated Cold War mentality” of the United States today after President Donald Trump named China among threats to American values in his State of the Union address. In recent weeks, US officials have laid the groundwork for a strategic pivot that envisions a world of renewed great power competition with the likes of Russia and China. In his State of the Union address to Congress and the nation on Tuesday, Trump described Moscow and Beijing as challenging “our interests, our economy, and our values”. In Beijing today,…

NEWS CATEGORIES WORLD NEWS

Pak court issues notices to Sharif, aides on contempt petition

February 1, 2018 strong

The legal woes of Pakistan’s ousted prime minister Nawaz Sharif and his family mounted today when a top court issued notices to them for allegedly committing contempt of court during a rally in Punjab province last week. The Lahore High Court issued notices to the federal government, Election Commission of Pakistan and the Pakistan Electronic Media Regulatory Authority (Pemra) to submit their reply by February 14. Petitioner Amina Malik told the court that Sharif, his daughter Maryam, son-in-law Capt (retd.) Muhammad Safdar, Interior Minister Talal Chaudhry and Punjab law minister…

NATIONAL NEWS NEWS CATEGORIES

Kasganj violence: Prime accused in murder of youth held: Cops

February 1, 2018 strong

The prime accused in the murder of Chandan Gupta in Kasganj was arrested today as the strife-torn western Uttar Pradesh town, which saw communal clashes last week, moved towards normalcy despite tension in some pockets, officials said. The UP government submitted a report on the incidents in Kasganj to the Union Home ministry conveying that the police were probing the violence and whether it was pre-planned, an official said. “Saleem, the main accused, has been nabbed,” IG, Aligarh range, Sanjeev Gupta said. Aged below 30, Saleem, and his two brothers,…

NATIONAL NEWS NEWS CATEGORIES

Mamata to flag off construction of 8700 km of rural road

February 1, 2018 strong0 comment

Ahead of the panchayat election in the state, West Bengal Chief Minister Mamata Banerjee will kick-start major state-wide projects for new roads and doubling of existing ones. “In order to strengthen the rural road infrastructure in the state, Chief Minister Mamata Banerjee will on February 12 at Nadia flag off the construction of 8700 km of rural road projects spread across the state,” said Pradip Kr Mazumdar, the agriculture advisor to the chief minister. “Out the 8700 kms of roads approximately 75 per cent will be new grameen (village) roads…