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Coal India production grows 5.5% in January

Coal India Ltd (CIL) on Thursday reported that its production grew by 5.5 per cent to 55.99 million tonnes (mt) in January as compared to 52.86 mt in the corresponding month last fiscal, but the production during April 2016 to January 2017 remained flat. According to provisional data, the production …

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US stocks trade mixed amid earnings, Fed meeting

US stocks pared early gains to trade mixed around midday on Wednesday, as investors digested Apple’s earnings report while awaiting the Federal Reserve’s decision on rate hikes. By noon, the Dow Jones Industrial Average edged up 3.05 points, or 0.02 per cent, to 19,867.14. The S&P 500 fell 3.83 points, …

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Kanpur building collapse toll rises to 7

 The death toll in a building collapse here in Uttar Pradesh rose to seven on Thursday, with three more labourers succumbing to their injuries, a police official said. Eight persons trapped in the debris of the six-storey under-construction apartment building, owned by SP leader Mehtaab Aalam, were also rescued, the …

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Key Indian equity market indices open higher

 Following positive budgetary announcements with a focus on rural and infrastructure spending, the key Indian equity market indices opened higher on Thursday. The Sensitive Index (Sensex) of the BSE, which had closed at 28,141.64 points on Wednesday, opened higher at 28,167.83 points. Minutes into trading, it was quoting at 28,115.65 …

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