In the wake of shortage of fuel in thermal power plants due to inadequate transportation facilities, Coal India (CIL) has been asked to expedite the signing of private siding agreement with Railways. The process, which started in 2014, has been shuttling between the two ministries since then.

A railway siding is an area which is used for loading and unloading of coal in train rakes.

Shopping malls in India may soon steal the limelight from digital advertising and e-commerce platforms like Google, Facebook, Instagram, Amazon, Flipkart, etc., that are used by Indian and global consumer brands to target shoppers.

Taking the 'phygital' platform route, mall owners are expected to make significant investments to not just be relevant, but also stay a step ahead of their digital counterparts by offering real-time insights/data to brands being housed inside their premises.

A dry run of mid-air refuelling of Tejas fighter jet by an Indian Air Force aircraft was successfully conducted, a defence source said Tuesday.

The test conducted involved a dry linkup, meaning no fuel was actually transferred between Indian Air Force Il-78 tanker and Tejas fighter jet through its air-to-air refuelling probe, the source told PTI here.

With the continued fall in the rupee, economists and bond market participants expect the Reserve Bank of India (RBI) to hike rates in its October policy.

The rupee closed at 71.57 a dollar, down from its previous record close of 71.18. Other emerging markets currencies also fell against the dollar. The Indian central bank did not prevent the rupee’s fall.

The government hinted on Tuesday that Life Insurance Corporation might seek an exemption from the Securities and Exchange Board of India (Sebi) from making an open offer to the minority shareholders of state-owned IDBI Bank, in which the insurer is set to buy a 51 per cent stake.

Markets regulator Sebi has slapped a total fine of Rs 7.45 million on 48 entities for fraudulent trading in the shares of Vandana Knitwear Ltd.

The entities have been fined for violating PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) regulations.

Two-and-a-half years after an under-construction flyover in north Kolkata came down and killed 26, a portion of a 40-year-old bridge in southwest Kolkata collapsed during the afternoon rush hour on Tuesday.

At least, 19 people were injured and five feared dead. At the time of the incident, at least five cars, a minibus and three two-wheelers were on the bridge, said witnesses.

Amazon.com Inc on Tuesday became the second US company to reach $1 trillion in stock market value, just weeks after Apple Inc hit the same milestone on Aug 2.

Shares in the world's largest online retailer last traded up 1.4 per cent at $2,041.68. Its shares hit the $2050.2677 level to give its stock a value of $1 trillion.

Only 10 per cent of India's 1.3 billion people know English. Yet most of the country's e-commerce services have been offered only in English, closing off online shopping to the vast majority of people here.

Now Amazon is aiming to break through that language barrier. The e-commerce giant on Tuesday offered a hearty “namaste” to this country’s half a billion Hindi speakers by making its local website and apps available in India’s most popular language.

As many as 15 people, who were borrowers in the Rs 600 million SBI loan scam in Virudhanagar and Theni districts of Tamil Nadu, have died under suspicious circumstances in the last six months, The Times of India reports. Another borrower has gone missing.

According to the ToI report, police has confirmed that all those found dead were from Virudhnagar and nearby villages and had loans in their name, however, there has not been a probe into these deaths.

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