Wednesday 25 February 2015

Top economic news of the day - February 25, 2015

Auctions for the 21 ready-to-produce coal blocks have been put off to March 2. This follows a petition filed by Sarda Energy and Minerals Ltd in the Delhi High Court.
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While acknowledging that the country's external sector indicators have proved in the first six months of 2014-15, the central bank has cautioned that there is no room for complacency in an uncertain global macroeconomic environment.
 
Auctions for the 21 ready-to-produce coal blocks have been put off to March 2. This follows a petition filed by Sarda Energy and Minerals Ltd in the Delhi High Court. 
 
Private sector companies are less keen on their capital expenditure plans, which may decline by an annual rate of 11% this fiscal, according to a survey report by Crisil.

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