Tuesday, 8 September 2015

Top economy news of the day- September 8, 2015

Maharashtra, which is reeling under severe drought, has witnessed sharp rise in demand for power. State's demand as on September 6 has risen to 18,058 MW including state distribution utility MahaVitaran's demand of 15,891 MW and 2,167 MW of Mumbai due scanty rainfall and extended summer in most parts of the state.


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Maharashtra, which is reeling under severe drought, has witnessed sharp rise in demand for power. State's demand as on September 6 has risen to 18,058 MW including state distribution utility MahaVitaran's demand of 15,891 MW and 2,167 MW of Mumbai due scanty rainfall and extended summer in most parts of the state.

At the close of bidding in the e-auctions for private FM Radio channels under the Phase III expansion, 97 channels in 56 cities became provisional winning channels with cumulative provisional winning price of about Rs11.6bn.

Coffee exports jumped by 14% to 0.143mn tonnes during April-August period of this fiscal from 0.126mn tonnes in the year-ago period despite lower global prices, according to the Coffee Board.

TRAI is considering making it mandatory for telecom operators to disclose their network capacities periodically, as the regulator feels that call drop problem needs to be examined in entirety.

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