Special: Why ammonium nitrate is favourite tool of terror

It is used in fertilisers and insecticides. Construction companies cannot do without it. But that's not what's made ammonium nitrate a household name. Rrishi Raote and Aabhas Sharma look at the......

Markets remain weak, banking shares dip further

Markets ended flat after it staged a recovery in late-noon deals.Weakness in banks and capital goods shares, along with volatility ahead of the F&O expiry took the Sensex to a low of 19,042.The......

Govt raises Rs 310 cr from RCF stake sale

The government on Friday raised Rs 310 crore (Rs 3.1 billion) from sale of 12.5 per cent stake in Rashtriya Chemicals and Fertilisers Ltd (RCF) in an offer for sale that managed full subscription......

Government to put a cap on energy usage by companies

Big corporations in India, including Tata Steel, Jindal Power and NTPC, will have to keep a tab on power usage at their plants as the government is setting a cap on the energy consumption of large......

Fertiliser ministry asks for Rs 65,000 cr subsidy

The fertiliser ministry has requested the finance ministry to provide it about Rs 65,000 crore (Rs 650 billion) in supplementary grants for disbursal of subsidies to the manufacturing companies.......