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Delhi regulator orders NTPC to hold off on cutting power supply

  New Delhi / Bloomberg New Delhi’s electricity regulator directed state-run utility NTPC Ltd. to refrain from cutting supplies to two city power retailers over unpaid dues after the generator threatened to halt sales to India’s capital. In a meeting, the Delhi Electricity Regulatory Commission asked NTPC and the two distributors — BSES Rajdhani Power Ltd. and BSES Yamuna Power ...

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Indian gold imports fall Rs60 billion

  New Delhi / Bloomberg Indian gold imports slumped for the third straight month in April as a rally in prices sapped demand, according to a person familiar with provisional Finance Ministry data. Overseas purchases fell 74 percent to about 22.3 metric tons valued at 60 billion rupees ($901 million), compared with 84.3 tons or 193 billion rupees a year ...

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Strike over pension reforms and tax hikes paralyses Greece

  Athens / AFP Public transport ground to a halt in Greece as trade unions launched a 48-hour general strike against government plans to overhaul pensions and increase taxes, as demanded by international creditors. No trains were running across the country, and boats linking the Greek mainland to the islands were anchored at ports. In the capital Athens, the metro, ...

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