A third diamond from the Baghain river basin near Kalinjar in Banda district has paved the way for mining of the precious mineral in Uttar Pradesh. The Department of Minerals and Mining had launched a survey of the river basin a few years back.
The first diamond was found in 2005 and the second in 2007. [...]

In another move on the Public Private Partnership (PPP) front, railways on Tuesday signed an agreement with Reliance Energy Group’s Rosa Power Supply Company Ltd to transport coal.
According to the agreement, railways will supply about 3 million tons of coal a year to Rosa. The company, in turn, will generate demand for the coal [...]

Uttar Pradesh on Tuesday ruled out reducing Sales Tax (ST) on petroleum products to give a breather to people following hike in petro prices announced by the central government.
UP Development Council Chairman and Samajwadi Party General Secretary said the state was not in a position for “financial experiments” at this stage.
“The Congress-ruled states can afford [...]