Wednesday, Jun 20, 2018 | Last Update : 05:28 AM IST

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Business

The market is recognising Indian macro’s growing stability as evidenced by the 37 per cent fall in the country’s beta in relation to the emerging markets since December 2014 to a 13-year low.

India to perform better than EMs

DC CORRESPONDANT | PTI

“To the extent that rising oil prices is demand led, the deterioration in India's terms of trade is offset by stronger exports,” it said.

US President Donald Trump.

US plans to levy $200b extra tariff on China

DC CORRESPONDANT | PTI

No definite timeline provided for implemenation of the penalties.

Union Minister Piyush Goyal said on Tuesday that oil bonds issued by the previous UPA government are being serviced currently by the National Democratic Alliance (NDA) regime.

Oil bonds issued by UPA govt being serviced, says Piyush Goyal

Left with few options to tackle the crude price hike impact on the economy, the finance ministry may ask the political leadership to persuade the 21 BJP-ruled states to take the initiative for bringing petroleum products under GST.

Fin Min wants BJP-ruled states to take lead in bringing petrol under GST

Italian super bike maker Ducati on Tuesday launched Multistrada 1260 in India priced at Rs 15.99 lakh (ex-showroom).

Ducati drives in Multistrada 1260 in India at Rs 15.99 lakh

Technology giant Google on Tuesday announced the launch of a training programme for journalists, aimed at raising awareness against misinformation and providing new tools to the fourth estate against fake news.

Google announces training programme for journalists

Telecom giant Airtel got embroiled in a controversy after a subscriber sought to interact with a Hindu customer service representative, a demand which the company said it never accepted. (Photo: PTI)

Airtel faces flak after customer seeks different service representative

Infosys, India's second largest software services firm, saw over 43 per cent of its electricity requirements being met through renewable energy sources during 2017-18, a report on Tuesday said.

43.7 pc of electricity needs met through renewable energy, says Infosys

Closer to first anniversary of GST, the government on Monday said the new indirect tax regime has added more jobs in formal sector and widened taxpayer base.

Govt appeals honesty in tax payment ahead of GST anniversary

Non-financial corporates in the country may show modest improvement in their leverage levels in the current financial year, supported by higher revenue and earnings growth, says a report.

Non-financial corporate leverage levels to improve in FY19: Moody's

US-based cab aggregator Uber on Tuesday said it has elevated Pradeep Parameswaran as President of its India and South Asia operations.

Uber names Pradeep Parameswaran as India and South Asia President

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No more Uber, Ola in Google Maps

The featured allows a user to book the cab right from the maps app and payments were also allowed to be made without the need of installing Uber app itself.

LEAKED: Mi Max 3 with 6.9-inch display, dual rear cameras

The listing reveals that the device will be running on Android 8.1 Oreo and will be kept alive by a mammoth 5,400mAh battery. (Representative photo: Redmi Note 5 Pro)

New rare black holes spotted in space, evidence suggests

The distribution of emitted photons over the energy depends on the size of the black hole. (Photo Credit: NASA)

Samsung to design custom GPU chips: Rumours

As per the report’s claims, Samsung aims to use its custom GPU chips for its low-tier mobile devices that consist of tablets and budget smartphones.

Church shuts its doors after pair of blue tits discovered nesting in vicar's lectern

Church shuts its doors after pair of blue tits discovered nesting in vicar's lectern. (Photo: Pixabay)

India’s first gaming phone could launch in September

The ROG Phone is loaded to the teeth with the latest smartphone technologies focusing on raw performance.

‘Stop spoiling Ranbir, don’t make him like you’: When Rishi Kapoor fumed at Sanjay

Rishi Kapoor has been impressed by son Ranbir’s portrayal of Sanjay Dutt.

Did you know Pixel 2 is selling for Rs 9,999 on Flipkart?

The Pixel 2 and Pixel 2 XL are powered by Qualcomm’s 2017 flagship chipset — the Snapdragon 835, aided by 4GB of RAM.

New study claims first-born children are more intelligent

New study claims first-born children are more intelligent. (Photo: Pexels)

When 'scary' Hardik Pandya made KL Rahul anxious in front of Virat Kohli

The 26-year-old further added that Pandya did not have a sense of what to say when.(Photo: Instagram)

Gallery

Mid-capacity motorcycles are usually performance-oriented. But there still remains the age-old question which every owner is bound to come across - Kitna deti hai? To answer that, here’s what we found in our fuel efficiency tests in the city and out on the highway. (Source: ZigWheels.com)

7 most fuel efficient 300-400cc motorcycles in India

7 most fuel efficient 300-400cc motorcycles in India

More Galleries

Mid-capacity motorcycles are usually performance-oriented. But there still remains the age-old question which every owner is bound to come across - Kitna deti hai? To answer that, here’s what we found in our fuel efficiency tests in the city and out on the highway. (Source: ZigWheels.com)

7 most fuel efficient 300-400cc motorcycles in India

Over the years, the taste of Indian SUV buyers has changed a lot. While big and bulky SUVs used to be the popular choice earlier, nowadays, compact SUVs are the ones dominating the SUV space. In sync with the trend, we bring you a list of top five such SUVs that are priced in the Rs 10-20 lakh bracket. (Source: CarDekho.com)

Top SUVs to buy under Rs 20 lakh

The new Elite i20 is quite similar to the outgoing model. That said, it has got just enough to set it apart from its predecessor and make it a worthy update. Let’s take a closer look at the new car and see what it packs, starting with its prices. (Source: CarDekho.com)

Hyundai Elite i20: First look review

Auto Expo 2018 opened to a big start with the reveal of Maruti Suzuki’s Future-S concept, which previews the design language of future Maruti small cars. In addition, the carmaker also launched the new Swift and an electric car concept. But the Auto Expo is not just about Maruti. There some interesting products from Honda, Toyota, Tata and Mahindra too to watch out for. Here are the 10 cars that we’ve shortlisted for you to have a closer look. (Source: CarDekho.com)

10 cars not to miss at Auto Expo 2018

Autos

The CBS-equipped Access 125 is priced at a premium of Rs 3,935 over the Std variant and Rs 630 more than the disc brake-equipped variant of the Access 125.

Suzuki Access 125 CBS on sale in India

Jaguar Land Rover India on Wednesday announced market availability of its Jaguar F-TYPE SVR sports car with price starting at Rs 2.65 crore (ex-showroom India).

JLR drives in Jaguar F-TYPE SVR starting at Rs 2.65 crore

German luxury car maker BMW on Tuesday launched petrol variant of its all-new X3 sports utility vehicle priced at Rs 56.9 lakh (ex-showroom) in India.

BMW India launches petrol variant of new X3 priced at Rs 56.9 lakh

Passenger vehicle sales rise by 20 per cent in May Jeep unveils Renegade facelift TVS to bring racier editions of the Apache RR 310 and RTR 200 4V

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Companies

The government has decided not to go ahead with Air India stake sale in an election year and will provide required funds for its operations, a senior official said on Tuesday.

Govt puts off Air India stake sale due to election year ahead

A minor leak has been detected in the sulphuric acid storage plant in Vedanta’s south Indian copper smelter, a government official said on Sunday.

Minor leakage at Vedanta's south Indian copper smelter, says official

SoftBank suggested the merger of both the companies, however it was denied by Uber in an interview with NDTV.

Ola-Uber can go for merger to avoid competition and curb losses

The trustees of Tata Sons on Thursday extended their support to R Venkataramanan in connection with the ongoing bribery investigation against AirAsia Private Limited.

Tata Sons backs R Venkataramanan in AirAsia case

On June 6, Patanjali had said that its mega food park would produce goods worth Rs 25,000 crore annually on full capacity running.

Patanjali mega food park: Centre to give 15 days more time

The Aircel-Maxis case pertains to grant of FIPB clearance to firm Global Communication Holding Services in 2006 for investment in Aircel.

Aircel, 2 other companies come under SFIO lens

Reliance Industries is investing in setting up India's first carbon fibre manufacturing unit to cater to aerospace and defence needs, the company said in its annual report.

Reliance investing in India's first carbon fibre unit

Over 57mn people searched for credit cards while 63.5mn people searched for loans on BankBazaar.

BankBazaar operating revenue up by 91 per cent in FY18

Economy

States have collected taxes to the tune of Rs 10,000 crore online since the rollout of transport mission mode project.

States collect Rs 10,000 cr taxes online post e-governance initiatives

Inflation in 'fuel and power' basket rose sharply to 11.22 per cent in May from 7.85 per cent in April.

WPI inflation rises to 14 month high of 4.43 pc in May on costlier fuel

ICICI Bank named group veteran Sandeep Bakhshi as its interim head, and said Chief Executive Chanda Kochhar would go on leave pending the completion of a probe over an alleged conflict of interest that has led to months of controversy for the lender.

ICICI Bank names Bakhshi interim head as CEO Chanda Kochhar goes on leave

ICICI Bank Board to decide its CEO Chanda Kochhar's fate today London top hub for Indian tech investment Fed lifts rates amid stronger inflation, drops crisis-era guidance

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Market

Gold prices climbed by Rs 100 to Rs 31,900 per 10 grams at the bullion market on Tuesday, largely in line with a firm trend overseas amid pick up in buying by local jewellers.

Gold shines on global cues, jewellers' buying

Benchmark Sensex declined by over 148 points in early trade on Tuesday, tracking a weak trend in global markets as the trade spat between the US and China intensified.

Sensex suffers more losses, down 148 points on global cues

The gauge had risen by 295.49 points in the past three sessions.

Sensex snaps 3-day winning run as Fed raises rate

IT, PSU, oil and gas, teck, banking and realty indices trading in the negative zone.

Sensex falls 126 points as Fed hikes rate

Rupee is trading at 67.57 against the US dollar in early session on Thursday after the American currency weakened overseas. (Photo: PTI).

Rupee jumps 8 paise against dollar in early trade

The 30-share index opened strong and hit a high of 35,877.41 on sustained buying by domestic institutional investors.

Sensex logs modest gains in choppy trade

The BSE Sensex plunged around 262 points to end at a two-week low of 35,286.74 on Tuesday, tracking a sell-off across Asian and European markets after the US and China escalated their trade dispute.

Sensex tanks 261 points as US-China trade spat escalates

Globally, gold fell 0.15 per cent to USD 1,293.20 an ounce and silver declined by 0.21 per cent to USD 16.80 an ounce in Singapore.

Gold rises Rs 150 on jewellers' buying; silver slips

In Other News

West Bengal finance minister Amit Mitra

Exporters still haven’t got Rs 25,000-crore in refunds

TV Mohandas Pai

10 crore Indian youth have bad skills, says Mohandas Pai

Luo Zhaohui on Monday proposed a trilateral summit between three neighbouring countries of China, India and Pakistan on the sidelines of the Shanghai Cooperation Organisation (SCO).

Chinese envoy proposes China-India-Pakistan trilateral summit

Govt asks exporters to comply with global quality and standards India to continue as fastest growing economy for some years, says Jaitley Govt committed to meet fiscal deficit target this year, says Goyal

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