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Excise duty hike on fuel; WTO deal in news!

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Thu, Nov 13, 2014 | 06:32 PM IST

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Govt to raise Rs 6000 crore from excise duty hike on fuel: Reports
Earlier, the government has raised the factory gate tax by Rs 1.50 a litre each for the two fuels....
Excise on petrol, diesel hiked; no increase in retail rates
IOC said the excise duty hike will not be passed on to consumers and will be adjusted against reduction in rates that...
India agrees with US on food stockpiling, clears way for WTO deal
"Both have resolved differences on public stockholding of food," Sitharaman said, "paving the way for implementation ...
Infosys in race to acquire Airbus unit CIMPA
The deal will help Infosys deepen its presence in the engineering services space, a segment that currently contribute...
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Latest Updates

Rupee see-saws; state-bank dollar buying, weak shares hurt
Rupee continued its see-sawing trend & weakened marginally as losses in domestic shares weighed despite lower-than-ex...
US shale boom masks threats to global oil supply: IEA
Global oil consumption will rise to 104 million barrels a day in 2040 from 90 million barrels a day in 2013, driven b...
Use blue, black ink in signing notes: Govt tells babus
Officers at the level of Joint Secretary and above were earlier allowed to use green or red ink in official communica...
Process for inking FTA underway: Philippines assures India
Modi in his address to the 12th India-ASEAN summit yesterday had urged that the FTA on Service and Investment be brou...
Market Watch
13 Nov | 06:32PM
SENSEX
27940.64-68.26
NIFTY
8357.85-25.45
USD/INR
60.16-0.18
GOLD (Rs/10g.)
25775.00-13.00
MARKET NEWS
Nifty snaps 3-day winning streak; oil & gas, metals decline
The 50-share index ended at 8,357.85, down 25.45 points or 0.30 per cent. It hit a high of 8,408 and an intraday low ...
Global gold demand falls to near 5-year low in Q3: WGC
Global gold demand fell to its lowest in nearly five years in the third quarter as Chinese buying slid by a third, th...
Gainers Losers 13 Nov, 2014, 06:32PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Avantel Ltd. 156.90 20.00 117240 156.90 141.35
Cybertech Systems & Software Ltd. 70.20 20.00 337066 70.20 67.20
ACE Edutrend Ltd. 12.06 20.00 1225396 12.06 10.01
FEATURED SLIDESHOW
FROM THE NEWSPAPER
Right time to cut interest rates? IIP recovers; CPI dips
A 2.55% decline in car sales in October suggests the marginal recovery in September industrial production may not be ...
PM Modi's Australia trip to boost trade, investment partnership
Modi, who is visiting Australia within three months of Abbott's visit to India as PM, will arrive in Brisbane on Nove...
Microsoft to invest Rs 1,400 crore in India cloud data centres
"The biggest cloud data centres we have globally are capable of handling 600,000 servers in just one region. That's a...
Jan Dhan Yojana: Why impressive numbers don't mean much
Banks are giving Narendra Modi Sarkar the numbers it wanted but delivering financial inclusion will be much more hard...
Uber to invest $400 million in India to grow business, expand and hire
"It is likely to use the cash to strengthen presence where it has a footprint, expand to newer cities and to aggressi...
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