Obama, Apple and pay hikes grabbed the headlines this week

THE ECONOMIC TIMES Sat, Jan 31, 2015 | 10:45 AM IST Weekly Platter Newsletter

Obama in India: 10 major takeaways for India & US from American President's visit Obama said the US could be India's "best partner" as he wrapped up a 3-day visit by highlighting shared values of the world's biggest democracies. read more Jayanthi Natarajan, senior Congress leader, quits party; says, 'hang me, if I am wrong' Natarajan said she was shocked to see her letter explaining Rahul Gandhi's interferences to the Congress president published in the media. Olacabs to buy TaxiForSure to take on competitors like Uber; deal likely at Rs 1,250 crore According to three people directly involved in the negotiations, Olacabs, backed by Japan's SoftBank, will pay cash and offer stock.

Editor's Pick Here is why India will keep growing faster than China China may have a better model for catch-up growth. But managing a thriving, mature economy requires entrepreneurship. So far, India has the edge. Shortage of talent to drive up increments upto 22% in various sectors Salary hikes are tipped to go on an overdrive this increment season with top performers set to earn increments in excess of 20 per cent. Eight possible scenarios if Greece defaults and leaves the Eurozone Living standards in Greece could fall, banks will face the prospect of collapse, savings may be frozen, businesses could go bankrupt and more. Can't win climate fight without India: Obama The US could not get a climate deal with India, but President Barack Obama on Tuesday made a strong pitch for emission cuts and said the world does not "stand a chance against climate change" unless developing countries like India cut their carbon emissions by reducing dependence on fossil fuels.

Most Popular This Week SpiceJet plans to raise Rs 1,500 crore; Marans exit Board IBM India staff still battle tech blues fearing more layoffs Make in US vs Make in India can be a win-win: Anand Mahindra Apple profit soars to record $18 billion on rocketing iPhone sales Nandan Nilekani shells out Rs 22.5 crore for sea-facing Mumbai apartment

Story of The Week After Obama visit, Narendra Modi government fast-tracks reforms; okays Rs 24k cr CIL sale, fixes base price for 3G The govt has pressed the accelerator on reforms, fastracking a faltering disinvestment programme, fixing a base price for auction of 3G spectrum and more. read more

Money India to overtake China in 2017: What it means for investors The Sensex also rewarded investors with a handsome one year return of 36%. So should you take this opportunity to exit? Experts say no. How much insurance cover do you need? If you have not taken adequate life insurance, you are putting the future of your dependents in trouble. Find out how much insurance you need.

Stock Round Up Investors pulling out money for CIL offer trips markets; Sensex falls 498 points The Sensex dropped 498 points or 1.68% to close at 29,182. The Nifty dropped 143 points or 1.60% to end at 8,808 points.

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