Fall in oil prices perfect for Modi govt

THE ECONOMIC TIMES Wed, Jan 14, 2015 | 06:17 PM IST Daily Newsletter

Fall in crude oil prices perfect for Modi government After the sudden fall, global brokerage firms Goldman Sachs said in a report that US oil prices need to trade near $4...

Sikka meets PM Modi; dedicates $250 million to innovate in India  Infosys will develop software for managing the kumbh mela scheduled in Ujjain (Madhya Pradesh) in 2016, he told PTI i...

Samsung launches Z1, powered by Tizen, for Rs 5,700 The no-nonsense handset - one of the cheapest in the Samsung stable - sports a 4-inch display, a plastic body and a s...

Tata Motors may launch 'Bolt' hatchback priced between Rs 4.25L-6.5L Bolt, which will be the first hatchback with a multi-drive function, is pitted against Maruti Swift, Volkswagen Polo,...

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Infosys, Tata donate Rs 200 crore to NGO Akshaya Patra Akshaya Patra runs the largest school lunch programme by an NGO in the world. The money will be used to expand the re... read more BlaBlaCar drives into India, aggregators stuck in jam »  Google launches its flight search tool in India »

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Latest Updates Commodity slump hits European shares, ECJ opinion lends support Premier Oil fell 2.6% after saying it expected to book a $300 mn impairment charge due to plunge in oil prices & plan... Fall in crude oil prices is perfect for Modi govt: Analysts After the sudden fall, global brokerage firms Goldman Sachs said in a report that US oil prices need to trade near $4... Canada keen on engaging with TN in IT, clean energy This was stated by visiting Canadian Minister for Citizenship and Immigration, Chris Alexander during his meeting wit... India Inc's Dec foreign borrowing up 14% at $637.29 mn India Inc raised $637.29 million from overseas markets in December 2014, up 13.65 per cent from year-ago period, acco...

Market Watch 14 Jan | 06:17PM SENSEX 27346.82↓-78.91 NIFTY 8277.55↓-21.85 USD/INR 60.16↓-0.18 GOLD (Rs/10g.) 27002.00↓-53.00

MARKET NEWS

Oil extends losses as World Bank cuts growth forecast Oil and other commodities came under pressure after the weaker outlook from the World Bank reinforced worries of a gl...

Sensex ends 79 points lower; metals lead decline The S&P BSE Sensex closed 78.91 points lower on Wednesday, led by losses in ITC, ICICI Bank, Sesa Sterlite and Hindal...

Gainers Losers 14 Jan, 2015, 06:17PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Tata Teleservices (Maharashtra) Ltd. 10.02 20.00 1820207 10.02 9.57 Aarvee Denims and Exports Ltd. 53.70 20.00 7217 53.70 44.60 GKB Ophthalmics Ltd. 51.60 20.00 7889 51.60 44.00

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CSCL Globe: World's largest container ship Samsung Z1 Tizen smartphone: 8 things to know Will YU Yureka give a tough fight to Redmi Note? Japan unveils defence plan to counter China more slideshows

FROM THE NEWSPAPER

For more FDI, RBI relaxes fair value buyout norm RBI has, for Tata Group, relaxed a rule that bars it from paying more than the 'fair value' price to buy out Japanese...

Petrol, diesel prices may slump as oil tumbles to $45 per barrel Industry experts said that state-run oil cos may have to cut petrol and diesel rates either this week or by January 3...

India to be 'fastest-growing economy' in Modi-govt's 4th year It's set to clock a 7% rise in GDP in 2017 compared with 6.9% for bigger rival China, the World Bank said in its flag...

Government may eventually scrap five-year plans Panagariya, who took charge on Tuesday, was of the view that a market economy should not be driven by plans, several ...

Year-long party? Flipkart plans buyouts, funding at $15 billion Amazon set to compete aggressively with an investment of $2 billion in India and Snapdeal raising nearly $1 billion f...

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