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Inland waterways, new Tata Nano in news

THE ECONOMIC TIMES
Fri, May 01, 2015 | 05:00 PM IST

Daily Newsletter

Investment, tax reforms to take growth to 9-10%: Jaitley
Significant work is being done in infrastructure, farm sectors and the government is making efforts to tackle farmers...
Govt to table Inland Waterways Bill in Parliament on May 5: Gadkari
Gadkari said the govt aims to reduce traffic burden on roads and promote water transportation where the cost is barel...
Things don't end here with the NextGen Nano: Girish Wagh
Girish Wagh, Tata Motors' senior VP, programme planning and management for passenger cars, says he wants Nano to be "...
Maruti Suzuki sales surge 29.6 per cent to 1,11,748 units
The company said its domestic sales increased by 27.3 per cent during the month to 1,00,709 units against 79,119 unit...
FEATURED STORIES
120% hike, ESOPs, foreign trips; startups beat biggies 120% hike, ESOPs, foreign trips; startups beat biggies
At least two startups, Bengaluru-based Wooqer and MyRefers, a referral-based jobs site, will be doubling top performe...
read more
How Rajamannar revived MasterCard's Priceless campaign » 
Jaitley vs Rajan on public debt management: More tango than clash » 
Popular Stories
How low-key professionals at IT companies like Wipro, Cognizant, others becoming the pivot for winning big-ticket deals
Maruti to launch compact 5-seater SUV in FY16
Bharat Mala: PM Narendra Modi's planned Rs 14,000 crore road from Gujarat to Mizoram
GST row: Congress yet to take a stand while AIADMK and BJD play hardball with government on legislation
Rupee stable against dollar on account of high forex...
Arun Jaitley ,Finance Minister,Govt of India

Latest Updates

Sensex mantra: Don't catch a 'falling knife', spread your bets
Despite the muted near-term outlook, analysts advise investors to enter the markets only with a time horizon of 3-5 y...
Can summer, monsoon stocks beat the market heat?
Summer stocks include stocks of white goods companies such as those dealing in refrigerators, fans, AC and tourism st...
Seed associations of B'desh, India sign trade agreement
The Memorandum of Understanding (MoU) was signed between the Bangladesh Seeds Association and the National Seed Assoc...
Recent unseasonal rains ease weak monsoon worries
Recent unseasonal rainfall in the country has come as a blessing for some farmers as it has replenished reservoirs....
Market Watch
1 May | 05:00PM
SENSEX
27011.31↓-214.62
NIFTY
8181.50↓-58.25
USD/INR
60.16↓-0.18
GOLD (Rs/10g.)
26710.00↓-528.00
MARKET NEWS
Sensex mantra: Don't catch a 'falling knife', spread your bets
Despite the muted near-term outlook, analysts advise investors to enter the markets only with a time horizon of 3-5 y...
Can summer, monsoon stocks beat the market heat?
Summer stocks include stocks of white goods companies such as those dealing in refrigerators, fans, AC and tourism st...
Gainers Losers 1 May, 2015, 05:00PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Maan Aluminium Ltd. 39.05 19.97 3630 39.05 36.75
Athena Constructions Ltd. 25.40 19.81 30000 25.40 25.24
Ashika Credit Capital Ltd. 43.90 19.78 15796 43.90 33.05
FEATURED SLIDESHOW
FROM THE NEWSPAPER
Gap opts for "queue like" entry in Indian branch
Gap will give tokens to shoppers near the entrance of the mall, allowing them to enter the store in a "queuelike" sys...
Tata Power, L&T to supply mobile artillery system to the Army
Sources said the army has moved a proposal to add six new regiments — with a total of 108 launchers — to its existing...
iGate's Vemuri makes news with $1.79 million package
As part of 2014 non-equity incentive plans, Vemuri also stands to make upto 5.71 crore on top of his total salary for...
FDI reform: DIPP seeks to hike proposal limit to Rs 3k cr
Other plans include allowing foreign-funded firms that make 70% of their products here sell online and a composite ca...
Start business in India from today with just 1 form
New enterprises needed to fill up eight separate forms earlier. This is part of govt's drive to make it easier to do ...
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2015 Tata GenX Nano: What's new in the car?

THE ECONOMIC TIMES
Fri, May 01, 2015 | 04:57 PM IST

Slideshows Newsletter

 

Auto View >>
Tata GenX Nano: What's new in the latest car?...
The Tata GenX Nano which is due to go on sale in the coming days will be the safest Nano to roll out from the Sanand plant....
Science & Technology View >>
Why a mini Mars has been created on the Earth?...
This isn't Mars, but it's resemblance to the red planet has made it a hot spot in hopes of providing critical research for future trips to Mars....
Tech Life View >>
Micromax LapTab: A hybrid Windows device at Rs 14,...
Micromax took the wraps off its latest product called Micromax LapTab - a tablet/laptop hybrid device running Windows 8.1 that is priced at Rs 14,999....
Defining Images: Rahul Gandhi's 15 km Padyatra
Nation & World View >>
Defining Images: Rahul Gandhi's 15 km Padyatra...
Rahul Gandhi took a 15 km Padyatra in Amravati district of Maharashtra meeting farmers who had committed suicides after unseasonal rains damaged their crops....
Toyota Camry launched in India at Rs 28.8 Lakhs
Auto View >>
Toyota Camry launched in India at Rs 28.8 Lakhs...
Toyota Kirloskar Motor has launched the facelifted Camry in India, offering a choice between a petrol or a petrol-hybrid....
7 recently launched budget smartphones in India
Tech Life View >>
7 recently launched budget smartphones in India...
Wondering which are the 7 new low-cost smartphones worth buying? Read on to find out....

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Defining images: Prime Minister Narendra Modi on three-nation tour
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Defining images: Prime Minister Narendra Modi on t...
PM Modi embarked on April 9, 2015 on a three-nation tour of France, Germany and Canada that will focus on boosting trade and economic ties....
Swachh Bharat: How Varanasi's Assi Ghat has been cleaned
Infrastructure View >>
Swachh Bharat: How Varanasi's Assi Ghat has been c...
Solid waste, liquid waste, paan stains, silt and garbage from households are as conspicuous in Varanasi as its temples and ghats that lead to the banks of the river Ganga...
10 cars to watch out for on Indian roads
Auto View >>
10 cars to watch out for on Indian roads...
We take a look at 10 cars that are set to take the Indian roads by storm......
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10 things you need to know before the opening bell

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May 01, 2015

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Here's what you need to know today.

Tesla finally unveiled its new line of products Thursday night in San Francisco, called "Tesla Energy." The company described it as "a suite of batteries for homes, businesses, and utilities fostering a clean energy ecosystem and helping wean the world off fossil fuels."

LinkedIn shares tumbled by up to 19% in pre-market trading after the company reported first quarter earnings results Thursday. Although Q1 revenues beat expectations, LinkedIn's Q2 guidance of between $670 million and $675 million fell short of forecasts for $717.5 million. The company's $1.5 billion acquisition of Lynda.com in April will generate up to $25 million in full-year revenue, it said.

April was the euro's strongest month in five years. The currency rose by 1.7% on a trade-weighted basis, and is down about 6.6% year-to-date.

British industrial growth slowed in April. Markit's Purchasing Managers' Index (PMI) for the manufacturing sector came in at just 51.9, a seven month low, versus expectations for 54.6, and down from 54.4 the prior month. 

China's official manufacturing PMI is hovering around stagnation. Its PMI stood at 50.1 in April, just above the neutral 50 mark that separates expansion from contraction.

Japanese core consumer inflation rose for the first time in 10 months, relieving the central bank that's been battling deflation. Core inflation, excluding volatile fresh food prices, rose 2.2% year-on-year in March, logging the first increase since May 2014.

The Atlanta Fed is forecasting very weak US GDP growth in the second quarter. Its forecast model nailed the very weak 0.2% annualized rise in Q1 GDP, and is predicting a rise of just 0.9% in the second quarter.

Goldman Sachs is joining the Bitcoin bandwagon. The New York Times reports that Goldman "struck a partnership with a major Chinese investment firm, IDG Capital Partners, to lead a $50 million investment into Circle Internet Financial, a start-up that aims to use the technology underlying Bitcoin to improve consumer payments."

Thousands of Berkshire Hathaway shareholders are in Omaha, Nebraska for the company's annual meeting this weekend. It's CEO Warren Buffett's 50th anniversary at the helm of the company, and attendees will be paying rapt attention to everything he says about stocks and the economy.

There's plenty economic data on tap today. The PMI Manufacturing Index drops at 9:45 a.m. ET, followed by the ISM Manufacturing survey at 10:00 a.m. We'll also get the latest readings on Consumer Sentiment and Construction Spending at 10:00 a.m. Auto sales data for April will roll in throughout the morning, and the latest oil rig count from Baker Hughes will cross at 1:00 p.m.

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