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Diesel to be preferred fuel for SUVs, MUVs even post BS-VI: Experts

Diesel to be preferred fuel for SUVs, MUVs even post BS-VI: Experts

12-05-2019  comments

New Delhi/Mumbai (IANS) Diesel might lose its share in fuelling the passenger car segment in the near future but the key transportation fuel will continue to dominate the multi-utility and sports utility vehicles in the medium term.

Millionaires fleeing India in larger numbers: Report

Millionaires fleeing India in larger numbers: Report

12-05-2019  comments

New Delhi (IANS) All the chest thumping over a big leap forward in the ease of doing business index and the tag of the world's fastest growing economy in the world may not be of much worth, as a new report suggests that Indians who have the means…

'India's e-commerce regulations need more consultation'

'India's e-commerce regulations need more consultation'

11-05-2019  comments

Kolkata (IANS) India's e-commerce regulations need more consultation with American companies that have invested in India, according to a senior US official

Acting Assistant Secretary of Commerce and Director General of the US Foreign Commercial…

Gold Never Old: RBI to augment reserves as global uncertainties loom

Gold Never Old: RBI to augment reserves as global uncertainties loom

10-05-2019  comments

Mumbai (IANS) Rising trade protectionist measures along with the threat of a currency shock and dovish global monetary policy might compel India's central bank to augment its gold reserves.

Additionally, the need to have…

Sensex, Nifty trades marginally lower

Sensex, Nifty trades marginally lower

10-05-2019  comments

Mumbai (IANS) Sensex and Nifty traded in the red during the morning trade session after they opened slightly higher on Friday.

Investor sentiments have taken a beating following the surprise escalation of trade tension between US and China.

Allahabad Bank's net loss widens to Rs 3,834.07 cr in Q4

Allahabad Bank's net loss widens to Rs 3,834.07 cr in Q4

10-05-2019  comments

Kolkata (IANS) State-run Allahabad Bank on Friday said it has posted a net loss of Rs 3,834.07 crore in the fourth quarter of the financial year 2018-19 (FY 19), widening from a net loss of Rs 3,509.63 crore in the year-ago period.

The lender's…

India monitoring costs of importing non-Iranian oil

India monitoring costs of importing non-Iranian oil

08-05-2019  comments

New Delhi, May 8 (IANS) The Finance Ministry is closely watching the economic costs of oil imports from other alternative markets like Iraq and Saudi Arabia, following the United States' withdrawal earlier this month of the…

Dollar edges down amid rising Yen

Dollar edges down amid rising Yen

07-05-2019  comments

New York (IANS) The US dollar dipped slightly against its major rivals in late trading on Monday amid traders' growing appetite for the Japanese Yen.

The dollar index, which measures the greenback against six major peers, was…

Post-poll: Brace for up to Rs 5 and Rs 3 per litre raise in petrol, diesel prices

Post-poll: Brace for up to Rs 5 and Rs 3 per litre raise in petrol, diesel prices

07-05-2019  comments

New Delhi (IANS) Petrol and diesel prices may increase sharply soon after new government comes to power at the Centre with oil companies looking to raise the retail price of the two transport fuels between Rs 3-5 per litre in phases and make…

Ratan Tata invests in ride-sharing major Ola

Ratan Tata invests in ride-sharing major Ola

06-05-2019  comments

New Delhi (IANS) Ratan Tata, the Chairman Emeritus of Tata Sons, has invested in Ola as part of its Series A round of funding, the domestic ride-sharing company announced on Monday.

Tata is also an early investor in ANI Technologies…

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