Govt need not respond to daily, weekly changes in oil prices, says NITI Aayog vice-chairman Rajiv Kumar
• 7 years agoPetrol and diesel prices in the country have been rising owing to a sharp rise in global crude oil rates.
Sensex falls 179 points, Nifty ends below 10,600 on weak rupee, F&O expiry
• 7 years agoThe BSE Sensex slumped over 179 points to end at 35,037.64 on Thursday after the rupee collapsed to a lifetime low against the US dollar amid firming crude oil prices.
Sensex soars 128 points in early trade on firm global cues; Rupee takes more losses, sheds 10 paise against dollar
• 7 years agoThe 30-share Sensex, which gained 403.97 points in the previous three sessions, added 128.08 points, or 0.36 percent, at 35,447.43.
Budget 2018: Oil ministry seeks cut in excise duty on petrol, diesel to cushion impact of rising crude prices
• 7 years agoPrime Minister Narendra Modi, who faces elections in key states later this year, and a nationwide election in early 2019, has faced pressure over a rise in retail prices of petrol and diesel to a record level.
December quarter GDP growth surprising, says Fitch Ratings
• 8 years agoThe rating agency, however, projected a robust 7.1 percent growth for 2016-17 and 7.7 percent in the following two financial years (2017-18 and 2018-19).
Too big a trade partner: Why Indian politicians' call to boycott Chinese goods will fail
Indiaspend • 9 years agoIndian politicians are currently leading a campaign to boycott Chinese goods. But an IndiaSpend analysis shows why this will fail: China is India's largest trade partner, a sixth of India’s imports are Chinese, up from a tenth in 2011-12, while India’s exports to its rival have halved over the same period.
NAM Summit: Venezuela seeks to gather support for a global deal to bolster oil prices
Ians • 9 years agoThe NAM summit of leaders gets underway in Margarita Island on Saturday, where Venezuela will gather support for a global deal to bolster oil prices
Oil price collapses to 12-year low on China fears, supply glut
Fp Archives • 9 years agoPetrol price cut by 50 paise per litre, diesel by 46 paise
Fp Archives • 9 years agoPetrol price was on Tuesday cut by 50 paise and diesel by 46 paise a litre, much lower than an anticipated decrease.
Perils of long-term forecasting: How Goldman got it all wrong
Fp Editors • 12 years agoGoldman Sachs, the global financial services major, had released an extremely bullish report on India in November 2012. And yet India's growth trajectory is nowhere close to that prediction.