Oil prices reach highest since November 2014 at over $70 per barrel

US oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply. The concerns added to worries over a looming decision on whether the United States will walk away from a deal with Iran More...

by Loknath Das | Published 2 weeks ago
By Loknath Das On Friday, April 27th, 2018
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Fitch Holds India’s Sovereign Rating At Lowest Investment Grade

New Delhi: Global credit rating agency Fitch on Friday affirmed India’s sovereign rating at ‘BBB-‘ with ‘stable’ outlook, saying that the country’s medium-term growth potential More...

By Loknath Das On Friday, April 27th, 2018
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Government Collects Rs. 7.41 Lakh Crore From GST In FY18, Says Finance Ministry

New Delhi: The government mobilised Rs. 7.41 lakh crore from the Goods and Services Tax (GST) during 2017-18, according to the finance ministry. The government rolled out the GST regime from July 1 last year. More...

By admin On Wednesday, April 11th, 2018
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How Natural Disasters Can Change the World Economy

Naturaldisasters arein fact nature’s way of revolting against all the abuse it has been subjectedto. It is dangerous, fatal and cannot be contained in any way. What is more, natural disasters cannot be predicted More...

By Loknath Das On Thursday, March 29th, 2018
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Snap lays off 100 employees in latest round of downsizing

Snap Inc. is cutting another set of employees, focusing this time on the advertising side of the business after earlier trimming staff in engineering and content. The cuts total around 100 workers, according to More...

By Loknath Das On Thursday, March 29th, 2018
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Govt notifies new accounting standard that comes into effect on April 1

Companies will have to adopt more detailed revenue recognition ways from April 1 as the government has notified a new accounting standard. The corporate affairs ministry has notified Indian Accounting Standard More...

By Loknath Das On Monday, March 26th, 2018
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Dark net, bitcoin being used to smuggle drugs: Report

The “increasing” trend of using the ‘dark net’ and bitcoins to smuggle pharma medicines and illicit drugs to untouched segments of the population and youngsters in the country is becoming a new challenge More...

By Loknath Das On Monday, March 26th, 2018
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Hiranandani family to invest Rs 3,500 crore in oil and gas projects

Niranjan Hiranandani’s family is investing around Rs3,500 crore to build liquified natural gas (LNG) terminals in Maharashtra and West Bengal, in a diversification for the Mumbai-based developer who built the More...

By Loknath Das On Monday, March 26th, 2018
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Economic growth needs to reflect on HDI: Niti Aayog CEO Amitabh Kant

The Indian economy is growing at 7 -8% which needs to be reflected on the human development index (HDI) wherein the country stands at 131st position out of 188 nations, NITI Aayog CEO Amitabh Kant on Monday said. Kant More...

By Loknath Das On Thursday, March 22nd, 2018
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NTPC ties up with IIM-A to set up full-fledged B-school

IIM-A will help in designing the course, teaching, helping in faculty recruitment and working on joint projects. Photo: HT New Delhi: India’s largest power utility NTPC Ltd on Tuesday joined hands with Indian More...