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India's Q1 GDP growth slows drastically to 7.1%, but heavens haven't fallen yet. Here's why

India's Q1 GDP growth slows drastically to 7.1%, but heavens haven't fallen yet. Here's why

India's GDP (Gross Domestic Product) growth slowed down to a disappointing 7.1% in the first quarter of FY17...

India’s Q1 FY17 GDP grows at 7.1% versus 7.5% YoY
CCI slaps over Rs 6,700 cr fine on 11 cement companies
CCI slaps over Rs 6,700 cr fine on 11 cement companies

Competition Commission today imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC...

Petrol prices hiked by Rs 3.38/litre, diesel by Rs 2.67
Petrol prices hiked by Rs 3.38/litre, diesel by Rs 2.67

The Government has hiked petrol prices by Rs. 3.38 a litre, whereas Diesel rates are increased by Rs. 2.67 a litre.

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INDIA

Landmark victory for movements against forceful land acquisition: Mamata on Singur verdict
Landmark victory for movements against forceful land acquisition: Mamata on Singur verdict

With the Supreme Court quashing the land acquisition by the former Left Front government in West Bengal's Singur for setting up Tata Motors' Nano car plant ten year ago, chief minister and Trinamool Congress supremo Mamata Banerjee on Wednesday said the apex court's verdict is a "landmark victory" for her movement against the "forceful land acquisition".

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COMMODITIES

Oil price outlook cut as doubts grow over output freeze
Oil price outlook cut as doubts grow over output freeze

Oil analysts have cut their price forecasts for the first time since February, as the prospect of the world's largest producers agreeing to freeze output dims and US production shows signs of gradually picking up.

Horoscope: By Peter Vidal

Today ( 31 Aug )This Week ( 28 Aug - 03 Sep )

SAGITTARIUS It's surprising how much your attitudes to money are bound up with fears and feelings about emotional security. I told you yesterday how cash complaints could come between you and a colleague or partner. Now is the… read more