Rising fuel prices: Not tax cut, Centre for 'long-term' solution

Rising fuel prices: Not tax cut, Centre for 'long-term' solution

The recent spike in crude prices is attributed to series of factors including Opec production cut and geopolitical situations in countries like Venezuela, Libya, Nigeria and Iran. Also, HPCL’s Surana said, the demand increased compared to last year.

Uber trims losses and grows business, plans new stock sale
Uber trims losses and grows business, plans new stock sale

Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets have not slowed its business.

Vulnerability concerns: FPIs dump Indian bonds
Vulnerability concerns: FPIs dump Indian bonds

The rupee lost 38 paise on Wednesday to drop to 68.426 against the dollar, the lowest level in nearly 18 months. Another 40 paise loss would take the currency to the all-time closing low of 68.825 seen on August 28, 2013.

Powering smarter growth: Smart meters have the potential to improve billing efficiency
Powering smarter growth: Smart meters have the potential to improve billing efficiency

India is rapidly working towards realising its vision of affordable and accessible 24x7 power. Already the third-largest conventional energy producer, India is building the world’s largest solar plants to achieve 175 GW of solar capacity by 2022.

Malaysian move means little for India's GST
Malaysian move means little for India's GST

Malaysia implemented the goods and services tax (GST) regime from April 1, 2015, which replaced its existing sales and service tax (SST) regime.

Remaking 'Make in India': Reform the rigid and multiple labour laws
Remaking 'Make in India': Reform the rigid and multiple labour laws

Indian economy’s revival in the third quarter, with a GDP growth rate of 7.2%, has again made it the fastest-growing major economy, leaving China behind.

We are looking at 25-30% growth in the unsecured segment, says Arvind Kapil of HDFC Bank
We are looking at 25-30% growth in the unsecured segment, says Arvind Kapil of HDFC Bank

It will mirror the industry. There are all early signs of green shoots in the economy, showing that it should go up. So if capital investment goes up, then homes should see an upward trend. Growth should be around 18-20% for the industry.

TECHNOLOGY

Acer to unveil new Chromebooks, next step in Google's business pitch
Acer to unveil new Chromebooks, next step in Google's business pitch

Acer Inc will unveil its first line of high-end laptops running Google's Chrome OS on Wednesday, an executive told Reuters, as the computer maker looks to help Google in its effort to win over business users after taking the U.S. education market by storm.

Horoscope: By Peter Vidal

Today ( 24 May )This Week ( 20 May - 26 May )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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