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16 October, 2018 11:12 AM As Pak Negotiates IMF Bailout, China Says More Corridor Projects Planned

China on Tuesday said there will be more projects planned under the so-called China-Pakistan Economic Corridor or CPEC project amid concerns over Pakistan's rising debt and a bailout move by the global lender IMF. Cash-strapped Pakistan has approached the International Monetary Fund for a bailout package as it faces a serious economic crisis 106

8 October, 2018 9:05 AM Mumbai Will Come To A Halt If North Indians Stop Working: Congress Leader

However, the community should not be forced to take such a step, Sanjay Nirupam warned, without naming any individual or political party. Congress leader Sanjay Nirupam has said Mumbai will come to a standstill and its people will not even get food to eat if the north Indian community in the metropolis decides to stop working. However, the community 100

6 October, 2018 4:29 AM Petrol rises marginally to Rs 87.15/litre in Mumbai, diesel at Rs 76.75/litre

A day after customers felt relief from rising fuel prices as Centre cut excise duty on fuel, the petrol price was up 18 paise in Mumbai at Rs 87.15 per litre on October 6. Diesel price dropped 70 paise to Rs 76.75 in the city following a Rs 1.56 per litre relief from the state on October 5. In Kolkata, the price of petrol now stands at Rs 83.52 per litre 81

5 October, 2018 6:23 AM Petrol, Diesel Price Cut: Indian Oil, Other Fuel Retailers Fall Over 20%

The government on Thursday announced a 2.50 rupees-per-litre cut in the prices of gasoline and diesel. Mumbai: Shares in state-owned oil marketing companies slumped more than 20 per cent to multi-year lows on Friday, a day after the government announced a cut in fuel prices that is expected to hit the state and the oil marketers. The price cut sparked 62

5 October, 2018 3:48 AM Huge relief! After excise cut, petrol costs Rs 86.97 a litre in Mumbai, Rs 81.50 in Delhi

The Centre's decision to cut excise duty on petrol and diesel has brought in a major relief to consumers battling rising fuel prices since August. On Friday, petrol prices fell Rs 4.37 per litre to Rs 86.97 in Mumbai. Diesel prices in the city too fell Rs 2.65 a litre to Rs 77.45, according to a price listing on Indian Oil Corporation (IOC) . In Delhi 67

1 October, 2018 6:42 AM IL&FS Crisis: Government Moves NCLT To Change Company's Management

Debt defaults by certain group entities of diversified IL&FS have triggered fears of liquidity crisis in the financial markets. The government has moved National Company Law Tribunal (NCLT) for change of management at the crisis-hit IL&FS, according to a senior official. Debt defaults by certain group entities of diversified IL&FS have triggered fears 50

26 September, 2018 11:34 AM Government working to restructure Air India's finances, says Subhash Chandra Garg

The government is working on restructuring national Air India's finances to ensure that the airline has "sustainable debt", Economic Affairs Secretary Subhash Chandra Garg said. The debt burden of the national carrier, which is grappling with tough business conditions, is estimated to be more than Rs 50,000 crore. Earlier this year, the government's 40

20 September, 2018 8:18 AM How Common Man Is Battling Soaring Petrol, Diesel Prices

Taxes on petrol and diesel, which account for more than a third of retail fuel prices, are one of the biggest sources of income for government. NEW DELHI: Many Indians are switching off air conditioners in cars and going to gas pumps across state borders in a bid to save money, as petrol prices across the country hover at record-high levels. Protests 64

12 September, 2018 9:11 AM Buy Oil India, ONGC with potential upside up to 43%: HSBC

Research house HSBC has maintained buy rating on Oil India with a potential upside of 33 percent. The firm raise target to Rs 270 from Rs 253 per share. It also maintained buy on ONGC with a target of Rs 240. It sees potential upside of 43 percent. The upside from higher oil is going to be offset by risks of higher costs and subsidy burden. It feels 59

11 September, 2018 10:24 AM "Humpty Dumpty": Amit Shah Hits Back After Congress' "Mungerilal" Jibe

In a sharp take takedown of the Congress, BJP chief Amit Shah has dubbed it "Humpty Dumpty" after the nursery rhyme egghead. In Jaipur today on a stock-taking mission ahead of the coming assembly elections, he said the Congress has arrogance, a far cry from the leaders of the BJP. "These people of no consequence, who are like Humpty Dumpty, they have arrogance 50