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16 January, 2019 8:46 AM Newly discovered super-Earth exoplanet may harbour alien life

Although likely cold (-170 degrees centigrade), it could still have the potential to harbour primitive life if it has a large, hot iron or nickel core and enhanced geothermal activity said researchers. New York: The recently discovered cold super-Earth exoplanet orbiting around the red dwarf Barnard -- the second closest star system to Earth -- has the potential 46

16 January, 2019 8:00 AM Flipkart India gets Rs 1,431 crore infusion from Singapore entity

Flipkart Singapore had earlier pumped Rs 2,190 crore into Flipkart India in December. Flipkart Singapore has infused Rs 1,431 crore into its Indian entity Flipkart India Pvt Ltd, according to documents of Registrar of Companies, sourced from data intelligence firm PaperVC. A total of 4,86,861 lakh equity shares were allowed at a premium of Rs 29,399 per share 36

15 January, 2019 5:56 PM Mukesh Ambani features in Foreign Policy magazine's 2019 list of top '100 Global Thinkers'

Mumbai: Reliance Industries Chairman and Managing Director Mukesh Ambani has featured in Foreign Policy magazine`s 2019 annual list of the top `100 Global Thinkers`. According to the magazine, Ambani, who displaced Jack Ma in 2018 as Asia`s richest man is credited with accelerating a smartphone internet revolution in the world`s largest democracy 45

15 January, 2019 2:00 PM Exports up 0.34% in Dec 2018; trade deficit narrows

The trade deficit stood at USD 14.2 billion in December 2017. New Delhi: The country's exports grew marginally by 0.34 percent to USD 27.93 billion in December 2018 on account of negative growth in sectors such as engineering and gems & jewellery, according to a commerce ministry data. Imports, however, dipped by 2.44 percent to USD 41 billion during 39

15 January, 2019 1:03 PM Trade Deficit Narrows To 10-Month Low As Gold Imports Fall

Trade deficit narrowed to $13.08 billion in December, the lowest in 10 months, due to a fall in gold imports, the trade ministry said in a statement on Tuesday. In November, the trade deficit was $16.67 billion. In December, merchandise exports rose 0.34 per cent from a year earlier to $27.93 billion, while imports fell 2.44 per cent to $41.01 billion 33

15 January, 2019 11:17 AM Sensex soars over 460 points, Nifty regains 10,800

Drop in inflation raised hopes of monetary easing. New Delhi: Markets posted strong gains with both the Sensex and Nifty closing above 1.30 percent as lower inflation figures gave way to expectations of an ease in the monetary policy by the Reserve Bank of India in its February policy review. The BSE Sensex jumped 464.77 points or 1.30 percent to 36,318.33 while 38

15 January, 2019 10:28 AM Fertiliser Minister seeks additional Rs 23,000 cr to clear January-March subsidy bill

The Fertiliser Ministry has sought additional Rs 23,000 crore from the Finance counterpart to meet the subsidy requirement for the January-March quarter, a senior government official said on Tuesday. Till December, a subsidy payment of Rs 23,283 crore was due towards fertiliser companies and the ministry was left with about Rs 13,056 crore from the budgeted 38

15 January, 2019 7:59 AM Veg oil imports up 11% in December; shipment of refined palm oil from Malaysia may rise on duty cut: SEA

Vegetable oil imports rose by 11 percent last month to over 12 lakh tonne, edible oil industry body SEA said on January 15 and predicted that a rise in inward shipments of refined palm oil on customs duty cut that could affect domestic farmers and refiners. "Import of vegetable oils (comprising edible and non-edible oils) during December 2018 is reported 44

15 January, 2019 4:20 AM Rupee weakens to 71/$ for first time since Dec

Today, USD-INR pair is expected to quote in the range of 70.40 and 71.20, says Motilal Oswal. The Indian rupee erased all its morning gains and weakened to 71/$ for first time since December 2018. Rupee came under pressure against the US dollar ahead of the important inflation number that was released later in the evening. Data showed inflation in December 41

15 January, 2019 2:35 AM Oil prices edge up on supply cuts, but weakening economic outlook caps gains

Oil prices inched up on Tuesday amid supply cuts by producer club OPEC and Russia, although the darkening economic outlook capped gains. US West Texas Intermediate (WTI) crude futures were at $50.78 per barrel at 0041 GMT, up 27 cents, or 0.5 percent, from their last settlement. "The impact of OPEC+ cuts, Iran sanctions and lower month-on-month growth 36