Tackling petrol, diesel price rise: Three options in front of the govt, all unpalatable

India's crude basket which was at $52.49 in April 2017 is now well over $72. If crude gets to $100, India's price could be $93 for the full year, according to a report released by the SBI. That's nearly double of 2016-17.

How a 100% tax on petrol is burning a hole in your pocket

Interestingly, while the retail prices have gone up, the price at which the fuel is sold to petrol pump dealers has come down drastically since 2013.

Fortis shareholders meet to be a dud affair after board members' exit

Fortis' largest shareholder, Yes Bank, has asked the board to consider all the bids (binding as well as non-binding) despite the board recommending the Munjal-Burman offer.

Amazon India valued at $16 billion with 30% e-commerce market share: report

A recent Citi Research report reportedly pegged Amazon India's market share at 30 per cent - the same as the Bangalore-based company - and valued it at $16 billion.

Money, diamond, dishonest officials played indispensable role in perpetrating PNB Scam

The biggest crooks in the entire list were the former CEO and MD of PNB Usha Ananthsubramanian, KV Brahmaji Rao (ED, PNB), Sanjiv Saran (ED, PNB) and Nehal Ahad (GM of PNB.

Tue May 22 06:16:03 IST 2018
 
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From The Magazine

Steady State

The RBI's latest report on states finds that economic growth is well spread out even as southern states lead in social spending.