Tuesday, Apr 23, 2019 | Last Update : 10:04 AM IST
Columns
Eventually the armed insurgent Liberation Tigers of Tamil Eelam emerged in 1976 to fight for a Tamil homeland in the northeast.
The tragic fire has conveniently transformed into a story of resilience, hope and rebirth. Many are ready to move on.
Imran Khan thus shrewdly got Pakistan out of the Indian electoral battle, realising he will have to deal with whoever is the next Prime Minister.
To an objective observer this is unbridled divisive cacophony which seriously undermines the macro attempts to project a larger unity.
Economy
To survive trade battles, China manufacturers deploy every weapon they can
Industrial output rose at its fastest rate since mid-2014 and exports rebounded more than expected.
Weakening domestic growth impulses prompted RBI for rate cut: Minutes of MPC meet
Four of the six MPC members had voted in favour of a 25 basis points reduction in the repo rate.
Govt manages to meet revised fiscal deficit target of 3.4 pc of GDP
Revised target has been met with help of expenditure savings and other measures including rollover of fuel subsidy, said sources.
Job creation trebles in Feb at 8.61 lakh, according to EPFO payroll data
According to latest EPFO data, highest job creation was recorded in January 2019 at 8.94 lakh.
Govt looking at REITS model to monetise land assets of CPSEs, enemy property
Under this REITs, land assets aree transferred to a trust providing investment opportunity for institutional investors.
Market
Sensex ends 139 pts higher; TCS rallies nearly 5 pc
The broader NSE Nifty rose 46.90 points, or 0.40 per cent, to close at 11,690.35.
Rupee slips for 3rd day down 18 paise to 69.60 against dollar
The local currency has depreciated by 68 paise in the last three days.
Sensex slips from lifetime high on profit booking
After rising to an intra-day record of 39,487.45 points, the 30-share index turned negative to settle 135.36 points.
Rupee rises 15 paise against US dollar in early trade
Fresh foreign fund inflows and positive opening in domestic equities supported the rupee.
Companies
Gold prices up by Rs 200 per 10 gm on jewellers' buying
Gold is trading at Rs 32,870 per 10 gram in the national capital on fresh buying by local jewellers.
MTNL remains relevant for telecom, its sustainability important for customers: CMD
The revival plan is expected to be taken up by the Cabinet soon, according to sources.
SBI General launches cyber defence insurance for businesses
This offers protection against the growing threat of cyber breaches and is designed to protect against major insurable cyber exposures.
SpiceJet, Emirates sign MoU for code share partnership
The reciprocal partnership will allow opening of new routes and destinations for passengers of the two airlines.
Nasim Zaidi quits grounded carrier Jet Airways board
Nasim Zaidi has submitted his resignation as a non-independent director of the company with effect from April 21.
Autos
Maruti drives in Baleno with BS VI compliant petrol engine
MSI has sold over 5.5 lakh Baleno units since its launch in 2015.
Honda opens BigWing dealership for selling big bikes
The retail and service centre is exclusively for Honda’s big bikes.
As JLR halts production, campaign for second Brexit vote intensifies
JLR CEO Ralf Speth has made a number of interventions to call on the UK government for more certainty over Brexit.
Ntorq, the youngest arrival in TVS family
After a series of scooters like Zest 110, Pep+, Jupiter, & Wego, the Ntorq is the first 125cc in TVS’ fleet.
In Other News
Online mobile sales will fall, fashion mart to rise
Mobile phone has been the fastest growing category between 2015 and 2018.
Travelling Abroad? How to choose between cash, travel card and travel credit card
Travel credit card offers many add-on benefits such as travel insurance, airport lounge, reward points, etc.
Rupee drops 32 paise, may stay weak if crude spikes
Central bank to remain on guard to weed out any volatility as elections are going on.
India suspends cross border trade in Kashmir in new crackdown
Govt of India to suspend the LoC trade at Salamabad and Chakkan-da-Bagh in Jammu and Kashmir with immediate effect.
Mallya asks SBI to disclose 'legal fees' spent to recover funds
Mallya is facing trial for alleged fraud and money laundering amounting to Rs 9,000 crore.