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Business News

Oil Plummets To $29 Per Barrel, Dragging World Stocks Lower

Major stock indices in Europe and on Wall Street closed down more than 2 per cent, while global crude oil benchmark Brent slumped more than 6 per cent to settle below $29 a barrel, capping a 13 per cent decline for the week

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PM Modi To Unveil Action Plan For Flagship Start Up India Project Today

The programme is aimed at promoting bank financing for start-up ventures and offer incentives to boost entrepreneurship and job creation

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Max India Concludes 3 Way Demerger To Unlock Value

Max India Limited has announced its demerger into three listed companies so as to provide its investors with specific and undiluted access to its diverse lines of businesses and unlock shareholder value

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Startup Bill Cannot Confuse Entrepreneurship With Job Creation

It is true that successful entrepreneurs can build large corporate businesses. But only 5 percent of the startups can become such companies. Does the government know these risks?

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Sensex Plummets 318 Points T0 19-month Low On Global Worries

The Sensex plunged by 317.93 points on Friday to hit a fresh 19-month low of 24,455.04 as muted earnings by some blue-chips and oil prices that fell below $30 a barrel combined to pull down the domestic equities for a second straight week

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Crude Sinks 4% As Market Braces For More Iranian Oil

Iran's oil exports were already on target to hit a nine-month high in January, with 1.10 million barrels a day of crude, excluding condensate, to load.

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Iran-India $2.5 Billion Steel Deal Totters As End Of Sanctions Looms

The complex arrangement was put in place to allow steel exports without violating sanctions that prevented private Indian companies from dealing directly with Iran.

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Railways Concerned About Dip In Passenger And Freight Earnings

Railways earned Rs 9533.07 crore from goods loading in December 2015, as against the target of Rs 10,918.53 crore target, a 12.69 per cent decrease.

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Mahindra Launches Compact SUV KUV1OO At Rs. 4.42 Lakh

Mahindra has launched a compact SUV ‘KUV 1OO’, targeted at first-time car buyers and the youth, with a starting price tag of Rs 4.42 lakh

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Disaster Risks Grow, As India’s Cities Flounder

ASICS evaluation parameters are based on government-recommended reform measures that essentially advocate the delegation of decision-making powers to urban governing bodies.

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