Stimulus, farm waiver to push up fiscal deficit by 1%: RBI

Stimulus, farm waiver to push up fiscal deficit by 1%: RBI

Cutting its growth estimate for the current fiscal, the RBI warned on Wednesday that any economic stimulus and farm debt waivers could push up fiscal deficit by 1 percentage point, potentially stoking inflation. Such measure could lead to inflation surging...
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India to buy 1 million tonnes Australian liquefied natural gas after new price maths

India to buy 1 million tonnes Australian liquefied natural gas after new price maths

India will buy an additional one million tonnes (mt) per annum of liquefied natural gas (LNG) from Australia’s Gorgon project after it got Exxon Mobil Corp to cut price agreed to eight years ago. Exxon will charge 12.5% of prevailing Brent...
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ASK Property to invest Rs 1,000 cr in housing projects

ASK Property to invest Rs 1,000 cr in housing projects

Financial services firm ASK group will invest over Rs. 1,000 crore as private equity in housing projects this fiscal despite demand slowdown and uncertainty in the market after the new realty law came into effect. ASK group, which invested Rs. 700 crore in...
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GTPL Hathway IPO Subscribed 27% On Day 1

GTPL Hathway IPO Subscribed 27% On Day 1

New Delhi: The initial public offering of GTPL Hathway, which offers cable TV and broadband services, was subscribed 27 per cent on the first day of bidding on Wednesday. The IPO received bids for 54,71,312 shares against the total issue...
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Diageo Buys George Clooney’s Tequila Casamigos For $1 Billion

Diageo Buys George Clooney’s Tequila Casamigos For $1 Billion

London: Diageo, the British maker of alcoholic drinks, said Wednesday it had agreed to buy Casamigos, an upscale tequila brand co-founded by Hollywood star George Clooney, in a deal worth up to $1 billion. “This is an exciting opportunity for...
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iPhone 8 to Ditch Home Button for ‘Function Area’, Cost Over $1,000: KGI Analyst Ming-Chi Kuo

iPhone 8 to Ditch Home Button for ‘Function Area’, Cost Over $1,000: KGI Analyst Ming-Chi Kuo

KGI analyst Ming Chi Kuo in a new note to his clients has predicted a few more things about the iPhone 8. In his note, Kuo reiterates that the iPhone 8 will ditch the home button for a full-screen design....
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