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Rs 4 per litre rise in petrol, diesel prices in offing; fuel rates to return to pre-Karnataka poll hiatus margin levels

Rs 4 per litre rise in petrol, diesel prices in offing; fuel rates to return to pre-Karnataka poll hiatus margin levels LATEST PM Narendra Modi to lay foundation stones for Rs 10,000 cr projects in J&K including Zojila Tunnel PM Narendra Modi to lay foundation stones for Rs 10,000 cr projects in J&K including Zojila Tunnel Ashok Leyland Q4 net profit rises 40% at Rs 667 cr boosted by export revenue; shares down 3.89% Avenue Supermarts promoter Radhakishan Damani to sell up to 1% stake in co for over Rs 888 cr SocGen's 10-week accelerator programme Catalyst calls out to fintech, tech startups and varsities Bajaj Auto fourth-quarter net profit jumps 35 percent to Rs 1,080 cr, beats estimates RCom's settlement outside of bankruptcy court with Ericsson over dues unlikely for now, say sources RCom's settlement outside of bankruptcy court with Ericsson over dues unlikely for now, say sources PNB fraud: Enforcement Directorate summons Nirav Modi's family members as agency readies its first chargesheet PNB fraud: Enforcement Directorate summons Nirav Modi's family members as agency readies its first chargesheet Sensex sinks 300 points to close below 35,000-mark, Nifty below 10,600; foreign funds on selling spree Sensex sinks 300 points to close below 35,000-mark, Nifty below 10,600; foreign funds on selling spree Bajaj Auto fourth-quarter net profit jumps 35 percent to Rs 1,080 cr, beats estimates Bajaj Auto fourth-quarter net profit jumps 35 percent to Rs 1,080 cr, beats estimates A worried oil minister Dharmendra Pradhan wants Saudis to keep oil prices stable; says spike will hurt Indian economy A worried oil minister Dharmendra Pradhan wants Saudis to keep oil prices stable; says spike will hurt Indian economy PNB fraud: ED likely to name Nirav Modi's sister Purvi Mehta in its first chargesheet to be filed next week PNB fraud: ED likely to name Nirav Modi's sister Purvi Mehta in its first chargesheet to be filed next week Rise in crude oil prices to increase India's current account deficit to 2.4%, forecasts Goldman Sachs Rise in crude oil prices to increase India's current account deficit to 2.4%, forecasts Goldman Sachs RBI may keep policy rates unchanged in June, says Goldman Sachs; first hike in FY19 expected in August RBI may keep policy rates unchanged in June, says Goldman Sachs; first hike in FY19 expected in August Air India may have to abide by US norms, pay $8.8 mn penalty to passengers for delay in Delhi-Chicago flight Air India may have to abide by US norms, pay $8.8 mn penalty to passengers for delay in Delhi-Chicago flight AirAsia India increases workforce to 2,000 as no-frills carrier to spread wings overseas later this year AirAsia India increases workforce to 2,000 as no-frills carrier to spread wings overseas later this year NuMetal offers Rs 37,000 cr for Essar Steel, wants second round of bids opened; ArcelorMittal opposes move NuMetal offers Rs 37,000 cr for Essar Steel, wants second round of bids opened; ArcelorMittal opposes move View more BANKING PNB fraud: Enforcement Directorate summons Nirav Modi's family members as agency readies its first chargesheet PNB fraud: Enforcement Directorate summons Nirav Modi's family members as agency readies its first chargesheet PNB fraud: Enforcement Directorate summons Nirav Modi's family members as agency readies its first chargesheet PNB fraud: ED likely to name Nirav Modi's sister Purvi Mehta in its first chargesheet to be filed next week Rise in crude oil prices to increase India's current account deficit to 2.4%, forecasts Goldman Sachs RBI may keep policy rates unchanged in June, says Goldman Sachs; first hike in FY19 expected in August PNB fraud: ED seizes Mehul Choksi firm's jewellery worth Rs 85 crore brought from Dubai GST ITC Q4 net profit up 9.8% to Rs 2,933 cr driven by non-cigarette FMCG, hospitality businesses ITC Q4 net profit up 9.8% to Rs 2,933 cr driven by non-cigarette FMCG, hospitality businesses ITC Q4 net profit up 9.8% to Rs 2,933 cr driven by non-cigarette FMCG, hospitality businesses PNB scam: Small businesses become collateral casualty when big fish Nirav Modi, Mehul Choksi defraud lenders of over Rs 14,000 cr Free banking services like cheque book issuance, ATM withdrawals out of GST net, says finance ministry official Post Karnataka polls, UBS expects govt to push stimulus to boost rural economy as Narendra Modi preps for 2019 election At four year mark of Narendra Modi govt, 57 percent citizens satisfied with performance, says survey MARKETS India's tablet market is declining, but the market isn't going to die out anytime soon: Report India's tablet market is declining, but the market isn't going to die out anytime soon: Report India's tablet market is declining, but the market isn't going to die out anytime soon: Report A worried oil minister Dharmendra Pradhan wants Saudis to keep oil prices stable; says spike will hurt Indian economy DHFL plans to raise Rs 50,000 crore in FY19 through debt market and bank borrowings to support business growth Sensex tanks after muted corporate earnings and higher oil prices, all amid the political spectacle in Karnataka PNB Housing Finance more valuable than fraud-hit parent Punjab National Bank STARTUPS SocGen's 10-week accelerator programme Catalyst calls out to fintech, tech startups and varsities SocGen's 10-week accelerator programme Catalyst calls out to fintech, tech startups and varsities SocGen's 10-week accelerator programme Catalyst calls out to fintech, tech startups and varsities Indian-origin man, two others indicted in multi-million dollar cryptocurrency scam in New York IIM-Ahmedabad sets aside $25 mn for startups under Bharat Inclusion Initiative; lists four focus areas Walmart Flipkart deal: India Inc exults at home-grown giant's acquisition, says online consumers will benefit 'tremendously' Dear Sachin Bansal: Letting go of Flipkart must hurt, but here's your big chance to build a great Indian tech giant CONSUMER Volkswagen's core brand to back out of the Paris Motor Show to cut down on excessive costs Volkswagen's core brand to back out of the Paris Motor Show to cut down on excessive costs Volkswagen's core brand to back out of the Paris Motor Show to cut down on excessive costs Reversing trend, retail inflation inches up to 4.58% in April on costlier cereals, meat, fish and fruits IIP growth slows to five-month low of 4.4% in March, pulled down by falling capital goods output India's April retail inflation seen climbing on higher oil prices, says survey Walmart buys Flipkart: While some harp on swadeshi vs videshi binary, the deal is an ode to discount-loving shoppers CORPORATE Refuelling barge for Indian Navy warship INS Vikramaditya launched; ship to deliver fuel to aircraft mid-sea Refuelling barge for Indian Navy warship INS Vikramaditya launched; ship to deliver fuel to aircraft mid-sea Refuelling barge for Indian Navy warship INS Vikramaditya launched; ship to deliver fuel to aircraft mid-sea Delhi: Instead of resorting to mud-slinging, BJP-led MCD must try to solve the problem of street vending Varanasi flyover collapse: Uttar Pradesh Bridge Corporation's Managing Director removed, cement samples sent to IIT for investigation NuMetal offers Rs 37,000 cr for Essar Steel, wants second round of bids opened Sensex tanks after muted corporate earnings and higher oil prices, all amid the political spectacle in Karnataka