The Economic Times Daily Newsletter

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	Dated:January 16,2013

Top Headlines Government may hike excise duty on diesel vehicles The government is expected to bite the bullet on the crucial decision of hiking excise duty on diesel vehicles in this year's budget. Macquarie ups BSE Sensex target to 22,200 Investors overweight on India, China a risk: BofA-ML Nifty ends below 6K | Nomura sees 15% upside in RIL Alcatel wins 8-yr, $1 bn-plus contract from Reliance Communications Alcatel-Lucent has won an eight-year deal valued at more than $1 bn to manage RCom's networks in the east and south of India. BSNL to spend Rs 8 cr on OFC in gram-panchayats DoT urged to include Huawei among tele gearmakers World Bank expects India to inch closer to China in growth rate Even Indian PM faced corruption allegations: Hina Rabbani Khar Even as corruption charges threatened to topple Pakistan's Premier, Khar said PM Manmohan Singh had also faced "very big" allegations. JBT scam: Chautala, son convicted by court Owaisi sent in judicial custody till Jan 22 India engaged in "war-mongering", says Khar Most Read Story SpiceJet rakes in Rs 160 crore through discount offer The Inside Story: Walmart and the shadow of corruption Pay a lower car insurance premium if you are married TCS earnings: No surprises, but company in better shape than Infosys Most E-mailed Story Sex toys in India! Story of a bold and budding industry 'This trend as inevitable. All this you observe now have been merely waiting to burst out of the closet and come into the open. The main trigger is time and that time has come.' Sizing up Maha Kumbh: The features and the highlights The Mela will go on for two months and will conclude on Maha Shivaratri on March 10. Here we take stock of the grand congregation: Most Commented Story Thought Beijing air was bad? Delhi's no better SpiceJet rakes in Rs 160 crore through discount offer FDI in retail would promote instability: Nobel laureate Joseph Stiglitz Neither protest nor talk to Pakistan, but act firmly Latest Updates Gold surges by Rs 320 on firm global cues PlanCom proposes 12% hike in gross budgetary support AEPC sets up tech research centre in Gurgaon OECD-WTO trade study slims China's surplus with US		Market Round-up SENSEX 19817.63 -169.19 NIFTY 6001.85 -54.75 NASDAQ 3117.50 -8.13 DJIA 13507.32 18.89 RS/$ 54.45 0.06 NSE Gainers Scrip Price(Rs.) %Change Decolight Ceramics Ltd. 12.15 + 9.95 DCM Ltd. 77.95 + 9.94 Prakash Constrowell Ltd. 20.00 + 9.89 MVL Ltd. 2.40 + 9.09 Oriental Trimex Ltd. 4.95 + 8.79 NSE Losers Scrip Price(Rs.) %Change IOL Netcom Ltd. 3.75 -15.73 Logix Microsystems Ltd. 17.95 -13.91 Premier Ltd. 121.25 -12.80 Software Technology Group 3.10 -10.14 Regency Ceramics Ltd. 4.05 -10.00

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