Saturday 16 February 2013

The Economic Times Weekend Platter

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The ET Weekend Platter offers the round up of the news that you missed during the week. We bring to you the most-read news, investment corner, stock wrap-up, issue that hogged headlines, editor's picks and the most happening trend stories from across sectors, for you to savour at your conveniance. Happy reading.
Budget 2013 to be most austere in years: FM
Finance minister is planning to cut the public spending target for fiscal 2013/14 by up to 10 per cent from this year's original target.
Diesel prices up by 51 paisa, petrol to cost Rs 1.80 more
State oil firms have raised diesel prices by 51 paise per litre and petrol by Rs 1.8 per litre (with taxes in Delhi) from Saturday.
Infosys sounds alarm on 'oversupply' of IT grads
An additional 1.7 to 2 lakh jobs are expected to be created in 2013, but 7-8 lakh IT graduates are coming every year, said Kris Gopalakrishnan.
Story of the Week

Chopper scam: Proposal to purchase 197 light helicopters put off
A decision to procure 197 light helicopters which have come under scrutiny over allegations of deviation from the tendering process was put off today, a move that comes against the backdrop of a scam in another chopper deal involving complainant AgustaWestland of Italy.

Stock Round up

Market extends losses for third week, Sensex down 27 points
Sensex extended losses for the third consecutive week by slipping 27 points to end at 19,468.15 due to selling pressure from operators.

ET Features

What makes Indians so good at research and strategy?
Scholars of Indian origin have indeed made important and pathbreaking contributions in many fields that are foundational to business knowledge.

Kumbh Mela: Money can offer you maha luxury
Luxury huts and Swiss cottages that have come up to cater to the demand from high networth individuals – Indian or foreign – offer all creature comforts.

Personal Finance

How much to invest in gold?
Let your motivation dictate the share of the yellow metal in your portfolio.

How to plan and save for goals if you have an irregular income?
Falling behind on saving targets consistently indicates that estimate of income and expenses may have been inaccurate.

Corporate Trends

Love at work, Cupid is turning out to be a bug for HR departments
More romantic relationships are being reported at the workplace, even as male and female executives do the long, hard hours, shoulder-to-shoulder.

Parle-G is India's first homegrown Rs 5K crore FMCG brand
When Parle Products launched Parle-G in 1939 during the British rule, the firm considered it a responsibility to sell affordable biscuits to Indians.

Visual Treat
Editor's Pick
Most Read Stories
Offbeat

Meteor hit and asteroid near-miss on same day
Asteroid DA14, for example, was discovered last year, and it was found serendipitously by a group of amateur astronomers.

Letter to the editor

Taxing the rich more is inefficient: Readers react
Though there is little data about the incomes of the rich in India, the experience of America, where taxes on the rich were raised in 1992, shows that high taxes on the rich are not efficient.

News by Industry
Infotech
Your Money
Auto
Taxes and You

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