What made news in ET this week

THE ECONOMIC TIMES Sat, May 27, 2017 | 02:04 PM IST Weekly News Platter

Believe it or not! Petrol could be below Rs 30 a litre in 5 years The dim future of oil will also have a major geopolitical impact: the economies that depend mostly on oil will be hit badly. readmore Moody's makes Modi smile with China's first rating downgrade in 30 years The downgrading signals to the international community that all is not well with China, especially when it is launching its ambitious one-belt one-road plan. Globetrotter Prime Minister: How Modi turns the world into his office Prime Minister Narendra Modi has travelled approximately eight-and-a-half times around the globe since he took charge as prime minister in 2014.

Editor's Pick Modi govt planning to create India's own Harvard New framework to catapult Indian institutions to global recognition by freeing the best of them from UGC's restrictions & ushering in greater autonomy. India, Japan join hands to counter China's OBOR AAGC aims to be an efficient mechanism for linking economies, industries and institutions, ideas and people between Africa and Asia in an inclusive fashion. Dhola-Sadiya bridge is India's way to tell China to keep off At present, the army enters Arunachal Pradesh via Tezpur in Assam. It takes about two days from Tezpur to reach the border in areas in Arunachal Pradesh. Army sends strong message to Pak, strikes posts along LoC "Punitive fire assaults are being undertaken across the LoC. We proactively dominate LOC. We want peace and tranquility in J&K," an Army spokesperson said.

Most Popular This Week Banks sitting on an Rs 8 lakh crore time bomb, govt told Tejas Express' first trip: Passengers steal headphones, scratch LCD monitors 95% people won't own cars in 15 years, says top disruption guru Cognizant President Rajeev Mehta writes to employees, assuages layoff concerns View: Jobs are Modi's central mission, and he's failing. Read how

Story of The Week Already grappling with automation & protectionism, IT sector has a new threat - unions IT employees for decades have enjoyed double-digit pay hikes, comfortable work conditions, established redressal mechanisms and lavish perks. read more

Money Buying a house? RERA likely to make 20:80 schemes unviable The implementation of RERA is likely to mean the end of special financing schemes such as the popular 20:80 scheme. Read on to find out why. EPFO may reduce PF contributions to 10% Presently, employees and employers contribute 12% of basic wages each towards PF, pension scheme and Employee Deposit Linked Insurance Scheme.

Stock Round Up Up to 12,000% return in Modi raj! 64 crazy stocks that soared in past 3 years In the broader market, select stocks have risen up to 120 times, during this period.

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