Equities settle negative as auto, financial services stocks slump

New Delhi (IANS) The Indian equity indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses from the previous session and settled lower on Tuesday.

The decline was primarily led by auto, financial services, realty stocks, among others.…

India's Nov merchandise exports up over 27% YoY

New Delhi (IANS) India's November merchandise exports rose to $30.04 billion, higher by 27.16 per cent on a year-on-year basis, official data showed on Tuesday.

Exports during November 2020 stood at $23.62 billion.

The data by the…

Wipro picks Oracle Cloud to fast digitise air cargo processes

New Delhi (IANS) IT major Wipro on Monday selected Oracle Cloud to digitise its air cargo process, as demand grows for rapid cargo transportation services in the country.

The Oracle Cloud Infrastructure (OCI) will power Wipro's Cargo Reservations,…

India's Nov retail inflation sequentially inches up to 4.91%

New Delhi (IANS) Higher food prices, as well as rising commodity costs, lifted India's November retail inflation on a sequential basis, official data showed on Monday.

Data furnished by the National Statistical Office showed that Consumer…

India's space sector startups gearing up for successful lift off

Chennai (IANS) Space is the next frontier for India's startups and major industrial groups are attempting to conquer it.

With the BJP government last year announcing to open the sector for private players, many startups have entered this…

FSI expected to grow by 9?GR over FY20-25E: MOFSL

New Delhi (IANS) The Indian food service industry (FSI) is expected to grow by nine per cent CAGR over FY20-25E.

As per Motilal Oswal Financial Services (MOFSL), the growth of FSI is being driven by rising income levels, urbanisation, and nuclearisation…

High prices of automobiles likely to persist during next year: Report

New Delhi (IANS) High prices of automobiles are likely to persist at elevated levels even during 2022, said Grant Thornton Bharat in a report.

Lately, increasing cost of commodities in India has resulted in record-high prices for new and used…

Indian equities down in early trade

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) fell during early trade on Friday.

At 11 a.m. the S&P BSE Sensex traded at 58,595 points, down 0.36 per cent.

It opened at 58,696 points from the previous close of 58,807 points.

Xiaomi-Poco India market share clubbed together, shows realme's tweet

New Delhi (IANS) Fastest-growing smartphone brand realme tweeted a creative on Friday that showed India data for the month of October from a leading global research firm, where Xiaomi's smartphone market share has been clubbed with its independent…

India's Oct industrial production eases sequentially to 3.2 percent

New Delhi (IANS) High base effect, along with supply side constraints such as semiconductor shortages, eased India's industrial output growth to 3.2 per cent in October, on both year-on-year and sequential basis.

The rise in Index of Industrial…