Modi govt to reduce dependence on edible oil imports

New Delhi (IANS) The Modi government is now planning to work on mission mode to reduce the dependence of the country on edible oil imports, under which it would be increasing production of edible oil from various sources along with spreading public…

Fraudulent transactions of Rs 6,182 crore in DHFL unearthed

New Delhi (IANS) Transaction auditor Grant Thornton, in a report shared with the Administrator of DHFL, has found certain transactions which are undervalued, fraudulent and preferential in nature, putting the newly-discovered fraud at Rs 6,182 crore.

Want to see pvt sector unleash its animal spirits: Sitharaman

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Saturday said that the Union Budget 2021-22 has assured clarity and certainty on policy, taxation, infrastructure capex and privatization and now it is entirely up to the private sector to invest…

Fuel prices break into new highs across country

New Delhi (IANS) Petrol and diesel price continued to rally northward on Thursday, the 10th consecutive day when its retail prices rose across the country. In Sri Ganganagar town in Rajasthan, normal petrol price has shot up over Rs 100 per litre…

BigBasket says no comment on Tata Group's acquisition bid

New Delhi (IANS) BigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority stake in the grocery delivery platform.

TechCrunch earlier reported, citing sources, that Tata Group is buying over 60 per cent stake…

Equity indices touch new highs, Sensex crosses 52,500

Mumbai (IANS) The Indian stock market continued its bull run on Tuesday morning with both the key indices scaling new highs.

The BSE Sensex has touched an all-time high of 52,516.76 points.

Around 10.25 a.m., it was trading at 52,336.54,…

Metals on upward move amid US stimulus hopes, demand support

New Delhi (IANS) The metal market is again on an upswing with futures of both precious and base metals on the rise largely on the hopes of the proposed massive $1.9 trillion stimulus package in the US along with improving demand.

Earlier this…

Sensex crosses 52,000 for the first time

Mumbai (IANS) The Indian equity market surged on Monday morning with the BSE Sensex crossing the 52,000 mark for the first time ever.

Around 9.56 a.m., Sensex was trading at 52,053.80, higher by 509.50 points or 0.99 per cent from its previous…

India's WPI sequentially rises to 2.03% in Jan

New Delhi (IANS) India's annual rate of inflation based on wholesale prices sequentially rose to 2.03 per cent in January from a rise of 1.22 per cent in December.

In contrast, the January inflation rate last month was lower on a year-on-year…

Diesel price rise highest in Delhi by 36 paise/litre

New Delhi (IANS) Petrol and diesel prices maintained its northward rally on Saturday amid firm global prices with the benchmark Brent crude gaining over 2 per cent on a single day to cross $62 a barrel mark.

Accordingly, oil marketing companies…