ED attaches assets of D.S. Kulkarni Developers worth Rs 904 cr

New Delhi (IANS) The Enforcement Directorate (ED) has attached assets worth Rs 904 crore of D.S. Kulkarni Developers Ltd (DSKDL) for cheating and siphoning off deposits worth Rs 1,084 crore from Maharashtra investors for more than a decade.

Kulkarni…

India's exports in Jan up 4%; imports rise marginally

New Delhi (IANS) India's merchandise exports grew 3.74 per cent on a year-on-year basis in January, official data showed on Friday.

According to the data released by the Ministry of Commerce and Industry, India's January 2019 exports…

India's January WPI eases to 2.76%

New Delhi (IANS) India's annual rate of inflation based on wholesale prices eased to 2.76 percent in January from 3.02 percent reported for the corresponding month of 2018, official data showed on Thursday.

On a sequential basis, the Wholesale…

Equity indices hold on to gains, Sensex 95 points up

Mumbai (IANS) The key Indian equity indices traded in the green on Wednesday afternoon, supported by easing retail inflation and firm global markets.

The S&P BSE Sensex traded nearly 100 points higher during around 1.25 p.m.

India's…

Sensex, Nifty end in red after last hour sell-off

Mumbai (IANS) Key indices Sensex and Nifty succumbed to the final-hour selling pressure after trading in the green for the better part of Wednesday's session on account of easing inflation giving way to expectations of further rate cut.

IT…

Xiaomi leads India smartphone market in 2018, Samsung second

New Delhi (IANS) Chinese brand Xiaomi with 28.9 percent market share led the Indian smartphone market in 2018, followed by South Korean brand Samsung at 22.4 percent and Vivo at 10 percent, an International Data Corporation (IDC) report said on Tuesday.

Government spent Rs 1,157 cr in 2017-18 without approval: CAG

New Delhi (IANS) The Centre spent Rs 1,150 crore more during the last fiscal across various grants without Parliament's authorisation, the national auditor said here on Tuesday.

"During 2017-18 in cases across 13 grants, there was…

Lower food prices more than halve India's retail inflation in January

New Delhi (IANS) Lower food prices more than halved India's retail inflation in January 2019 to 2.05 percent from 5.07 percent during the corresponding month of last year, official data showed on Tuesday.

On sequential basis, the Consumer…

Sensex down 110 points, Nifty below 10,950

Mumbai (IANS) The Sensex slid over 100 points after opening in the green while the Nifty shed close to 50 points during the morning trade session on Monday.

Except for IT stocks on the BSE, all the others sectors traded lower. Oil and gas,…

Brexit may bring long-term gains for India: Experts

New Delhi (IANS) Britain is set to leave the European Union on March 29 and concerns remain across the globe with the financial markets already jittery over the possibility of a no-deal Brexit. For India, experts say, Brexit might have a short-term…