Cheaper food prices lower retail inflation in February

New Delhi (IANS) Lower food prices halved India's retail inflation in February 2019 to 2.57 per cent, from 4.44 per cent during the corresponding month of last year, official data showed on Tuesday.

Accordingly, the Consumer Food Price…

Sensex up 250 points, oil, gas stocks surge

Mumbai (IANS) Amid mixed global cues Sensex surged close to 250 points as key equity indices opened in green on Monday, owing to gains in the banking and finance stocks.

Healthy buying was seen in all the sectors with BSE Oil and Gas index…

Private equity investments up 51% in February

New Delhi (IANS) Private equity or venture capital investments rose by 51 per cent year-on-year to $2.6 billion (Rs 18,177.9 crore) in February 2019, said an EY report. It was 41 per cent higher than January.

"February 2019…

Oil companies maintain check, petrol and diesel may remain soft till elections end

New Delhi (IANS) Rising retail price of petrol and diesel prices is unlikely to become a problem for the ruling NDA government in the coming general elections as it seems to have tempered its policy of market-determined retail pricing of petroleum…

Petrol prices on Sunday up 9-10 paise

New Delhi (IANS) Petrol prices rose in the range of 9 to 10 paise in the four metropolitan cities of the country on Sunday, while diesel prices remained unchanged.

In the national capital, petrol was priced at Rs 72.40 a litre, 9 paise higher…

Nirav Modi tracked down to London

New Delhi (IANS) Fugitive diamantaire Nirav Modi, who is wanted by Indian agencies in the Rs 13,500 crore Punjab National Bank fraud case, has been spotted in London, a media report said.

A video released by the UK's The Telegraph newspaper…

Government garners Rs 57,523.32 cr from sell-offs post Dredging Corp stake sale

New Delhi (IANS) The government's FY19 disinvestment proceeds have reached Rs 57,523.32 crore following its decision to sell its entire stake in the Dredging Corporation (DCI) to a consortium of four state-owned ports for Rs 1,050 crore.

The…

IGIA declared as 'Best Airport' in 2018 ASQ Awards

New Delhi (IANS) The Indira Gandhi International (IGI) airport here has been adjudged as the best airport in the category of over 40 million passengers per annum (MPPA) in Asia Pacific by Airports Council International (ACI) in the Airport Service…

NCLT approves ArcelorMittal's Rs 45,000 cr Essar Steel takeover plan

Ahmedabad (IANS) The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Friday approved ArcelorMittal's Rs 45,000 crore resolution plan for the insolvent Essar Steel.
 

Key Indian equity market indices open in green

Mumbai (IANS) Despite a muted trend in Asian markets, the key Indian equity market indices on Thursday opened higher.

The Sensitive Index (Sensex) of the BSE, which had closed at 36,636.10 points on Wednesday, opened higher at 36,744.02 points.