Sensex slumps 470 points, Yes Bank down 15%

New Delhi (IANS) The key Indian equity indices slumped over 1 per cent on Thursday with the BSE Sensex closing 470 points lower, owing to heavy selling in oil, metal and IT stocks amidst mixed global cues.

Selling acitivity was witnessed across…

Himachal apples economy comes under the weather

Shimla (IANS) Climate change has literally brought under the weather the Rs 3,500-crore fruit economy of Himachal Pradesh.

Apple growers say their business, which alone constitutes 89 per cent of the total fruit economy, is not as fruitful…

Petrol, diesel prices may shoot up by Rs 5-6 a litre

Mumbai (IANS) Following the largest ever-disruption of crude production in Saudi Arabia amid drone attacks on its key facilities, prices of petrol and diesel in India may shoot up by Rs 5 to 6 a litre in next fortnight, experts said on Monday.

ED attaches eBIZ.Com's Rs 277 crore assets

New Delhi (IANS) The Enforcement Directorate on Tuesday attached Rs 277.97 crore assets of Noida-based eBIZ.COM Pvt Ltd and others in a "pyramid style" multi-level marketing fraud, the ED said.

The properties attached under the Prevention…

Apple can change manufacturing scenario of India: Dhotre

New Delhi (IANS) The government sees iconic companies like Apple and large consumer goods makers like Samsung as big players in electronics who can change the face of manufacturing in India, Minister of State for IT and Telecom Sanjay Shamrao Dhotre…

August WPI rate remains unchanged, eases on YoY basis

New Delhi (IANS) The rise in India's August wholesale price inflation (WPI) rate remained flat sequentially, but eased on a year-on-year basis, official data showed on Monday.

Accordingly, the rise in August's WPI remained unchanged…

Motorola launches first smart TV in India, Moto e6s phone

New Delhi (IANS) Following the footsteps of Chinese smartphone maker Xiaomi, Lenovo-owned Motorola has ventured into the consumer durables space with the launch of a smart TV for the first time in India on Monday.

Motorola also announced the…

Committed to building EV ecosystem in India: Dassault Systemes

New Delhi (IANS) With the government setting a target of 2023 to step up the adoption of Electric Vehicles (EVs) in India, global 3D design company Dassault Systemes is mulling to invest more for the development of the EV ecosystem in the…

Cox & Kings & family of wealth destroyers: Investors flee stocks even at rock bottom pricing

Mumbai (IANS) Apart from the general weakness in the financial markets at present, sharp fall in some prominent stocks have caught the retail investors by surprise.

Traders have resorted to panic selling, often at rates even less than…

FM announces new measures to boost exports

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Saturday introduced RoDTEP - Remission Of Duties for Export Products - to replace the existing Merchandise Exports From India Scheme (MEIS).

Revenue foregone as a result of RoDTEP implementation…