India's retail inflation rises to 3.77 percent

New Delhi (IANS) Higher food and fuel prices accelerated India's September retail inflation to 3.77 per cent from 3.69 per cent in August, official data showed on Friday.

Even on a year-on-year (YoY) basis, the Consumer…

Global PC shipments hit 67.2 mn units in Q3, Lenovo leads

New Delhi (IANS): Lenovo secured the top spot in the worldwide PC market with HP Inc came second as the global PC shipments hit 67.2 million units in the third quarter of 2018 -- a 0.1 percent increase from the third quarter last year, research company…

Sensex plummets 800 points, Nifty below 10,300 as volatility rules

Mumbai (IANS): India's key equity indices plummeted in the afternoon session on Thursday after a feeble recovery early on, as concerns about global growth and expectations of ever-tighter interest rates in the United States roiled markets across…

iPhone repair fraud in China cost Apple billions of dollars: Report

San Francisco (IANS): Fraudulent iPhone repair claims made in China cost Apple billions of dollars over a period of five years, according to a report in The Information.

As part of the highly sophisticated fraud scheme run by organised teams,…

Sensex, Nifty jump on value buying, hopes of upbeat earnings

Mumbai (IANS): Key equity indices jumped on Wednesday, as investors piled into beaten-down stocks amid expectations of robust corporate earnings for the second quarter ended September.

The S&P BSE Sensex vaulted over 400 points, while…

Cabinet approves closure of loss-making Biecco Lawrie

New Delhi (IANS): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved closure of Kolkata-based Biecco Lawrie Limited (BLL), after several attempts to revive the loss-making company failed, an official statement said.

The…

China seeks India's cooperation amid trade war with US

New Delhi (IANS): China and India need to deepen their cooperation to fight trade protectionism, the Chinese Embassy here said on Wednesday, as it accused the US of provoking trade disputes by adopting a unilateral approach.

"As the two…

IMF gives credit for reforms under Modi, projects India as fastest growing

United Nations (IANS): The International Monetary Fund (IMF) on Tuesday acknowledged the economic reforms carried out under Prime Minister Narendra Modi and projected India to be the world's fastest growing major economy this year and next.

Sensex down 150 points, Nifty below 11,300-mark

Mumbai (IANS): The key equity indices traded in the negative territory during the mid-afternoon trade session on Tuesday.

Although it opened in the green, the Sensex was down 150 points and the Nifty traded below the 11,300-mark owing to the…

Flipkart to insure mobiles bought on its e-platform

Bengaluru (IANS) Leading e-tailer Flipkart on Sunday said it had tied up with Bajaj Allianz General Insurance to offer insurance to products like mobiles bought on its online shopping platform from October 10.

"We will offer…