WPI inflation spikes to 8-month high of 0.26 pc in Nov on costlier veggies, onion
Wholesale price-based inflation rose to an eight-month high of 0.26 per cent in November, driven by a sharp jump in food prices, especially onion and vegetables. The WPI inflation was in the negative or deflationary zone for the past seven months since April and was at (-)0.52 per cent in October. The...
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Sensex, Nifty hit record highs on global market rally as US Fed keeps key interest rate unchanged
14 December 2023 | PTI -
Adani to invest USD 100 bn in green energy transition
13 December 2023 | PTI -
Markets trade lower in early trade; US Fed interest rate decision eyed
13 December 2023 | PTI -
Employers in India most bullish globally on hiring in 2024 March quarter: Survey
13 December 2023 | PTI -
Godrej Properties eyes Rs 3,000 crore revenue from new luxury housing project in Gurugram
13 December 2023 | PTI -
Passenger vehicle wholesales grow in November
13 December 2023 | PTI -
Business brief
13 December 2023 | Agencies
6.7 crore 500 ml bottles of nano liquid urea sold during Aug 2021-Nov 2023: Govt
Sales of nano liquid urea stood at 6.76 crore bottles of 500 ml during August 2021-November 2023 period, the government said on Tuesday. In a written reply to Rajya Sabha, Minister of State for Chemicals and Fertilisers Bhagwanth Khuba said the government has notified nano urea in the Fertilizer Control Order...
‘Power sector imports 35 MT coal during April, October; 13.6 MT for blending’
The domestic power sector imported 35.3 million tonnes (MT) of coal during the April-October period of the current fiscal, Parliament was informed on Tuesday. Of the total imports, the import-based power plants or the plants that run on imported coal brought in 21.7 MT coal, according to the data shared...
Markets take breather after record breaking rally;Nifty hits all time high in intra day trade
Benchmark stock indices closed lower on Tuesday due to profit taking by investors after a record-breaking rally and ahead of release of key inflation numbers. After a two-day rally, the 30-share BSE Sensex fell by 377.50 points or 0.54 per cent to settle at 69,551.03. During the day, it declined 484.68...
SpiceJet posts Rs 446 crore consolidated loss in September quarter
SpiceJet on Tuesday reported a narrowing of consolidated loss of Rs 446.09 crore in the three months ended September, mainly as the crisis-hit carrier reduced overall expenses. The consolidated results include the financials of nine subsidiaries. On a consolidated basis, the airline recorded a total comprehensive loss of Rs 446.09 crore in...
Many people unaware that they lost personal data in cyber attacks: Rubrik CEO
At least one in three people around the world have lost their personal data in a cyber attack and they are not even aware of it, claimed a survey of more than 1,600 companies from the industry. IT and security related decision makers at companies of 500 or more employees participated...
‘10 PSBs transferred NPAs of Rs 11,617 crore to NARCL from January, November’
A total of 10 Public Sector Banks (PSBs) have transferred Non-Performing Assets (NPAs) of over Rs 11,617 crore to NARCL between January and November this year, the Finance Ministry said on Tuesday. In a written reply to a question in the Rajya Sabha, Minister of State for Finance Bhagwat Karad said...
No GST dues pending: Sitharaman
The Centre on Tuesday said no GST dues of any state are pending before it and that some state governments have not submitted AG’s authenticated certificate for release of their share of funds. The narrative that GST dues are pending from the Centre is not correct and is a “misnomer” as...
