New Delhi (IANS) Wholesale growth is expected to continue for tractors, passenger vehicles and two-wheelers said equity research firm Emkay. As per its sectoral update, channel checks indicate better retail sales for tractors and PVs, while it remains subdued for 2Ws … read more
New Delhi (IANS) The production of India’s eight major industries remained flat on a year-on-year basis during January 2021. The Index of Eight Core Industries’ reading for last month showed a rise of just 0.1 per cent in output from an … read more
New Delhi (IANS) The shares of Prime Focus hit the roof on Thursday to close 20 per cent higher at Rs 62 with huge volumes. Market players expect SEBI to revise the open offer price at fair value. The Securities … read more
New Delhi (IANS) The government has lifted the embargo on private sector banks to undertake Central and state government business, which is still a forte of the public sector banks and three large private players in a limited way — ICICI … read more
New Delhi (IANS) The disruptions caused by Covid pandemic and additional checks on investment helped India to reduce its widening trade deficit with China in 2020. As per official data, India’s trade deficit with China declined by 19.39 per cent from … read more
New Delhi (IANS) The worst is over for Indias civil aviation sector as passenger traffic is fast reaching pre-Covid levels. In a conversation with IANS, Civil Aviation Secretary Pradeep Singh Kharola said that the worst is over for the aviation sector … read more
New Delhi (IANS) Civil Aviation Minister Hardeep Singh Puri on Saturday said that the country’s air passenger traffic is “within touching distance of pre-Covid numbers”. In a tweet, the minister said: “2,90,518 passengers on 2,360 flights on 19 Feb is within … read more
New Delhi (IANS) As equity and equity-linked mutual funds witnessed outflow of funds for the seventh consecutive month in January, domestic mutual funds trimmed positions in Nifty heavyweights including Reliance Industries (RIL), Infosys and Bharti Airtel, showed an Edelweiss report. It … read more
Mumbai (IANS) The Indian stock market declined on Thursday with profit booking continuing for the third consecutive session. Finance, auto and banking sectors witnessed heavy selling pressure during the day. “Global cues continue to be weak on concerns over rising inflation … read more
New Delhi (IANS) Even as it maintains a cautiously optimistic stance on sales growth in India, automobile major Hyundai is committed to the planned investment target in the country. Nearing its silver jubilee in India, the company foresees better days ahead … read more