New Delhi (IANS) High cost of ‘fuel and power’ due to the Russia-Ukraine war along with those of primary articles pushed up India’s March 2022 wholesale inflation to a 4-month high level. Accordingly, the annual rate of inflation, based on wholesale … read more
New Delhi (IANS) Automobile major Maruti Suzuki India on Friday launched the next-gen Ertiga MPV. As per the company, the next generation of the MPV is powered by an all-new ‘Next-Gen’ K-series 1.5L Dual Jet, Dual VVT engine with smart ‘Hybrid … read more
New Delhi (IANS) Higher cost of food items, as well as expensive fuel and manufactured goods like clothing and footwear, pushed India’s retail inflation to a 17-month high in March 2022. As per the data furnished by the National Statistical Office … read more
New Delhi (IANS) Cement prices are expected to be further raised on the back of high demand as well as rising raw material cost, said Motilal Oswal Financial Services (MOFSL). In March 2022, cement prices rose 2-3 per cent on a … read more
New Delhi (IANS) Rising vehicle prices, coupled with high fuel costs, subdued India’s March automobile retail sales on a year-on-year (YoY) basis, the Federation of Automobile Dealers Associations (FADA) said on Tuesday. FADA data showed a YoY fall of 2.87 per … read more
New Delhi (IANS) The Enforcement Directorate (ED) on Saturday said that they have filed prosecution complaint (Charge sheet) under the provisions of the Prevention of Money Laundering Act, (PMLA) against Luxmi Auto Industries and its partners Satish Kumar Gupta and Parminder … read more
New Delhi (IANS) Total market capitalisation of stocks listed on the Bombay Stock Exchange (BSE) rose by 3.81 lakh crore on Friday – the first day of the fiscal year FY23, data showed. Commonly referred to as market cap, market capitalisation … read more
Mumbai (IANS) Lending major Axis Bank will acquire Citibank’s consumer businesses in India, subject to regulatory approvals. The boards of Axis Bank and Citibank have approved the deal, comprising the sale of the consumer businesses of Citibank India, which includes credit … read more
New Delhi (IANS) Amid volatile trade, shares of IT major Tata Elxsi surged sharply on Monday to hit an all-time high. The sharp rise in share prices come amid reports that the MSCI may include the company in its standard index. … read more
New Delhi (IANS) Shares of bankrupt real estate company Housing Development Infrastructure Ltd almost doubled in the month of March after reports surfaced that Adani Properties showed interest to buy it. Housing Development Infrastructure Ltd is a publicly listed real estate … read more