Petrol prices unchanged after 8 paise fall on Friday

1 month ago
Petrol prices across the four metros were stable on Saturday. In the national capital, the fuel was sold at an unchanged price of Rs 76.35 per litre. In Kolkata, Mumbai and Chennai too, prices were stable at Rs 79.02, Rs 84.18 and Rs 79.24 per litre Petrol Prices Rema ... ...

WPI inflation spikes to 14month high of 4.43% in May on costlier fuel

1 month ago
Inflation based on wholesale prices shot up to a 14month high of 4.43 per cent in May on increasing prices of petrol and diesel, prompting industry to demand action from policymakers to keep fuel prices under check. The Wholesale Price Index (WPI Wholesale Price Index inflati ... ...

India's wholesale inflation in May doubles YoY to 4.43%

1 month ago
A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 percent, to nearly double over the 2.26 percent registered in May last year and higher than the 3.18 percent recorded in April, 2018, Commerce Whol ... ...

Retail inflation hits 4mth high of 4.87% in May on costlier veggies, fuel

1 month ago
Retail inflation jumped to 4month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled with high fuel rates. Based on Consumer Price Index (CPI), the retail inflation was at 4.58 per cent in the preceding ... ...

RBI policy rate hike transmission soon, say bankers

1 month ago
Bankers said today that the Reserve Bank's decision to hike policy rate by 25 basis points will anchor inflationary expectations and policy rate transmission would happen in the coming days. Anticipating policy rate hike, many big lenders including SBI Four firsts, two surprises and three ta ... ...

Faux pas: Petrol, diesel prices cut by 1 paisa, not 60 paise

2 months ago
Petrol and diesel prices were today cut by 1 paisa per litre each, the first reduction after 16 days of relentless price hikes. But the marginal decline had its share of excitement with stateowned Indian Oil Corp (IOC) first announcing a reduction of ... ...

Retailers to move CCI against WalmartFlipkart

2 months ago
Retailers have joined hands to approach fair trade regulator CCI against USD 16 billion WalmartFlipkart deal as they apprehend that the it would lead to massive job loss and be a "nightmare for retail trade" of the country. Traders body CAIT in a ... ...

Public urges Govt to tackle fuel price hike

2 months ago
As the prices of petrol and diesel touched an alltime high on Sunday, the public urged the Central Government to come up with a plan to tackle the problem of everrising fuel prices. The petrol and diesel prices have been increased by 17 paise a litre Petrol, diesel prices hit at all time high as oil companies hike rates ... ...

Services activity rises, employment growth improves to fastest since March 2011: Nikkei India Services PMI

2 months ago
Nikkei India Services Business Activity Index rises to 51.4 in April 2018 from 50.3 in March 2018. India's service sector continued to improve at the start of the quarter, with business activity rising at a faster pace, supported by new order growth ... ...

Danish engineer gets life term for Swedish journalist's murder

3 months ago
Danish inventor says journalist died after air pressure drop on submarine Danish inventor tortured journo before killing her:prosecutors Danish inventor Madsen gets life term for journalist's murder SpaceX launches world's most powerful rocket Danish ... ...

Tech weakness drags on stocks; oil recovers after Trump remarks

3 months ago
Poll Supply discipline and demand to prop up oil prices in 2018 Oil settles lower after dollar reverses losses Surging US output 'a concern' for oil market: OPEC Oil climbs with equities, Saudi Arabia hikes crude grades OPEC chief expects 2018 oil ... ...

Deflating food prices softens India's WPI inflation (Roundup)

3 months ago
India's wholesale inflation softens to 2.47% Inflation under control for 4th year as government takes measures: Economic Survey Inflation During 201718 Averaged to the Lowest in the Last Six Years 'Avg inflation during 201718 lowest in six years ... ...

US adds India in currency monitoring list along with China

3 months ago
Forex reserves down by USD 152.4 mn to USD 421.334 bn RBI net buys USD 1.665 bn of US currency in February US dollar rallies amid eased trade worries No major downside risks seen on India due to trade war: Official China forex reserves rise slightly as ... ...

US adds India to currency watch list

3 months ago
US adds India in currency monitoring list along with China Rupee gains 10 paise to end at 65.11 against dollar US dollar rallies amid eased trade worries Forex reserves down by USD 152.4 mn to USD 421.334 bn China forex reserves rise slightly as U.S ... ...

Oil cos say no directive from govt to defer price hike

3 months ago
The government has not asked stateowned oil firms so far to avoid raising the retail price of petrol and diesel in view of next month's elections in Karnataka, heads of IOC and HPCL said today. The government was said to have informally directed state Govt ask Indian Oil ... ...

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