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Wholesale price index slips into negativ...

Wholesale price index slips into negative zone

Riding high on the fall in fuel prices, the wholesale price index (WPI) dipped to – 0.39 per cent in January. A fall in inflation has been recorded for the eighth consecutive month. Inflation was at 0.1 per cent in December. The WPI plunged into the negative zone as the slide in fuel prices more... read more »

Gold, silver prices rise on brisk buying, global cues
Gold recovers on wedding season demand

Gold recovers on wedding season demand

Gold prices on Monday recovered by Rs 70 to trade at Rs 27,700 per ten gram at the bullion market, largely supported by wedding season demand from jewellers and retailers amidst a firming global trend. Silver rose for the third day by gaining Rs 200 to Rs 38,900 per kg on continued buying by coin... read more »

SEBI seeks fresh clarification on UFO Mo...

SEBI seeks fresh clarification on UFO Moviez’s Rs. 750 crore IPO

Market regulator SEBI has sought fresh clarification from UFO Moviez India on the company’s proposed Rs. 750 crore initial public offer (IPO). Without disclosing the details of information sought, the Securities and Exchange Board of India said “clarifications awaited from lead manager” for... read more »

Volkswagen launches refreshed Jetta

Volkswagen launches refreshed Jetta

Volkswagen, on Tuesday, launched face-lifted Jetta here. The new version comes with changes in exterior and interior. The 1.4 TSI petrol variant comes in two trims — Trendline priced at Rs.13.87 lakh and Comfortline at Rs.15.36 lakh. The Diesel 2.0 TDI comes in four trims — Trendline at... read more »

More from Business

RBI warns of rising tide of NPAs

RBI’s credibility loss: It’s wrong to blame Subbarao alone; UPA is equally res...

The mid-year economic review of the Narendra Modi government has made some strong-worded, direct observations against former RBI governor D Subbarao saying the monetary policy lost... read more »

Bharti Retail Plans to borrow up to 2k cr

MUMBAI: A year after parting ways with Walmart, billionaire Sunil Mittal’s Bharti Retail plans to borrow up to 2,000 crore to accelerate store openings and spruce up operations. The... read more »

More Steps to Rationalise Subsidies on Anvil: Arun Jaitley

New Delhi: Assuring India Inc of NDA’s commitment to carry forward economic reforms, Finance Minister Arun Jaitley today said the government will come out with more steps to... read more »

Aurobindo Pharma completes $132.5-million Natrol acquisition

NEW DELHI: Drug firm Aurobindo PharmaBSE -0.68 % has completed the acquisition of assets of nutritional supplement maker Natrol Inc and its other affiliate entities for $ 132.5 million... read more »

RBI injects Rs 38.46 bn in banking system via repos

The Reserve Bank of India (RBI) has injected Rs 38.46 billion in the banking system via 1-day repo on Dec. 3, 2014. At the auction conducted under liquidity adjustment facility, the central bank... read more »