Industrial production remains negative, dips 0.5 pc in March

Factory production remained in negative territory for the second month in a row, contracting 0.5 per cent in March due to declining output in manufacturing, especially capital goods.Output as measured by the index of industrial production remained almost flat in 2013-14 and declined 0.1 per cent com...

Retail inflation rises to 3-month high of 8.59% in April

Costlier vegetables, fruits and milk pushed up retail inflation to three-month high of 8.59 per cent in April. The retail inflation, measured on consumer price index was 8.31 per cent in March. As per the data released by the government, food inflation increased to 9.66 per cent against 9.1 per cent...

Industrial production remains negative, dips 0.5 pc in March

Factory production remained in negative territory for the second month in a row, contracting 0.5 per cent in March due to declining output in manufacturing, especially capital goods.Output as measured by the index of industrial production remained almost flat in 2013-14 and declined 0.1 per cent com...

Retail inflation rises to 3-month high of 8.59% in April

Costlier vegetables, fruits and milk pushed up retail inflation to three-month high of 8.59 per cent in April. The retail inflation, measured on consumer price index was 8.31 per cent in March. As per the data released by the government, food inflation increased to 9.66 per cent against 9.1 per cent...

Sensex closes at record high

The Sensex at the Bombay Stock Exchange zoomed a massive 557 points, to a new record closing high of 23,551, today, on strong buying in blue-chips. The Nifty at the National Stock Exchange shot up 155 points, to a record closing peak of 7,014.

Oil prices rise in Asia<br/>

Oil prices rose in Asia today after pro-Russian rebels in eastern Ukraine claimed a majority of voters in a disputed referendum chose independence, raising fears of a civil war that could disrupt supply. New York&apos;s main contract, West Texas Intermediate (WTI) was up nine cents to 100.08 dol...

Hinduja brothers emerge as richest in UK

The Hinduja brothers have emerged as the richest in the UK. According to the Sunday Times&apos;, &apos;Super-Rich List&apos;, made public today, the London-based Srichand and Gopichand Hinduja are at the top, having a fortune of 11.9 billion pounds - up by 1.3 billion pounds in the past ...

FII net inflows in Indian markets hit Rs 5000 crore

Foreign investors have pumped in nearly 5,000 crore rupees in the Indian market so far this month on hopes of a stable and reforms-oriented government after the general elections results next week.The SEBI sources said Foreign Institutional Investors pumped in 2,124 crore rupees in the stock market,...

Montek: Speedy implementation of GST & reduction in fiscal deficit should be thrust areas for new govt

Caparo Group wins International Business of the Year award 2014<br/>

Caparo Group founded by leading NRI industrialist Lord Swraj Paul has won the International Business of the Year award 2014 at the Asian Business Awards Midlands in Birmingham.Receiving the award on behalf of the company in London on Friday evening, Lord Paul&apos;s daughter Anjli Paul dedicated...