Business

January 14, 2015 1:39 PM

WPI inflation almost flat at 0.11 pc in Dec

Due to increase in prices of food items the Wholesale Price Index, WPI based inflation has marginally increased to 0.11 percent in December from 0.0 percent in November 2014.The WPI inflation stood at 6.40 percent during the corresponding month of the previous year.According to the data released by ...

January 14, 2015 11:27 AM

Oil prices dip further in Asian trade

Oil prices have slipped further in Asian trade towards six-year lows after major crude producers stressed that they will maintain output levels despite an oversupply. US benchmark West Texas Intermediate (WTI) for February delivery was down 34 cents at 45 dollars 55 cents a barrel in late morning tr...

January 13, 2015 9:15 PM

LIC says not exiting LIC Nomura Mutual Fund

LIC of India today denied reports that it is likely to exit LIC Nomura Mutual Fund Asset Management Company Limited. In a press release issued from Mumbai, LIC has said that it is neither contemplating nor does it intend to review its present position in LIC Nomura Mutual Fund Asset Management Compa...

January 13, 2015 5:47 PM

Crude oil prices fall to six-year low

Global crude oil prices fell to an almost six-year low, today, as OPEC producer, the United Arab Emirates stood by the group's decision not to cut output to tackle a glut in the market. Brent crude oil slipped to 45.23 dollars as barrel, its lowest since March 2009. U.S. crude dropped to as...

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