Retail inflation for farm and rural workers eased to 3.25 per cent and 3.34 per cent, respectively, in December, mainly due to lower prices of certain food items.
The factory will generate almost 10,000 jobs and with an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world.
Gold prices rose for the third consecutive day gaining Rs 347 to Rs 48,758 per 10 gram in the national capital on Wednesday, in line with rally in global precious metal prices, according to HDFC Securities.
Benchmark BSE Sensex rose by 393 points on Wednesday following gains in IT, energy and auto stocks amid strong global cues on hopes of fresh stimulus measures by the incoming US administration.
GoAir is operating flights carrying the vaccine doses to Lucknow, Chennai, Cochin, Port Blair and Kolkata on Wednesday, it said. In the first phase, which started from January 13, the city-headquartered air operator transported a total of 7,20,000 doses to five destinations.
“Indian Railways is happy to announce the naming of 12311/12312 Howrah-Kalka Express as “Netaji Express” Netaji’s prakram had put India on the express route of freedom and development,” the ministry of railways said.
An all-party meeting is a customary procedure before the beginning of every session of Parliament to ensure its smooth functioning.However, this time it is being held a day after the session starts on January 29.
Leading IT stocks also advanced in morning trade on hopes of fresh US stimulus measures. HCL Tech rose by 1.15 per cent, Tech Mahindra by 1.14 per cent, TCS by 0.85 per cent and Infosys by 0.74 per cent.
Indigo Paints IPO will open for public subscription on Wednesday. The company has fixed a price band of Rs 1,488-1,490 a share for its initial share-sale.
The government is considering to tweak norms for e-commerce companies having FDI to prohibit them from selling products of vendors in which these online marketplaces or their parent firms hold stake indirectly, according to sources.
The Mumbai Police has cautioned against fake shopping websites asking citizens to remain aware that can harm their hard-earned money.
The RBI on Tuesday said state-owned SBI, along with private-sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) or institutions that are 'too big to fail'.
The initial public offer of Indian Railway Finance Corporation was subscribed 1.22 times on the second day of subscription on Tuesday. The offer received bids for 1,52,64,04,775 shares against 1,24,75,05,993 shares on offer, as per the data available with NSE.
In a representation to the government ahead of the Union Budget for 2021-22, the Aluminium Association of India said, "The Indian aluminium industry seeks immediate government support to tide over this challenging phase and look forward for supportive measures in the forthcoming Union Budget 2021-22.
The Adani Group on Tuesday signed concession agreements with the Airports Authority of India for the management, operations and development of Guwahati, Jaipur and Thiruvananthapuram airports.
Gold prices rose Rs 198 to Rs 48,480 per 10 gram in the national capital on Tuesday following a rally in international precious metal prices, according to HDFC Securities.
Equity benchmark Sensex soared 834 points on Tuesday, tracking strong gains in index majors HDFC twins, ICICI Bank and Reliance Industries amid an upbeat trend in global markets.
The initial public offer of the Indian Railway Finance Corporation (IRFC) was subscribed 65 per cent on the first day of subscription on Monday.
In the previous session, Sensex ended 470.40 points or 0.96 per cent lower at 48,564.27, while Nifty tumbled 152.40 points or 1.06 per cent to 14,281.30.
The company is increasing the price for select models owing to an increase in various input costs...The new prices are effective from January 18, 2021, Maruti Suzuki India said in a regulatory filing.
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