New Delhi: Wholesale Price Inflation (WPI) fell to a 27-month low of (-) 1.21 per cent in October, led by a sharp deflation in food items like pulses and vegetables, and lower prices of fuel and manufactured items, government data showed on Friday. WPI-based inflation was 0.13 per cent in September and 2.75 per cent…
New Delhi: Moody’s Ratings on Thursday projected India’s economy to grow at 7 per cent in 2025 and 6.5 per cent in the next year, supported by domestic and export diversification, amid a neutral-to-easy monetary policy stance. Moody’s, in its Global Macro Outlook, said India’s economic growth is supported by robust infrastructure spending and solid…
Kolkata: In-form wicketkeeper-batter Dhruv Jurel will play the opening Test against South Africa, and all-rounder Nitish Reddy is likely to sit out, India’s assistant Ryan Ten Doeschate said on Wednesday. The opening Test begins here on Friday. “I think we have got a pretty good idea of the combination. Given the way Dhruv has gone…
New Delhi: A high-intensity explosion ripped through a car parked near the Red Fort metro station on Monday evening, gutting several vehicles and killing at least nine people and another 10 seriously wounded, besides 19 injured, officials said. Twenty-four people were injured in the blast that took place on a busy evening when the area…
The idiosyncratic talent that binds two highly ambitious individuals, Prashant Kishor and Arvind Kejriwal, is their tactical shrewdness, an essential qualification to enter politics in India. Arvind Kejriwal used this talent and rode on Anna Hazare’s anti-corruption movement and formed the Aam Aadmi Party in 2012, promising clean politics and good governance free from illegitimate…
New Delhi: Reliance Group chairman Anil Ambani has been summoned again by the Enforcement Directorate (ED) for questioning next week in an alleged bank fraud-cum-money laundering case, according to sources. The 66-year-old businessman was questioned by the federal probe agency in August. Anil Ambani has been asked to depose on November 14 for questioning in…
Mumbai: The rupee appreciated 8 paise to 88.62 against the US dollar in early trade on Thursday amid a weak American currency and lower level of crude oil prices overseas. Positive sentiment in domestic equity markets also supported the Indian currency even though selling pressure from foreign investors prevented a sharp gain, forex traders said….
Mumbai: Business solutions provider Transguard Group on Wednesday announced signing a strategic pact with digital automotive platform myTVS for transforming the automotive, aviation and supply chain sectors in the UAE. The collaboration is designed to introduce innovative solutions, drive industry-wide efficiencies, and competitiveness across these key sectors, the company said. “By providing complete end-to-end solutions,…
New Delhi: Tata Consultancy Services on Tuesday said it has extended its decade-long partnership with British supermarket chain Morrisons to accelerate the latter’s digitisation efforts and help align operations across key business functions. The five-year partnership will focus on helping Morrisons advance its strategic priorities by enhancing operational efficiency, transforming its loyalty programme, improving customer…
New Delhi: Gopichand P Hinduja, chairman of the globe-spanning Hinduja Group, died in London at the age of 85, sources close to his family said. Fondly known as ‘GP’ in business circles, Gopichand P. Hinduja was unwell for the past few weeks and died in a London hospital, they said. Gopichand, who belonged to the…
