News Overview

Germany wholesale price inflation advanced to 16.6 percent in February on higher raw materials and intermediate product prices and from 16.2 percent in January, data released by Destatis showed on Monday. Month-on-month, wholesale prices gained 1.7 percent, slower than the 2.3 percent increase in January. Mineral oil products prices gained 43.6 percent and prices of wholesale trade of waste and scrap surged 46.0 percent, data […]

The Wholesale Price Index (WPI) based inflation of India moved up to 13.11% year on year in February from 12.96% in January, according to data released by the commerce ministry today. This is the 11th consecutive month in which WPI has been in double digits.Inflation for manufactured products, which accounts for 64.23% of the WPI basket, rose to 9.84% year on year in February from […]

Real Estate stocks were trading in the negative zone, with the S&P BSE Realty Index index falling 56.79 points or 1.66% at 3359.93 at 13:51 IST.

Metal stocks were trading in red, with the S&P BSE Metal index decreasing 247.76 points or 1.13% at 21593.48 at 13:51 IST.

Oil and Gas stocks were trading in the negative zone, with the S&P BSE Oil&Gas index falling 207.45 points or 1.15% at 17897.67 at 13:51 IST.

Neeraj Basur will serve his notice period and will continue in his current role of Group CFO and KMP until he is relieved on or before May 31, 2022.

The airline has added 60 new domestic flights to its schedule including seven UDAN flights, eight industry-first flights, new connections and additional frequencies.

Business Wire IndiaXeno, the commerce marketing automation engine that guarantees incremental revenue has raised $1.6 million in a seed round from global funds including early Klaviyo backer TJ Mahony’s Vinyl Capital, Ankur Nagpal’s Vibe Capital, Java Capital & Angel Invest Ventures. Curefoods founder Ankit Nagori, Mamaearth founder Varun Alagh, Apache Cassandra’s Prashant Malik, CRED’s Kunal Shah & Miten Sampat, Haptik founder Aakrit Vaish, Loginext founder […]

Battrixx is the battery division of Kabra Extrusiontechnik Ltd. which is a part of Kolsite Group, has been expanding its presence into the two and three-wheeler EV segment.

The Bank has allotted 80,000 senior unsecured redeemable long-term bonds in the nature of debentures on March 11, 2022, on a private placement basis.