Wholesale inflation rises to 11.39% in August; manufactured items turn costlier, food prices soften

New Delhi, September 14 The wholesale price-based inflation rose marginally to 11.39 per cent in August, mainly due to costlier manufactured goods, even as food prices softened. Snapping the two-month easing trend, WPI inflation rose in August and remained in double-digit for the fifth consecutive month. In July 2021, WPI…

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Can new iPhones juice Apple’s spectacular run?

Earlier this month, shares of Apple — the most valuable company in the world — hit an all-time high. The stock has slipped back a bit in recent sessions. Now, in the face of intense legal pressure and embarrassing security breaches, can it resume its ascent? Read More |…

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Gold Price Today, 14 September 2021: Yellow metal below Rs 46500 may turn bearish; check support, resistance

Gold Rate Today, Gold Price in India on 14 September 2021: Gold prices were trading weak in India on Tuesday, mirroring international trends on a stronger dollar Read More | Source: The Financial Express…

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Sensex rises over 180 points in early trade on easing inflation, firm cues

Mumbai, September 14 Equity benchmark Sensex surged over 180 points in early trade on Tuesday, as easing retail inflation triggered buying sentiment in the market. Besides, a firm trend on other Asian bourses also supported the uptick in domestic equities, brokers said. The 30-share Sensex was trading 186.98 points or…

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Markets eke out slim gains; Nifty closes at new high

Mumbai, September 14 Equity indices resumed their climb on Tuesday after a day’s pause following gains in IT, bank and engineering stocks amid a muted trend overseas. The 30-share BSE Sensex ended 69.33 points or 0.12 per cent higher at 58,247.09. The broader NSE Nifty advanced 24.70 points or 0.14…

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Edible oil import duty relief not fully passed on to consumers

Along with the agri cress and social welfare cess, the effective duty on crude palm oil was cut by 5.5% to 30.5% effective from June 30 and was in force until September 10 when it was further reduced. Read More | Source: The Financial Express…

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Congress’s DK Shivakumar Rides Bullock Cart To Protest Against Inflation

Leader of Opposition in the Karnataka Assembly Siddaramaiah, state PCC president DK Shivakumar and some Congress leaders on Monday arrived at Vidhana Soudha in a bullock cart, to attend the monsoon… Read More | Source: NDTV News…

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Retail inflation dips to 5.3 per cent in August

New Delhi, September 13 Retail inflation fell marginally to 5.3 per cent in August mainly due to easing food prices, official data showed on Monday. The retail inflation based on the Consumer Price Index (CPI) was 5.59 per cent in July and 6.69 per cent in August 2020. According to…

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High earnings growth needed for market rally to sustain: Ajay Tyagi

At valuations higher than long-term averages, the markets need a constant dose of positive surprises, says UTI AMC’s Head-Equity Read More | Source: The Hindu Business Line…

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RIL tumbles after delay in launching smartphone, takes down Sensex, Nifty

Mumbai, September 13 The Sensex and Nifty closed with modest losses on Monday, pressured by market heavyweight Reliance Industries which slipped after delaying the launch of its low-cost smartphone. A depreciating rupee further sapped risk appetite, traders said. The 30-share BSE Sensex ended 127.31 points or 0.22 per cent lower…

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