Search Results for: retail stores

steep-hike-in-diesel-price-pinches-common-man-across-india

Steep hike in diesel price pinches common man across India

New Delhi/ Mumbai, Feb 01 (ANI): The sudden hike in the diesel price by Indian Oil Corporation came as a serious blow to the pockets of the common man who is already reeling under the spiraling inflation in the country. Indian Oil Corporation Limited (IOC), the country's biggest refiner, said that it would raise retail prices for diesel by one per cent, or 0.57 rupees, from Saturday in line with a plan to gradually align them with international prices. Considering the hike as burden, the residents of Mumbai expressed their ire over ruling Congress government's decision. Feb 1, 2014
indian-banks-to-wait-before-hiking-loan-rates-post-rbis-tightening

Indian banks to wait before hiking loan rates post RBIs tightening

Mumbai, Jan 29 (ANI): Top Indian bankers said that they would wait to observe inflation and market trends further, before increasing the interest rates of loans to citizens for balancing funds due to the sudden hike in repo rate by the RBI. Reserve Bank of India (RBI), surprisingly raised interest rates for lending money to commercial banks on Tuesday to dampen inflation, saying it was now better prepared to deal with the risk of major capital outflows roiling emerging economies. The RBI, however, said that if retail inflation eases as projected, it does not foresee further near-term monetary policy tightening. The hike in repo rate could have a direct impact on the lending rates of funds borrowed by the citizens from the commercial banks. Meanwhile, chief of Indian Banks’ Association, K.R. Kamath, said that banks would have to take a final call on the interest rates only after considering the burden on customers due to inflation. Jan 29, 2014
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BSE closes points 23.94 down on Jan 28

New Delhi, Jan 28 (ANI): Trading at the Bombay Stock Exchange today closed 23.94 points down to stand at 20683.51. At the National Stock Exchange the Nifty closed 9.60 points down to stand at6126.25. HDIL and Apollo Tyres were among the top gainers of Group A with an increase of 6.09% and 6.07% along with Future Retail and IPCA Lab with an increase of 4.26% and 3.89% respectively, while the top losers of Group A include Maruti Suzuki and IRB Infra with a decrease of 8.12% and 5.19% along with Suzlon Energy and Pipavav Defence with a decrease of 4.59% and 4.43% at the close of the markets. The Auto sector is up 18.64 points at 11,574.00 while the banking sector is down 36.58 points at 12,020.48 and the realty sector is up 13.17 points at 1,231.23. The Indian currency is up 0.67% at Rs 62.68 per dollar. Jan 28, 2014

Google Nexus 5 Red and Yellow Variants Tipped to Debut in Late February: Report

When Apple unveiled the multi-colored models of iPhone 5C in late 2013, Nokia trolled the American company for imitating their bright-hued Lumia series handsets. And now it seems like Google is pursuing the same path as reports emerge that the search engine giant may soon introduce new colored variants of its flagship Nexus 5. Jan 26, 2014
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