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Reflecting sluggishness in the economy, the industrial production growth has slipped to 1.7 per cent in December month-on-month, while inflation rose to 5.11 per cent in January, raising demands for proactive steps in the forthcoming Budget to boost economic expansion. (Graph: PTI)
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Introspection by BJP & Congress (A cartoon by Rohnit Phore)
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The rupee extended its fall for the fourth consecutive day by losing another 6 paise to hit a fresh one-month low of 62.31 on persistent demand for the American currency from banks and importers in view of sustained foreign capital outflows. (Graph: PTI)
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Financial services major, Reliance Capital today reported 28 per cent rise in its third quarter net profit at Rs 213 crore on robust growth in insurance and mutual fund businesses. (Graph: PTI)
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Rising for the third straight session, the benchmark Sensex today gained 271 points to end at 28,805.10 and the Nifty index reclaimed 8,700-mark by jumping 84 points on a flurry of late buying in anticipation of positive retail inflation and IIP data. (Graph: PTI)
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A good showing by Europe also influenced trading, brokers said, adding that global investors lapped up a dose of monetary stimulus from Sweden's central bank and reports that Russia and Ukraine have agreed a ceasefire will take place. (Graph: PTI)
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In domestic stocks, all the sectoral indices, barring FMCG sector, closed in the positive terrain with capital goods, power and IT sectors leading the rally. (Graph: PTI)
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Gold jewellery demand in India, the world's largest consumer, touched record 662.1 tonnes in 2014 despite curbs on gold imports but investment demand slumped by 50 per cent from last year, the World Gold Council (WGC) said today. (Graph: PTI)
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Extending its slide for a third day, gold prices fell to hit a one-month low at the local bullion market here due to reduced demand from stockists and retail investors amid confusing overseas cues. (Graph: PTI)
