TOMATO PRICES IN DELHI
Chinese decimation of Indian phonemakers is complete. Automakers next?
Top Chinese firms such as SAIC (owner of MG Motors), BYD (maker of electric buses and batteries), Great Wall (which is the biggest SUV maker in China) and FAW Haima, among others, have reserved nearly 20 per cent space in the annual jamboree of carmakers and industry leaders, at a time when the Indian automobile industry is going through a severe slowdown.
Cotton prices to remain weak due to poor demand from China
This year the government expects cotton production to be 32.26 million bales.
Fuel prices set to fall as virus scare may hit demand
Markets fear the outbreak would hurt travel, oil demand and economic growth in China, t...
Qualcomm expects mobile prices to dip further
Vagadia said that despite the stress on the Indian telecom sector, the handset market has grown last year in India and is slated to grow just below 10% in calendar 2020 too. “Economies of scale are helping brands that are driving volumes, which is helping the market,” he said.
ICICI Bank's Q3 profit hits record high, BB and below rated pool jumps: Key takeaways
The private lender had hit Rs 3,000 crore profit mark only thrice in history.
ICICI Bank Q3 results: Profit soars 158%, provisions drop by half
The bank made Rs 2 083.20 crore in provisions and contingencies, down 51 % YoY.
Petrol, diesel rates dip in Delhi on third consecutive day
Petrol and diesel prices continued to fall for the third consecutive day on Saturday. Petrol has become cheaper by 44 paise per liter in the national capital in these three days, while consumers have got a relief of 45 paise per liter in the price of diesel.
Stocks in the news: Axis Bank, L&T, YES Bank, Adani Gas, RBL Bank, Cipla, ITI and Asian Paints
Cipla said it has received observations from the USFDA for its Goa manufacturing facility.
Palm oil prices remain firm, particularly in east India
On January 2, India had moved refined palm oil imports from free to restricted category to protect domestic refiners. The commerce ministry said the move would help India encourage import of more crude oils and facilitate better utilisation of the refining capacity of the domestic industry. India has been importing 150,000-200,000 tonnes of refined oil annually.
CAIT seeks probe into business models of 16 online platforms, e-commerce firms
In a letter to Commerce minister Piyush Goyal dated January 24, the Confederation of All India Traders (CAIT) alleged that the common phenomenon in these companies of incurring huge yearly losses and earning revenues is not a healthy business practice.
Now, grow chemical-free vegetables in soil-less indoor garden
Agro2o is offering a line of intelligent soil-free smart garden by using futuristic technologies such as automation and IoT. This makes it possible for everyone to grow fresh and chemical free plants in the comfort of their homes.
Gold rises Rs 63 on weak rupee, global cues
The yellow metal had closed at Rs 40,660 per 10 gram on Wednesday.
Of bats and balls: How Khelo India is reviving sports goods business
Manufacturing of sports goods has seen a 25% increase this year in Jalandhar — the sports city of India compared with 10% growth last year. Manufacturers and importers have attributed this growth to improved health consciousness among Indians, higher number of gymnasiums and an increase in sporting activities in schools.
Stock market update: Bank stocks surge; YES Bank jumps 5%
YES Bank, Bank of Baroda and Federal Bank were among the top gainers.
Stocks in the news: Asian Paints, ZEEL, Axis Bank, L&T, Airtel and Piramal Enterprises
RBL Bank, SBI Life Insurance and AU Small Finance Bank will report their quarterly earnings today.
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