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Business

India’s retail inflation rises to 5.55% in November

New Delhi, Dec 12 (IANS) India's retail inflation increased to 5.55 per cent in November after having slowed to a four-month low of 4.87 per cent in October, with higher food prices pushing up the cost of living and stretching household budgets. The increase in the inflation level above the RBI’s 4 per cent target means that the central bank is…
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Business

Volkswagen to hike car prices from Jan

Mumbai, Dec 12 (IANS) Volkswagen Passenger Cars India on Tuesday announced plans to hike car prices by up to 2 per cent across its model range owing to rising input and material costs.A Volkswagen spokesperson said: “While the Brand…
Business

Global display market forecast to grow 5.4% in 2024

Seoul, Dec 12 (IANS) The world display market is expected to expand more than 5 per cent in 2024 thanks to the growing use of premium organic light-emitting diode panels (OLED) and a recovery in demand for some products, a report said on…
Business

SpiceJet board okays Rs 2,250 crore capital infusion

New Delhi, Dec 12 (IANS) The Board of Directors of SpiceJet approved the raising of fresh capital of over Rs 2,250 crore through the issuance of equity shares to Financial Institutions, FIIs, HNIs and private investors aimed at fortifying…