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Dec retail inflation sky-rockets to 7.35% as food prices surge (Lead)

New Delhi, Jan 13 (IANS) A massive rise in food prices lifted India's December retail inflation to 7.35 per cent from 5.54 per cent in November, official data showed on Monday. Similarly, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) for December was higher than the corresponding period of last year when retail inflation stood at 2.11 per cent. According to the data furnished by the National Statistical Office (NSO), the Consumer Food Price Index (CFPI) inflated to 14.12 per cent during the month under…

Deadline extended for IndiGo to replace P&W engines

New Delhi, Jan 13 (IANS) The Directorate General of Civil Aviation (DGCA) on Monday announced the extension of the deadline for IndiGo to replace about 135 unmodified Pratt and Whitney engines till May 31, 2020.Previously, the airline had to get the engines by January 31. In a statement, the aviation regulator said that post its order of November 1, 2019, the airline along with the aircraft and engine manufacturers have made significant efforts towards completion of the task. "They have jointly and severally submitted…

Fuel prices cut for second straight day on Monday

New Delhi, Jan 13 (IANS) Good news for consumers as fuel prices fell again on Monday, the second consecutive day after easing of tensions between the US and Iran. Price of petrol fell by 10 paise and that of diesel by 5 paise a litre across all major cities on Monday.In Delhi, petrol now costs Rs 75.80 a litre, Rs 81.39 a litre in Mumbai, Rs 78.38 a litre in Kolkata and Rs 78.76 a litre in Chennai after the decrease in price. Similarly, diesel costs Rs 69.06 a litre in Delhi, Rs 72.42 a litre in Mumbai, Rs 71.43 per litre…

Sensex, Nifty rise to fresh record high

Mumbai, Jan 13 (IANS) The key Indian equity indices opened on a positive note on Monday with the NIfty50 on the National Stock Exchange and the BSE touching new record levels.The NIfty50 touched a fresh high of 12,333.45, while the Sensex reached a record level of 41,893.41 points. At 9.27 a.m, the Nifty traded at 12,333.45, higher by 76.65 points or 0.63 per cent from the previous close of 12,256.80 points. The BSE Sensex was trading at 41,848.76, higher by 249.04, points, or 0.60 per cent from the previous close of…

Nilekani defends Infosys concealing whistleblowers’ complaints

Bengaluru, Jan 13 (IANS) The global software major was absolutely right in concealing the whistleblowers' complaints from the regulators and the media, Infosys chairman Nandan Nilekani has said."It is not the job of companies to take a whistleblower's complaint coming every morning and issue a media release on it. "That is going to create a new set of issues. So, we did absolutely the right thing," Nilekani told IANS, which red-flagged the complaints in October and the co-founder acknowledged it later.…
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