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Retail inflation eased in February as food prices rose at a slower pace, while Wholesale Price Index stayed in negative territory for the 16th month. Retail inflation, as measured by the Consumer Price Index (CPI), rose by 5.18 per cent in February, lower than 5.69 per cent in January.

"Shocked to see media statements that I gave an interview to Sunday Guardian without verification. I have not given any statement to anyone," Vijay Mallya tweeted tonight on his official Twitter page.

As part of the open market operations, RBI will purchase government securities maturing in 2020 (bearing interest rate of 8.27 per cent), 2022 (8.35 per cent), 2024 (8.40 per cent), 2026 (8.33 per cent) and 2028 (8.60 per cent), 2032 (8.32 per cent).

Travel-related companies are rising in midday trading Monday after a consortium led by China's Anbang Insurance Group offered to buy Starwood Hotels. Starwood shares are up 7%.

Coal India's measures to prevent theft by electronically "fencing" mining areas and fitting trucks with a GPS-based tracking system will be finished by the end of April, coal secretary Anil Swarup said. As much as a 5th of the company's annual output is stolen, costing it up to $1 billion ...

As per the study conducted by JM Financial, RuPay-enabled debit cards stood at 247 million, representing 38 per cent of total cards issued in India, as on January 2016. RuPay's market share stood at 17 million in 2013-14.

Toshiba Corp. is close to agreeing the sale of its white goods business to Chinese home appliance manufacturer Midea Group, sources said Tuesday. Toshiba is likely to sell a majority stake in its Toshiba Lifestyle Products & Services subsidiary for tens of billions of yen, according to the sources. Midea ...

Hackers using tactics and tools previously associated with Chinese government-supported computer network intrusions have joined the booming cybercrime industry of ransomware, four security firms that investigated attacks on U.S. companies said. Ransomware, which involves encrypting a target’s computer files and then demanding payment to unlock them, has generally been considered ...

Volkswagen deleted documents and obstructed justice after the U.S. Environmental Protection Agency accused the company of cheating on emissions tests, a former employee alleged in a lawsuit. Daniel Donovan says in a whistle-blower case that he was wrongfully fired last Dec. 6 after refusing to participate in the deletions and ...

Employers stepped up hiring in 30 states in January, led by big gains in Florida, Texas and North Carolina, while 20 states shed jobs. The unemployment rate fell in 28 states, rose in eight and was unchanged in 14. The unemployment rate doesn’t always decline even when more hiring occurs, ...