CPI-based retail inflation touches a 10-month high of 3.21 per cent in August. Union Minister Piyush Goyal has a foot-in-mouth moment as he mixes up Newton with Einstein. And, why petrol prices aren't getting cheaper despite fall in global crude oil rates. Read on for more headlines from the world of business and economy today:
Overall inflation in the food basket, measured on the basis of consumer food price index (CFPI), rose to 2.99 per cent in August 2019, in comparison to 2.36 per cent during the previous month.
Piyush Goyal says maths didn't help Einstein discover gravity. He was speaking at a Board of Trade meeting on Thursday.
Drop in international oil prices should reflect in cheaper petrol and diesel back home - but that's not happening.
Back in 2002-03, Jhunjhunwala had bought 6 crore Titan shares at Rs 3 per share. Each share is now valued well over Rs 1,000. The stock hit an intra day high of Rs 1,114.90 in trade today.
Larsen and Toubro, Mazagon Dock Shipbuilders Ltd, Reliance Naval and Engineering Ltd and Hindustan Shipyard have already submitted initial bids for the Indian Navy project for building six conventional submarines. This is the largest ongoing Make in India initiative in the defence sector.