Briefly Business: Sensex falls 74 pts; erases gains on inflation worryhttps://indianexpress.com/article/news-archive/web/briefly-business-sensex-falls-74-pts-erases-gains-on-inflation-worry/

Briefly Business: Sensex falls 74 pts; erases gains on inflation worry

The BSE Sensex failed to maintain initial gains and fell 74.08 points to 17,118.74 on profit-booking amid concerns over high inflation

Sensex falls 74 pts; erases gains on inflation worry

Mumbai: The BSE Sensex failed to maintain initial gains on Monday and fell 74.08 points to 17,118.74 on profit-booking amid concerns over high inflation. The NSE 50-share Nifty fell by 20.50 points or 0.40 per cent to end at 5,148.35.

Maruti raises diesel car prices by up to R10,000

New Delhi: Country’s largest car maker Maruti Suzuki India has hiked prices of its diesel cars by up to Rs 10,000 with effect from today on account of higher input costs and appreciation of Japanese yen. The company has sent mails to its dealers across the country informing about a price hike on diesel versions of its compact cars Ritz and Swift and sedans DZiRE and SX4 between Rs 2,000 and Rs 10,000,sources said.

Cairn makes second gas discovery in Sri Lanka

New Delhi: Cairn India on Monday said it has made a second natural gas discovery in the offshore Mannar Basin of Sri Lanka. “Cairn Lanka … has notified the appropriate authorities in the government of Sri Lanka of a gas discovery in the CLPL-Barracuda-1G/1 well,located in Block SL 2007-01-001,Mannar Basin,” the company said.

‘Emerging markets get $2.1 bn inflow in a week’

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New Delhi: Emerging markets attracted fresh capital worth $2.1 billion during the week ended November 9,given their superior growth prospects in the wake of debt crises in Europe,global fund-tracking agency EPFR has said.

AI celebrates Children’s Day by offering joyride

New Delhi: State-run carrier Air India on Monday observed Children’s Day by taking a group of differently abled children for a joy ride to Lucknow in one of its new Airbus A321 aircraft.