Business

EU diplomats don't expect the next negotiating round due on May 2-4 to bring much of a breakthrough, with one saying both sides were holding their positions to see who blinks first.

The rapid surge in global crude oil prices has already had an adverse impact on India's import bill and can further hit the country's fiscal arithmetic, a forex dealer commented.

Qualcomm had in January said it would implement a series of targeted reductions across businesses to save $1 billion in annual costs, as part of its attempt to win over investors support against a hostile bid from rival Broadcom Inc.

The 30-share index fell by 293.31 points, or 0.85 per cent, to 33,899.34 in opening trade.

Messages and graphics with 'Save Air India' slogan are being posted on Twitter, YouTube, Instagram and Facebook.

This includes term loan facility availed from NTPC in 2012 at a 6 percent per annum rate of interest to be repaid in 120 equated monthly instalments ending in March 2022.

The NSE Nifty too climbed 39.20 points, or 0.37 per cent, to 10,497.85.

The benchmark BSE Sensex regained 34k level rose by 62.38 points, or 0.18 per cent, to 34,002.82 in the opening trade.

India has the highest retail prices of petrol and diesel among South Asian nations as taxes account for half of the pump rates.

The acquisition is a part of the Rs 295 crore investment approved by the Board in February last year, towards this specialty business, the company said.

Maharashtra is the biggest two-wheeler loan market, accounting for Rs 579 crore of the book, and the share of the state grew by 0.55 per cent during the year.

Former Deputy Governor of the Reserve Bank, H R Khan, was questioned by the agency about the UPA government's 20:80 gold import scheme, which was cleared by then Finance Minister Chidambaram on May 13, 2014.

"Indian leaders struggle to adapt to change, being more comfortable in certain conditions. This limits their capacity to be flexible in the ambiguous digital environment," the report said.

All the sectoral indices, led by metal, realty and auto stocks, were trading in the green with gains of up to 2.26 per cent.

Among states, Gujarat tops the list of e-way bill generation with 3.6 lakh bills generated during April 1-3, followed by Karnataka at 2.65 lakh bills.

The deal would also represent a direct challenge to Amazon in Asia's third-largest economy. Amazon has committed to investing $5 billion in India as it expands into online grocery delivery.