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Tata Power calls report of talks with Tesla for setting EV charging stations 'factually incorrect'

Tata Power calls report of talks with Tesla for setting EV charging stations 'factually incorrect'
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Indian shares close nearly 1% lower as financials slump; ICICI Bank weighs


2 Min Read
BENGALURU (Reuters) - Indian shares gave up early gains to end sharply lower on Friday, as high-flying financial stocks sold off on the back of a broader rise in bond yields in the U.S. and Europe.
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, February 26, 2016. REUTERS/Shailesh Andrade/Files
The blue-chip NSE Nifty 50 index fell 0.95% to close at 15,030.95, while the benchmark S&P BSE Sensex shed 0.95% to end at 50,792.08. Despite today’s losses, both indexes notched their second consecutive weekly gain.
The Nifty and Sensex gained as much as 1.06% each earlier in the day but fell into the red, in line with global markets whose earlier rally on the signing of a U.S. stimulus bill was halted by rising bond yields and inflation concerns. [MKTS/GLOB] ....

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India's retail inflation increases in February on growing prices


India’s retail inflation increases in February on growing prices
12 Mar 2021
A roadside vendor sells eatables during the Shivarathri festival on the outskirts of Bangalore on Thursday. Agence-France-Presse
With growing food and fuel prices, India’s retail inflation increased in February as the Consumer Price Index rose to 5.03 per cent against 4.06 per cent in January.
The consumer food price index was at 3.87 per cent in February, in a steep rise from 1.96 per cent a month ago, showed data from the Ministry of Statistics & Programme Implementation.
The latest data gains significance as the February CPI is the last CPI inflation print before the RBI’s monetary policy review. ....

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