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Rupee falls 34 paise against US dollar

Mumbai: The rupee depreciated 34 paise to 72.79 against the US dollar in early trade at the interbank forex market Monday on foreign fund outflows.The...

Petrol price total reduction reaches Rs. 4.05 in 18 days

New Delhi: Petrol price has been cut by over Rs 4 per litre and diesel by Rs 2.33 in the last 18 days on softer international rates, a pace faster tha...

RBI kick-starts process to set up PCR for capturing details of borrowers

New Delhi: The Reserve Bank has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture details of all borrowers, inclu...

Sensex rallies over 400 points on strong global cues

Mumbai: The BSE benchmark Sensex Friday soared over 413 points to 34,845.15 and the NSE Nifty raced past 10,500 on widespread gains amid fresh f...

Rupee rises 31 paise against US dollar on falling crude prices

Mumbai: The rupee appreciated 31 paise to 73.14 against the dollar at the interbank foreign exchange Friday after crude prices fell to seven-month low...

GST collection crosses Rs.1 lakh crore for second time since launch

Collections from Goods and Services Tax crossed one lakh crore rupees mark for the second time since its launch in July last year. The governmen...

More than 1 crore members added to EPFO in last two years: Santosh Kumar Gangwar

Labour Minister Santosh Kumar Gangwar yesterday said that more than 1 crore members have been added to Employees' Provident Fund Organisation in the l...

India extends deadline for imposition of higher customs duties on 29 US products

India has extended the deadline for the imposition of higher customs duties on 29 US products, including almond, walnut and pulses, by another 45 days...

Sebi to introduce alternative payment mechanism for retail IPO investors from Jan

New Delhi: Sebi Thursday said it will launch Unified Payments Interface as an alternative payment option for retail investors, buying shares in a publ...

Govt interference should not compromise RBI's independence: IMF

The International Monetary Fund (IMF) has said it was monitoring the development in India with regard to the reported rift between the Reserve Bank of...

Sensex, Nifty turn choppy

Mumbai: The BSE Sensex rose over 100 points Thursday, but turned choppy after investors began booking profits at higher levels.The benchmark indices o...

Price of subsidised cooking gas LPG hiked by 2.94 rupees per cylinder

The price of subsidised cooking gas LPG has been hiked by 2.94 rupees per cylinder. Indian Oil Corp said in a statement that there is a marginal incre...

Growth of 8 infrastructure sectors slows down to 4.3% in September

Growth of eight infrastructure sectors slowed down to 4.3 per cent in September this year, the lowest in the last four months, as production of crude ...

Rupee rises 11 paise against US dollar

Mumbai: The rupee rebounded 11 paise to 73.84 against the dollar in early trade Thursday on increased selling of the American currency by exporters.At...

Rupee falls 38 paise against the US dollar in early trade

Mumbai: The rupee dropped by 40 paise to 74.08 against the US dollar in early trade Wednesday, amid increased demand of the American currencies from i...

Facebook revenue hits $13.5 billion in Q3

San Francisco: Facebook reported $13.5 billion in revenue with a net income of $5.1 billion ($1.76 per share) in the third quarter that ended Septembe...

Sensex drops over 200 points in early trade

Mumbai: The BSE benchmark Sensex dropped over 200 points Wednesday amid rising tension between the Reserve Bank of India and the government.Investor s...

Finance Minister Arun Jaitley criticises RBI for indiscriminate lending by banks

New Delhi: Finance Minister Arun Jaitley on Tuesday criticised the Reserve Bank of India for failing to check indiscriminate lending during 2008 and 2...

Sensex, Nifty turn choppy on weak global cues

Mumbai: Benchmark indices opened on a volatile note Tuesday following weak global market cues amid escalating trade tensions between the US and China,...

Rupee falls 16 paise against US dollar

Mumbai: The rupee weakened by 16 paise to 73.61 against the US dollar in early trade Tuesday, amid increased demand of the American currencies from im...

India, Japan sign USD 75 billion currency swap agreement

New Delhi: India and Japan Monday concluded a USD 75 billion bilateral currency swap agreement, a move that will help in bringing greater stability in...

Indians spent over Rs 50,000 crore on Chinese phones in FY18

KOLKATA: Consumers in India spent more than Rs 50,000 crore in FY18 on purchasing smartphones made by just the top four Chinese brands, nearly twice w...

Rupee gains 14 paise against US dollar in early trade

Mumbai: The rupee recovered by 14 paise to 73.33 against the US currency in early trade on Monday, on fresh dollar selling by exporters and higher ope...

SMEs raise INR 1281 crore through initial share-sales in April-September period

Small and medium enterprises (SMEs) raised 1,281 crore rupees through initial share-sales in April-September period of the current fiscal, registering...

FPIs pull out INR 35,600 crore from Indian capitals market in October so far

Foreign investors pulled out 35,600 crore rupees from the Indian capital markets this month. The outflow is higher than 21,000 crore rupees withdrawn ...

Sixth phase of electoral bonds sale to kick off from Nov 1

The sixth phase of the sale of electoral bonds will begin from Thursday which will continue till November 10. Electoral bonds are being pitched a...

Sensex snaps 2-day losing streak; recovers over 150 points

Mumbai: The BSE sensex recovered over 173.33 points in opening trade Monday on sustained buying in recently battered stocks amid strength in the rupee...

India, US talks ongoing to resolve trade issues: Suresh Prabhu

New Delhi: Commerce and Industry Minister Suresh Prabhu has said India and the US have exchanged offers for a possible trade deal with a view to resol...

ED moves court against Sterling Biotech group promoters

The Enforcement Directorate yesterday moved a special court in New Delhi to get the owners of Gujarat-based Sterling Biotech group, declared fugitive ...