Business
The rupee trimmed its initial losses, but was still down 10 paise at 64.90 per dollar in late-morning deals in the midst of sustained demand for the US currency from importers amid lower dollar overseas. The Indian rupee opened sharply lower at 64.95 as against yesterday’s level of 64.80 at the Interbank Foreign Exchange (forex) […]
Reserve Bank Governor Raghuram Rajan today said the country cannot have a GDP growth of 9 per cent until it makes “tremendous investments” and improves supply situation that boosts demand, but warned against populist policies. To a query on whether the country can have much higher levels of growth without inflation, Rajan said, “The answer […]
From tonight Diesel price would be Rs 45.90 per litre with against current rate of Rs 44.95 up by 95 paise, was stated by Indian Oil Corporation. Its the second hike in diesel prices in October. Rates were increased by 50 paise on October 1. At the last revision on September 1, petrol price were […]
Ending three-day losing streak, the benchmark BSE Sensex today rebounded by 230.48 points to recapture the 27,000-level on the back of value buying in blue-chips led by auto, PSU and metal amid firm global trend. Market mood turned positive in line with a strong rally in Asian and European shares after a weak US data […]
With Israeli leaders marvelling at India’s unique model of multi-culturalism, President Pranab Mukherjee today emphasised that diversity is an integrating factor and India’s strength lies in its capacity to blend contradiction into positive affirmations. Describing “diversity as an integrating factor” and “unity in diversity” as a core value, Mukherjee told the audience in the Hebrew […]
The rupee recovered by 9 paise to 65.09 against the dollar in early trade on fresh selling of the US currency by exporters and banks. Besides, the dollar’s weakness against major world currencies after poor data in China and Europe bolstered prospects the Federal Reserve will delay hiking its key interest rate strengthened the rupee […]
Gujarat government has proposed a Rs.15,375 crores comprehensive action plan to ensure basic infrastructure in 31 cities under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) in the next 5 years. Out of total allocations, 42% will be spent on providing water supply connections to all urban households in 31 AMRUT cities, 30% on providing […]
India and the Maldives today decided to ramp up cooperation in various fields including defence, security, energy and health as the two nations restarted the Joint Commission talks after a hiatus of 15 years. External Affairs Minister Sushma Swaraj, who is here on a two-day visit, assured the Maldives that India will always be the […]
Israeli President Reuven Rivlin has said that his Indian counterpart Pranab Mukherjee’s maiden visit, the first by an Indian head of state, here next week is an “important milestone” in bilateral ties and will deepen their friendship. In the highest-level visit by an Indian leader since the establishment of diplomatic ties in 1992, Israel is […]
Outlining the roadmap of the BJP-led government for the coming months, Finance Minister Arun Jaitley has said that the Goods and Services Tax (GST) will be a “top priority” and he hopes to take the Bankruptcy Code to Parliament in the Winter session. “Our roadmap for the coming months (is that) GST will be a […]
