Business
The rupee weakened by 9 paise to 66.19 against the dollar in early trade, snapping its two-day winning run, on fresh demand for the US unit from importers. Besides, the dollar’s gain against euro in global market after the Paris attack added to the caution on the common currency and a lower opening in the […]
British Premier David Cameron today said Prime Minister Narendra Modi’s “extraordinary” visit to the UK this week will help build a modern partnership between the two great countries to combat challenges like terrorism, climate change and poverty. The British Prime Minister also said that a special tricolour flypast by the Red Arrows Royal Air Force […]
The rupee rose by 5 paise at 66.39 against the US dollar in early trade today on fresh selling of the American currency by exporters. Besides, weakness in the dollar against other currencies supported the rupee, forex dealers said. However, a lower opening in the domestic equity market, capped the gains, they added. The rupee […]
The benchmark BSE Sensex pared initial losses but was still lower by 313 points to trade below the crucial 26,000-level because of a sell-off triggered by the setback suffered by the BJP-led NDA in Bihar assembly. All the sectors, realty, power, teck, healthcare, consumer durables, IT, capital goods and metals were in the red. The […]
Extending its fall for the second session, the benchmark BSE Sensex fell by another 101 points to trade at 26,451 in early trade on Thursday on widespread losses on sustained selling by cautious investors ahead of the east-Indian state Bihar’s elections result. The 30-share barometer, which had lost 37.67 points on Wednesday, fell further by […]
Expecting inflation to remain under control, Finance Minister Arun Jaitley today said he is hopeful that the downward move in interest rates will stay. Speaking at a housing market event here, he said the Reserve Bank has lowered the rates on four occasions this year, which was a positive step for the real estate sector […]
New Delhi, Oct 30 (PTI) Unveiling the much-awaited draft civil aviation policy, the government on Friday proposed tax incentives for airlines, maintenance and repair works of aircrafts besides mooting 2 per cent levy on all air tickets to fund regional connectivity scheme. In a significant move, the Civil Aviation Ministry has pitched for over 50 […]
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 […]
