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BusinessToday.In
New Delhi, September 21, 2018
According to Gorman, the rupee's depreciation is not a reflection of poor economic management, rather an \"unfortunate consequence\" of external factors.


BusinessToday.In
September 17, 2018
On Saturday, the government announced steps to check non-essential imports and promote exports in order to arrest the decline in rupee, check the widening current account deficit and relaxing norms for raising overseas borrowing.


BusinessToday.in
New Delhi, September 5, 2018
Cars and other durables to get costlier this festive seasonWith the rupee's continuous fall against the dollar automobile and consumer goods companies are facing a tough time. This festive season will see these goods become more expensive. LG, Haier, and Godrej Appliances have hiked prices by 3-5 per cent this month. Panasonic India is expected to increase product prices by 2-3 per cent soon as reported by the Business Standard. Maruti Suzuki, the country's largest carmaker, has i...


BusinessToday.in
New Delhi, August 15, 2018
Modi says India is now the land of reform, perform and transformPrime minister Narendra Modi delivered his fifth Independence Day Speech as PM. Running parallel to the  Ayushman Bharat-National Health Protection Scheme would be the Jan Aarogya Abhiyan which would kick off on September 25, he announced. The healthcare schemes will ensure access to good quality healthcare for the poor and marginalised. Modi also said India used to be a 'sleeping elephant', but has started walki...


BusinessToday.In
August 14, 2018
Given the record low of 70.08 per dollar that the rupee slipped to today, it's hard to imagine a time when it could hold its own against the US dollar.


BusinessToday.In
New Delhi, August 13, 2018
The first Gulf War (1990), which sent crude oil prices surging again, the downgrade by global credit rating agencies and the disintegration of the Soviet Union all brought on a massive balance of payment crisis in India.


Rajeev Dubey
August 11, 2018
'No' says Jet Airways emphatically. But with mounting losses, negative net worth of Rs 7,100 crore and liabilities well in excess of assets, it may be very, very close.


BusinessToday.in
New Delhi, August 10, 2018
Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...


BusinessToday.In
New Delhi, August 9, 2018
In addition to Rs 11,000 crore bailout package, the govt may give the board of directors additional powers to take decisions on operational issues.


BusinessToday.In
August 8, 2018
A committee headed by financial services secretary Rajiv Kumar has recommended stopping wilful defaulters with loans exceeding Rs 50 crore from travelling overseas without prior approval.


BusinessToday.In
New Delhi, August 6, 2018
Under the new bill, Pakistan is not required to take any action against Haqqani Network or the Lashkar-e-Taiba (LeT), and will also not get any reimbursement for its counter-terrorist activities in the country.


BusinessToday.In
New Delhi, August 2, 2018
From human development indicators like health and education to economic parameters like tax-to-GDP ratio, currency performance, and current account deficit, Pakistan's track record is dismal on all fronts.


PTI
New Delhi, July 8, 2018
Continued strengthening of the US dollar, lack of foreign investment inflows and concerns over rising oil prices are likely to keep the rupee under pressure and push it down to the 70 mark this week, said bankers.


PTI
July 2, 2018
Vedanta Resources in a statement said it would recommend acceptance of the offer by the shareholders, who would also be entitled to a previously announced dividend of $0.41 per share. The company no longer sees the London listing as necessary to access capital and the deal will simplify Vedanta's corporate structure, it said.


BusinessToday.In
July 2, 2018
The JV, which has been under discussions since September last year, combines the European steel businesses of the Indian steel major with the German firm to create Thyssenkrupp Tata Steel BV.


Reuters
June 30, 2018
Growth in China's manufacturing sector slowed in June after a better-than-expected performance in May, official data showed, as escalating trade tensions with the United States fuel concerns about a slowdown in the world's second-biggest economy.


BusinessToday.In
New Delhi, June 27, 2018
The total impairment loss for the year was pegged at around Rs 327 crore, including Rs 125 crore on account of FHL's investments in Escorts Heart Institute and Research Center.


BusinessToday.In
June 27, 2018
Vijay Mallya claimed that the value of his assets currently is much more than what it was in 2016.


BusinessToday.In
June 26, 2018
After the inaugural statement, the Prime Minister met several business leaders for a discussion on issues such as economic growth, infrastructure development, policy initiatives, investment, innovation and job creation. AIIB is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond.


PTI
June 23, 2018
Global credit rating agency, Moody's Investors International, has downgraded Pakistan's outlook to negative from stable citing factors like \"heightened external vulnerability risk\" and \"low reserves adequacy\".


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