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Aseem Thapliyal
October 3, 2018
With volatility in the market taking a toll on indices and individual stocks this year, the Indian rupee came under severe pressure and hit its all-time low of 73.41 against the US dollar today.


BusinessToday.In
New Delhi, October 3, 2018
The Indian currency fell 47 paise against the dollar to 73.38 level intra day. The currency which closed at 72.91 on Monday opened on a weak note at 73.26 and fell further to 73.34  against the US dollar.


PTI
September 29, 2018
The government of Pakistan has listed fiscal squeeze and low outputs in agriculture and manufacturing sectors among the reasons for slowing down of the economy.


PTI
September 29, 2018



BusinessToday.In
September 28, 2018
The southwest monsoon accounts for 70 per cent of India's annual rainfall and is crucial for the agricultural sector of the economy. The primary sector has been valued at Rs 18 lakh crore or 11 per cent of India's GDP in 2016.


BusinessToday.In
New Delhi, September 27, 2018
Earlier this year, India edged past France and snatched the tag of the world's sixth-largest economy.


BusinessToday.In
September 24, 2018
Brent crude, the international oil benchmark, jumped 2.6 per cent on Monday, its highest since 2014, after Saudi Arabia-led OPEC and Russia stopped short of pledging to boost crude output ahead of US sanctions on Iran.


Joe C Mathew
New Delhi, September 21, 2018
The cess will be structured in such a way that only a pre-determined amount will be collected within a specific time limit.


BusinessToday.In
September 19, 2018
On Tuesday, the rupee closed at its all time low of 72.98, falling 47 paise against the US currency due to surging crude oil prices and escalating trade war worries. Earlier in the day, the Indian currency hit a historic low of 72.99 in late afternoon deals.


BusinessToday.In
September 12, 2018
While the Sensex rose 325 points to hit an intra day high of 37,738, the Nifty recovered 93 points to touch 11,380 level. Top gainers on the Sensex were Adani Ports (2.82%) , Sun Pharma (2.77%) and ITC  (2.59%).


Joe C Mathew
New Delhi, September 11, 2018
The Reserve Bank of India (RBI) has highlighted that the fiscal deficit of all 29 Indian states would decline to 2.6 per cent of gross domestic product (GDP) as per their FY2019 Budget Estimates (BE), from 3.1 per cent of GDP as per their FY2018 Revised Estimates (RE).


BusinessToday.In
September 11, 2018
Today, the market extended losses with the Sensex closing 509 points or 1.34% lower at 37,413. Nifty too fell 150 points or 1.32% to 11,287 level. The Sensex has lost nearly 1,000 points in the last two sessions in a rout triggered by the worsening trade data. The Nifty too has lost 300 points in the same period.


BusinessToday.In
September 11, 2018
The Sensex has seen over 1% fall in the second straight session today for first time since February 2016. On Monday, the Sensex closed 467 points or 1.22% lower at 37,922, the Nifty fell 151 points or 1.30% to 11,438 level.


BusinessToday.In
September 10, 2018
Brokers said weakness was seen in most Asian markets as investors were cautious amid fears of a possible escalation in the US-China trade conflict.


BusinessToday.In
September 10, 2018
Sectorally, auto and banking stocks were the top losers with BSE auto index falling 248 points and BSE bankex losing 241 points. On Nifty, top losers were Bajaj Finance, Sun Pharma and Bajaj Finserv.


BusinessToday.In
New Delhi, September 7, 2018
The weakening rupee against the US dollar and high crude-oil prices in the international market have swelled the current account deficit in the first quarter. The domestic currency has been Asia's worst performing currency so far this year


Prosenjit Datta
New Delhi, August 31, 2018
A closer look at the details of the GDP estimates shows that some worries remain and whether the 8 per cent plus can be maintained and bettered in the next several quarters will depend both on external factors as well as how well the government can manage its finances.


BusinessToday.In
August 31, 2018
The figures mean India is the fastest growing economy in the world, and comes as a boost for Prime Minister Narendra Modi's government after demonetisation and GST had led to a slowdown in the economy.


BusinessToday.In
August 30, 2018
The commerce and industry ministry is setting up two more task forces to plan the use of big data and artificial intelligence in government processes and chalk out the country's response to the changing trade dynamics.


BusinessToday.In
New Delhi, August 29, 2018
Gross NPAs of banks may improve to 10% in March 2019 as resolution process picks up paceThe gross non-performing assets (GNPAs) of the banking sector is likely to improve to 10 per cent in March 2019, from 11.52 per cent as on June 30, 2018, as nearly 60 per cent of the bad loans of the sector are under active resolution, a report has said. The net NPA is also expected to decrease to 4.3 per cent, from 5.92 per cent as of June-end this year, ICRA said in its report. The rating age...


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