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BusinessToday.in
New Delhi, June 28, 2018
The rupee collapsed to a lifetime low of 69.10 against the US dollar by plunging 49 paise in early trade today. Rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics. Watch BusinessToday.In video to find out about what led to the fall of the Indian currency.


BusinessToday.In
June 28, 2018
Rupee collapsed to a record low of 69.10 against the US dollar by plunging 49 paise in early trade today as rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics.


BusinessToday.In
June 27, 2018
The Indian currency opened at 68.42 a dollar and touched a low of 68.50-a level last seen on 1 December 2016 on worries over rise in fiscal deficit and inflation due to rising crude oil prices.


PTI
New Delhi, June 27, 2018
India's position has generally been that it will only enforce sanctions authorised by UN Security Council resolutions, rendering it likely that India will resist US efforts to compel it to comply with reimposed US sanctions such as those that mandate cuts in oil purchases from Iran, said the CRS report.


Mail Today Bureau
June 26, 2018
The Abu Dhabi firm on Monday signed a pact with Aramco, which in April entered an agreement with Indian oil companies to jointly develop the 1.2 million barrel per day Ratnagiri refining and chemicals complex.


Joe C. Mathew
New Delhi, June 25, 2018
Despite government initiatives, India's exports have remained below the 2013/14 levels. Exporters' GST problems and rising trade barriers suggest fast growth is unlikely to materialise.


Anand Adhikari
New Delhi, June 25, 2018
The list of negatives for rupee value against the US dollar is increasing by the day.


PTI
June 25, 2018
\"Investors were concerned as it was reported that US President Donald Trump approved tariffs on about USD 50 billion of Chinese goods,\" said Abhijeet Dey, Senior Fund Manager - Equities at BNP Paribas Mutual Fund.


PTI
June 25, 2018
Morgan Stanley pegged BSE Sensex earnings growth at 5 per cent, 23 per cent and 24 per cent for financial year 2018, fiscal 2019 and fiscal 2020, respectively.


BusinessToday.In
June 21, 2018
The 30-share Sensex, which rose over 131 points in morning trade and hit the session's high of 35,678, quickly lost momentum and slumped to hit the day's low of 35,396. It finally ended 114.94 points, or 0.32 per cent lower at 35,432.


BusinessToday.In
New Delhi, June 20, 2018
On managing fiscal deficit, Garg said the government has worked in a very prudent and sound manner. India would shortly achieve the targeted 3% fiscal deficit level and it will be more permanent and sustainable in nature.


BusinessToday.In
June 20, 2018
On Tuesday, the government launched the FFO of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies. The issue received subscriptions from investors such as mutual funds houses, foreign portfolio investors (FPI), insurance and retirement funds.


BusinessToday.In
June 19, 2018
The upcoming OPEC/non-OPEC Joint Ministerial Monitoring Committee meeting in Vienna on June 22 will play a major role in determining the trajectory of fuel prices here on.


BusinessToday.In
June 18, 2018
ICICI Prudential Asset Management Company is managing the launch of Bharat 22 ETF which is being offered at 2.5% discount to all the investor categories.


BusinessToday.In
New Delhi, June 18, 2018
Nirav Modi holds six Indian passports; agencies to file fresh FIRAbsconding jeweller Nirav Modi, wanted in the Rs 13,600 crore PNB fraud case, is reported to be in the possession of at least six Indian passports and the investigative agencies are likely to file a fresh FIR against him for this offence, senior officials confirmed. It is a criminal offence to possess more than one valid passport and also to use a revoked passport. Modi, who was earlier holed up in the UK, is now rep...


PTI
June 18, 2018
According to latest data available with depositories, FPIs withdrew a net sum of Rs 831 crore from equities and a net amount of Rs 4,683 crore from debt markets during June 1-15, resulting in a total outflow of Rs 5,514 crore.


PTI
June 17, 2018
Pressure has been mounting on the government to cut excise duty on petrol and diesel to bring down their prices which have gone up following a spike in crude prices in the international market.


PTI
June 17, 2018
This comes following a net outflow of over Rs 45,000 crore from capital markets (equity and debt) in the last two months. Prior to that, foreign portfolio investors had pumped in Rs 2,600 crore in March.


Reuters
June 15, 2018
The move by the state-controlled bank, India's biggest, comes after U.S. President Donald Trump pulled out of an international nuclear deal with Iran last month, pledging to reimpose tough sanctions within 180 days.


PTI
June 13, 2018



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