Saudi Aramco raises $25.6 billion in largest-ever IPOSaudi Arabia's state oil company Aramco raised $25.6 billion in its initial stock offering on Thursday. The amount raised has broken the record of Chinese online giant Alibaba's $25 billion-debut on the Wall Street in 2014. The market launch has spiked Saudi Aramco's value at $1.7 trillion. It is now way ahead of the other contenders in the trillion-dollar club.'I condemn this approach': FM Sitharaman says her onions remark take...

Traders said positive opening in domestic equities, easing crude oil prices and fresh foreign fund inflows supported the domestic currency

The second and concluding part looks at how the quarterly GDP estimates use the organised sector indicators to measure the unorganised sector, which contributes nearly 50% to the GDP, thereby giving a misleading picture of the state of economic health

The report says private investment will bounce back as capacity utilisation rises and the cost of borrowing declines; says the government's initiatives like corporate tax cut will support investment

There is lot of conversion happening from diesel to gasoline and to compressed natural gas but still for most of the long-haul applications, diesels are here to stay for a few years

Q2 GDP: Some of the key economies in the world are in the verge of recession raising fears about the global economic health

At the interbank foreign exchange, the rupee opened at 71.63 then fell to 71.73 against the US dollar, showing a decline of 11 paise over its previous closing

The lowest price of Rs 38 per kg of the bulb was reported from Gwalior in Madhya Pradesh, the Consumer Affairs Ministry data showed

Two rating agencies - India Ratings and ICRA - expect the second quarter GDP growth numbers to be 4.7%. Even Kotak Economic Research estimates the second quarter GDP growth to be at 4.7% against their earlier estimate of 5.2%

At the interbank foreign exchange, the rupee opened at 71.33, then gained further ground and touched a high of 71.32, registering a rise of just 3 paise over its previous close

At the interbank foreign exchange the rupee opened at 71.43, then gathered momentum and touched 71.40 against the US dollar, registering a rise of 10 paise over its previous close

The companies owe solar and wind power generators including Goldman Sachs-backed ReNew Power and Softbank-backed SB Energy over $1.35 billion, according to the Central Electricity Authority

Ind-Ra said that even GDP growth of 5.6 per cent will \"require heavy lifting by the government\". It warned that sticking to the fiscal deficit target of 3.3 per cent could push GDP growth even below 5.6 per cent

At the Interbank Foreign Exchange, the rupee opened strong at 71.67, showing a rise of 7 paise over its previous close

Benchmark BSE S&P Sensex surged 530 points to hit a fresh closing high of 40,889.23, while NSE Nifty50 soared 164 points higher to end Monday's trade at 12,079

The domestic mining landscape is staring at a major disruption when an estimated 329 mining leases expire and need to be auctioned at the end of this fiscal. The tardy progress of auctions so far indicates the changeover could be very messy.

Why the Sensex is on fire even as the economy hurtles downhill

At the interbank foreign exchange, the rupee opened strong at 71.68, showing a rise of 3 paise over its previous closing

While Britannia is likely to introduce price changes by the next 3-4 months, Parle may hike prices be by the last quarter (January-March) of the current financial year

At the inter bank foreign exchange, the rupee opened at 71.77, showing a decline of just 1 paise over its previous closing