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BusinessToday.In
New Delhi, September 25, 2018
As per Indian Oil's daily pricing list for Tuesday, petrol has reached over Rs 91 in several districts of Maharashtra, with state capital Mumbai witnessing few paise jump to Rs 90.22 per litre.


BusinessToday.In
September 25, 2018
The Indian currency started 26 paise lower at 72.89 per dollar on negative global cues.  On Monday, the rupee rose marginally higher against the US dollar but pared gains in late trade to close 43 paise lower at 72.63 level.


BusinessToday.In
September 24, 2018
The stock of the Tata Group firm hit 2,214.15 level  its highest ever in trade today after the rupee weakened 29 paise to 79.42 level against the dollar in early trade as the greenback gained overseas. The home currency then closed 43 paise lower at 72.63 level to the dollar in trade today.


BusinessToday.In
September 24, 2018
While the Sensex was trading 519 points or 1.41% lower, the Nifty lost 170 points or 1.53% to trade at 10,971 level. Top losers on the index were M&M (6.85%), Adani Ports (5.93%), Bharti Airtel (5.44%) and HDFC (5.34%).


BusinessToday.In
September 24, 2018
The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the stock went into a tailspin, nosediving 42.43 per cent to end at Rs 351.55 on the BSE.


PTI
September 23, 2018
The Centre has prepared a list of non-essential items whose imports can be curbed and also drawn up a separate list of goods whose exports can be boosted with a little policy intervention.


PTI
September 23, 2018
The service tax department contends that the overseas units are rendering a service to OVL and as such the company is liable to pay service tax at the full rate.


PTI
New Delhi, September 21, 2018
NRIs, OCIs (Overseas Citizens of India) and RIs (Resident Indians) have been permitted to hold non-controlling stake in FPIs.


PTI
September 19, 2018
The DoT had reportedly barred Huawei Technologies and ZTE Corp from the list of companies allowed to work with local companies in 5G technology-based trials due to \"security\" concerns.


Reuters
New Delhi\Mumbai, September 19, 2018
In July, a government panel recommended that all \"critical personal data\" should be processed in India, and presented a draft bill that could affect how global firms store customer data.


PTI
September 19, 2018
Following a review of the economy by Prime Minister Narendra Modi last week, the government announced an array of measures to check the decline of rupee and curb the widening current account deficit (CAD).


BusinessToday.In
New Delhi, September 19, 2018
Once the process is complete Samara Capital and Amazon plan to rapidly expand the chain which was put on hold due to its burgeoning debt.


Reuters
New Delhi, September 19, 2018
It (India) is considering to make it mandatory for mills to export 5 million tonnes of sugar by incentivising overseas sales in the 2018/19 season, sources said.


Reuters
Mumbai, September 19, 2018
The government's latest measures to support the rupee announced last week were particularly underwhelming for market participants who have since increased bearish positioning on the currency.


Reuters
September 19, 2018
India's largest law firm, Cyril Amarchand Mangaldas (CAM), is being scrutinized by CBI sleuths after they seized documents related to the $2 billion fraud at state-run Punjab National Bank (PNB) from CAM's premises in February


Mail Today Bureau
New Delhi, September 19, 2018
Sebi says the mutual fund expenses will be brought down considering economies of scale. The easing of norms for FPIs is in tune with the government policy to attract foreign funds at a time when the rupee is depreciating sharply and the stock markets are on a roller coaster.


PTI
New Delhi, September 18, 2018
OVL had in April 2011 bought 25 per cent of Satpayev oil block.


PTI
September 18, 2018
The Enforcement Directorate (ED) has zeroed in on foreign assets worth about Rs 4,000 crore of absconding diamond jeweller Nirav Modi for quick attachment under Prevention of Money Laundering Act (PMLA).


BusinessToday.In
September 17, 2018
Despite steps such as withdrawing withholding tax on Masala bonds, allow some breathing space to foreign portfolio investors, and check non-essential imports and promote exports in order to arrest the decline in rupee, the local currency fell over 50 paise below the 72 level per dollar mark in trade today.


BusinessToday.In
September 17, 2018
The bonds are directly pegged to the Indian currency. So, investors will directly take the currency risk or exchange rate risks. If the value of Indian currency falls, the foreign investor will have to bear the losses, not the issuer which is an Indian entity or a corporate.


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