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Mail Today Bureau
New Delhi, September 13, 2018
The government also issued a statement thatthe rupee would not be allowed to crash to an unreasonable level which further bolsteredsentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollarat the end of the day to settle at 51 paise higher than the previous day'sclose.


BusinessToday.In
New Delhi, September 12, 2018
The Indian currency hit a fresh record low of 72.91 against the dollar on Wednesday, only to recover to Rs 72.35. The currency has fallen over 13 per cent against the dollar since January.


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%).


BusinessToday.In
New Delhi, September 12, 2018
The country would see the number of demi-billionaires rise from 200 in 2017 to 340 by 2022. The report expects India, the world's second largest economy, to grow at a higher pace, which will push more Indians into the $500-million club.


BusinessToday.In
September 12, 2018
On Tuesday, foreign institutional investors pulled out Rs 1,454 crore from the Indian stock markets-their highest daily outflow in over three months. Brent crude, used to price international oils, gained 57 cents to $79.63 a barrel.


PTI
September 11, 2018
The continuing plunge in the Indian rupee, coupled with the rising crude prices, will give the states a windfall in tax revenues to the tune of Rs 22,700 crore over and above the budget estimates for the current fiscal.


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
New Delhi, September 11, 2018
Travel to Indonesia this year and shop in the markets of Jakarta or while away time at the beaches of Sri Lanka.


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 11, 2018
As global tech giants slug it out to take a bigger piece of India's booming digital payments pie, Facebook-owned messaging service is reportedly scouting for talent to lead its payments team.


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 10, 2018
Govt to fine-tune e-commerce rules; panel formed to look into issueThe government has set up a group of secretaries to review a recently released draft ecommerce policy, which has drawn severe criticism from many stakeholders. The nascent but booming online retail space has largely been without regulations until a task force led by then commerce secretary Rita Teaotia put together the draft policy. The new group will be chaired by the secretary in the department of industrial poli...


BusinessToday.In
New Delhi, September 10, 2018
Economic Affairs Secretary Subhash Chandra Garg said last week's rupee fall was on account of the belief that emerging markets with a current account deficit may face some pressures going forward, and the rupee was no exception


BusinessToday.In
September 10, 2018
Earlier, the Indian currency opened at a fresh record low of 72.18 to the dollar, down 45 paise compared to Friday's close of 71.73 level. The currency witnessed intense volatility and hit all-time low of 72.64 during morning deals.


BusinessToday.In
September 10, 2018
The Kolkata-based firm has restructured its international operations by merging its businesses in Canada, America and Australia (CAA) and the UK, Europe, Middle East and Africa (EMEA) regions into a single unit.


PTI
September 10, 2018
At 10:09 am, the Sensex was trading 206.85 points, or 0.54 per cent lower to 38,127.97. The laggards include Yes Bank, PowerGrid, Kotak Bank, ONGC, Hero MotoCorp, HUL, HDFC Bank, ICICI Bank, HDFC, Tata Motors, Sun Pharma and Asian Paint Sun Pharma, Yes Bank, SBI, ICICI Bank, NTPC, ONGC and Maruti Suzuki, falling up to 2.12 per cent.


PTI
September 9, 2018
Capital markets regulator SEBI may soon summon ICICI Bank's on-leave CEO Chanda Kochhar and her husband with regard to a probe into alleged regulatory lapses with regard to his business dealings.


PTI
September 9, 2018
Fadnavis added that if the opposition is so concerned about the high fuel prices, it should announce in the states ruled by the Congress or their alliance partners that there would be no tax on petrol and diesel.


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


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