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BusinessToday.In
September 18, 2018
Continuing its intermittent fall against the US dollar, the Indian rupee dived to another all-time low of 72.98 on Tuesday. The currency has lost over 13 per cent in value against the greenback since the beginning of the year.


BusinessToday.In
September 18, 2018
The rupee fell 46 paise to close at 72.97 level, its lowest ever against the US dollar in trade today which dampened market sentiment. The Indian currency had closed at 72.51 to the dollar on Monday. Led by the sharp fall in stocks, the market capitalisation (m-cap) of BSE-listed companies plunged by Rs 2,72,549.15 crore to Rs 1,53,64,470 crore since Friday.


BusinessToday.In
New Delhi, September 18, 2018
Since September 1, petrol prices have gone up by about Rs 3.58 per litre in Mumbai, while diesel rates have increased by Rs 3.57 per litre; the petrol and diesel both have shown a similar trend all across India.


BusinessToday.In
September 17, 2018
The merged entity or amalgamated bank would be India's third largest.


BusinessToday.In
September 17, 2018
The drop in value of rupee and spike in international crude oil prices may force the government to curb imports of non-essential commodities including gold.


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.


BusinessToday.In
New Delhi, September 17, 2018
The petrol reached Rs 82.06 per litre in Delhi on Monday, while diesel surged 6 paise to Rs 73.78 per litre. Petrol has already crossed the Rs 90 mark in two districts of Maharashtra.


BusinessToday.In
September 15, 2018
Finance Minister Arun Jaitley said that external factors like policies adopted by the United States, trade tensions and skyrocketing crude oil prices are impacting economies like India, despite \"strong fundamentals\".


PTI
September 14, 2018
All sectoral indices ended in the green, led by realty, power, consumer durables and metals. Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the domestic unit.


BusinessToday.In
September 14, 2018
Benchmark Sensex rose around 373 points to reclaim the 38,000-mark as better-than-expected macro data and further recovery in the rupee triggered widespread buying. The NSE Nifty too breached the 11,500-level with a rise of 145 points. All sectoral indices ended in the green, led by realty, power, consumer durables and metals.Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the Indian currency.The...


Mudit Kapoor
September 14, 2018
The 15-member OPEC (The Organisation of the Petroleum Exporting Countries) cartel pumped 32.98 million barrels per day last month. The rise in production was last matched in October 2017.


BusinessToday.In
September 14, 2018
Paytm has introduced a new offer to purchase petrol or diesel from select fuel pumps. The digital-wallet based app has promised a cashback of up to Rs 7,500. According to a report by NDTV News, the offer is valid till August next year.


BusinessToday.In
New Delhi, September 14, 2018
According to the government data released Friday, food articles registered deflation at 4.04 per cent in August 2018. Last month, deflation in this category was 2.16 per cent.


BusinessToday.In
September 14, 2018
The Indian currency has gained 123 paise in two sessions on report that PM Narendra Modi would hold a meeting to discuss economic scenario and the deteriorating rupee situation over this weekend.


BusinessToday.In
September 14, 2018
At 9:57 am, the Sensex rose 205 points to 37,923 level. The Nifty too gained 72.85 points to 11,442 points. Brent crude, which hit $80 per barrel two days ago, was trading at $78.25 a barrel.


BusinessToday.In
New Delhi, September 14, 2018
A litre of petrol is being sold for Rs 84.49 in Chennai, while it is Rs 83.14 in Kolkata. Diesel is being sold at Rs 77.49 in Chennai and Rs 75.36 in Kolkata.


PTI
September 12, 2018
\"Export trade during August 2018 recorded at $27.84 billion, a positive growth of 19.21 per cent. Exports excluding petroleum also reported a positive growth of 17.43 per cent,\" said Commerce and Industry Minister Suresh Prabhu.


BusinessToday.In
September 12, 2018
Reversing a two-day meltdown, equity indices staged a smart pullback Wednesday as investors scooped up recently-hammered FMCG, metal and capital goods stocks amid a recovery in the rupee.Sentiment was bolstered after the government said all steps will be taken to ensure the domestic currency does not depreciate to \"unreasonable levels\", amid reports that PM Narendra Modi will take stock of the economic situation over the weekend.The Sensex surged in late afternoon trade to finish higher by ...


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
September 12, 2018
The court said that the fuel price is a matter of national policy, any orders will have ramifications.


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