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BusinessToday.In
September 19, 2018
Cash-strapped Jet Airways will stop serving free meals to customers who book flights under its 'economy light' and 'economy deal' options from September 28.


Reuters
New Delhi, September 19, 2018
India's steel imports totaled $6.5 billion in 2017/18, according to official data.


BusinessToday.In
September 19, 2018
On Tuesday, the rupee closed at its all time low of 72.98, falling 47 paise against the US currency due to surging crude oil prices and escalating trade war worries. Earlier in the day, the Indian currency hit a historic low of 72.99 in late afternoon deals.


Rah Shri
New Delhi, September 18, 2018
The first wave of import curbs will include items like luxury cars, high-end mobiles, steel, aluminum, electronic items and furniture. Other items added to the list are dry fruits and imported fruits like almonds, and alcoholic beverages.


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
A few years after Xiaomi launched its brand, it came to be known as \"Apple of China\". The design language, operating system, and many other elements seemed to be inspired by iPhones.


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.


Dipak Mondal
New Delhi, September 17, 2018
The chances of missing the fiscal deficit target of 3.3 per cent are growing and the first quarter target is already 70 per cent.


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.


Reuters
September 15, 2018
India's loadings from Iran for this month and next will drop to less than 12 million barrels each, after purchases over April-August had been boosted in anticipation of the reductions.


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.


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%).


Kamlesh Damodar Sutar
Mumbai, September 12, 2018
The state government has anticipated that rupee will further fall to 80 mark against the US dollar and the new cost of the chopper would shoot up to Rs 145.27 crores from Rs 127.11 crore.


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
The market extended losses for the second continuous session this week amid a falling rupee, rising crude oil prices, widening current account deficit and global trade tensions which dampened investor sentiment. While the Sensex closed 509 points or 1.34% lower at 37,413, Nifty fell 150 points or 1.32% to 11,287 level. 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 N...


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