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Mudit Kapoor
New Delhi, September 20, 2018
The forex reserves have been declining in the past few weeks as the Reserve Bank is selling the US dollar to contain rupee depreciation


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


BusinessToday.in
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interests; Bank of Baroda, Vijaya Bank, Dena Bank stocks make major moves post merger announcement; US-China trade war: Trump imposes fresh round of tariffs on imports worth $200 bn; India delays imposition of retaliatory tariffs on U.S. goods till November 2; gold to become more expensive? Govt may hike import duty to stem rupee fall. Watch more in this episode of Business Wrap.


BusinessToday.In
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


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
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.


PTI
New Delhi, September 14, 2018
In August, the growth rate in overseas shipments touched a three-month high of 19.21 per cent. Earlier in May, exports had recorded a growth of 20.18 per cent.


BusinessToday.In
September 12, 2018
Credit Suisse in a note said an overhang on Titan is potential regulatory action if rupee depreciation worsens. In 2013, govt had taken measures to curtail gold imports to support the currency.


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
September 10, 2018
Xiaomi launched its new Redmi series last week and one of the three new smartphones will go on sale for the first time in India today. The device sits between both Redmi 6 Pro and Redmi 6A that were launched alongside the Redmi 6.


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


Anand Adhikari
New Delhi, August 31, 2018
The central bankers and governments of the EM countries have taken a number of steps to protect the value of their currencies


BusinessToday.In
August 16, 2018
The currency fell 42 paise to hit a fresh all time low of 70.32 intra day. Earlier, it opened 35 paise lower to 70.25 level compared to the US dollar.


PTI
August 14, 2018
The sharp surge in imports led to worsening of trade deficit to $18.02 billion in the reporting month as against a deficit of $11.45 billion during July 2017.


Anand Adhikari
New Delhi, August 6, 2018
India's macroeconomic parameters are sliding at a time when the world is staring at a full-blown trade and currency war.


Anand Adhikari
New Delhi, August 3, 2018
Though the situation is not as bad as it was in September 2013, when the currency slipped big time, the RBI has enough ammunition at its disposal to counter slipping from its hand.


Reuters
July 29, 2018
Washington decided to reimpose sanctions on Iran upon its withdrawal from a 2015 deal between world powers and Tehran in May, and has told countries they must halt all imports of Iranian oil from November 4 or face US financial measures.


BusinessToday.In
July 14, 2018
The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood at USD 12.96 billion.


PTI
New Delhi, July 13, 2018
The trade deficit in June is the highest since November 2014 when the gap was $16.86 billion. Oil imports during the month were up 56.61 per cent to $12.73 billion.


PTI
July 13, 2018
It has also been agreed that South Korea would permit Indians to set up yoga training institutes and send yoga trainers, while the Korean would do the same for Taekwondo.


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