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.

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.

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.

Defending his case, Mallya's lawyer Clare Montgomery argued that the Indian government has failed to provide any substantial evidence to form a 'prima facie' case of fraud against him, justifying his extradition.

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%).

The rupee Tuesday slumped 16 paise against the American unit to trade at a life-time low of 71.37 on strong demand for the dollar.

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Payout by RBI has shot up 63% year-on-year, but the finance ministry is not happy. The government believes that the payout ought to be higher so it has reportedly asked the apex bank to review its dividend and capital conservation rules.

The dividend payout in 2016-17 was Rs 30,659 crore for the fiscal ended June 2017. The dividend was low last year on account of additional expenses incurred on printing of new currency notes following demonetisation in November 2016.

The gap between total investments into FDs in comparison with other investment alternatives such as equities is sharply declining. So, should one move their deposit money into mutual funds to earn higher returns?

The bad loan problem for Indian banks has defied solutions despite multiple efforts by the government and the Reserve Bank of India (RBI) over the years.

RBI's second-consecutive increase in repo rate comes as a bad news for those who have taken loans from banks.

Any increase in repo rate comes as a bad news for those who have borrowed from banks because it is likely to lead to an increase in the interest they pay on loans.

If things go to plan, the options available to EPFO members will similarly include government securities, debt instruments, equity investments, money markets and infrastructure investment trusts.

The central bank had increased the benchmark short term lending rate(repo rate) by 0.25 per cent to 6.25 per cent in its last monetary policy review in June on inflationary concerns.

At 10:24 am, the Sensex was trading 320 points higher at 37, 305 level and the Nifty stood at 11,247, up 80 points. The BSE metal index rose to a record level of 12,497 points, up 219 points.

Sugar sector is in a bear cycle. Wait for some more correction before bottom-fishing.

The government's attempt to sell Air India has failed but its broad public asset management strategy is showing results.

The true extent of the NPA problem only started becoming clear once then RBI governor Raghuram Rajan initiated the Asset Quality Review (AQR) in 2015

A day after entering the $100 billion m-cap club, RIL stock continued its rally on Friday to breach the 7 lakh crore market valuation.