Cumulatively, the exports were down 1.53 per cent to $133.54 billion in the April-August period, while imports contracted by 5.68 per cent to $206.39 billion

Cumulatively, during April-August 2019, exports were down 1.53 per cent to $133.54 billion while imports contracted by 5.68 per cent to $206.39 billion

Drop in international oil prices should reflect in cheaper petrol and diesel back home - but that's not happening.

The three state-owned companies had earlier said Air India owed Rs 5,000 crore of unpaid fuel bills to them, and that it had not paid fuel bills for the past eight months, forcing them to snap supplies

The rupee rebounded 19 paise to 72.20 against the US dollar in early trade on Wednesday, amid weakening of the American currency in overseas market.

Maruti Suzuki plans to make its entire small car portfolio available in compressed natural gas (CNG) variants. It is looking at the CNG option to fill the space currently occupied by diesel cars, which it intends to stop selling by April 2020.

The Indian currency extended its fall in late afternoon session declining 100 paise to 72.40 per dollar. Later, the currency closed 99 paise lower at 72.39 to the dollar.

Indian firms have been in dialogue with Russia since 2017 for a possible stake in the oilfields that will consolidate their presence in the energy-rich Arctic region

Gold price hike: The uncertainty on the US-China tariff war front, volatile oil market, murmurs of a recession, weak rupee and foreign funds outflow from India have all fuelled demand for this safe haven asset.

The companies that benefit from the decision include Adani Wilmar, COFCO International, Emami Agrotech and Ruchi Soya Industries among others

The Modi-Trump meeting assumes significance in the wake of the strain that has popped up in the bilateral relationship on a host of trade and economic issues