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BusinessToday.In
New Delhi, September 17, 2018
If govt allows, I can sell petrol, diesel for Rs 35-40 per litre, says Baba RamdevAs petrol and diesel prices continue to break records every day, yoga guru Baba Ramdev has said if the government allows, he can sell petrol and diesel for just Rs 35-40 per litre. He also called for bringing petrol and diesel under the lowest slab of the uniform Goods and Services Tax (GST), and not the 28 per cent rate, as people's \"pockets are being emptied\". Raising questions over the governmen...


BusinessToday.In
New Delhi, September 13, 2018
RBI pulls back rupee from the brink by selling dollarsThe rupee slumped to a historic low of 72.91 in morning trade on Wednesday forcing the RBI to sell US dollars in the market through public sector banks to bring the Indian currency back from the brink. The government also issued a statement that the rupee would not be allowed to crash to an unreasonable level which further bolstered sentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollar at the end of th...


BusinessToday.in
New Delhi, August 31, 2018
Rupee plunges to record low of 71 against US dollarThe Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, news agency PTI has reported.Rupee is worst performing currency in Asia on year-to-date basis. Rana Kapoor to remain Yes Bank CEO and MD till further notice from RBIPrivate sector lender Yes Bank today said it has received RBI's approval for the ...


BusinessToday.in
New Delhi, August 30, 2018
Rupee hits record low of 70.82, falls 23 paise against US dollarThe rupee on Thursday extended losses for the fourth consecutive session and plunged to an all-time intra day low against the US dollar on strong month-end dollar demand from oil importers and foreign fund outflows. The currency fell 23 paise to hit a new record low of 70.82 per dollar. The slide was triggered by factors such as crude prices hitting multi-month highs fuelled by supply shocks along with concerns over ...


Renu Yadav
New Delhi, August 20, 2018
Swarup Mohanty, CEO of Mirae Asset Global Investment (India), talks about market conditions, impact of SEBI mandates, his company's growing focus on debt products and massive digitisation of mutual fund transactions in a freewheeling chat with Renu Yadav. Edited excerpts:


Nidhi Singal
New Delhi, August 6, 2018
From bite-sized sessions to gaming formats, learning languages online has become a convenient, fun-filled exercise.


BusinessToday.In
New Delhi, July 30, 2018
Ever since the banks were stopped from providing financial services to digital exchanges, the trade of Bitcoin through Dabba trading has increased manifold, and the whole purpose of stopping the flow of illicit money seems to have been defeated.


Nidhi Singal
New Delhi, July 20, 2018
The US-based online language learning platform, Duolingo, has launched Hindi language course for English speakers. The course will be available on the web starting Thursday and will come to iOS and Android platform in some time.


Prosenjit Datta and Rajeev Dubey
New Delhi, July 9, 2018
As the Goods and Services Tax turned one, Business Today organised a discussion to understand how the journey had been so far, and what needed to be done in future. The panel, comprising Anita Rastogi, partner, indirect tax, PwC; Abhishek A. Rastogi, partner, Khaitan & Co; Atul Gupta, senior director, Deloitte, Haskins & Sells LLP; Ajay Sahai, Director General & CEO, Federation of Indian Export Organisations; Harpreet Singh, partner, indirect tax, KPMG; and Anil Bhardwaj, secretary general, Federation of Indian Micro & Small and Medium Enterprises held a 90-minute discussion


BusinessToday.In
New Delhi, July 3, 2018
The SC is scheduled to hear the petition against the RBI circular on July 20, but had agreed for an early hearing on July 3 on a separate petition filed by Internet and Mobile Association of India, which considers the cryptocurrency exchanges as its members.


Reuters
New Delhi, July 3, 2018
Shopkeepers and traders affiliated to a local lobby group held scattered sit-in protests across the country on Monday against Walmart Inc's proposed $16 billion acquisition of e-commerce firm Flipkart.


BusinessToday.In
New Delhi, June 28, 2018
Zebpay says the company may not be able to honour people's request after the deadline if banks discontinue its services as directed by the Reserve Bank of India.


Udit Bhambri
June 26, 2018
Recently we have seen the rise of personalised campaigns and content and the increase use of mobile devices and smartphones. With rising consumer engagement on the smaller screen, mobile is set to take a big piece of the digital pie for ad spends in 2018. 


P.B. Jayakumar
New Delhi, June 25, 2018
Companies of all hues, including old warhorses, are now betting on stock options to ensure employee loyalty


BusinessToday.In
New Delhi, June 20, 2018
Data released by the Reserve Bank of India shows an increase in cash withdrawals from automated teller machines (ATMs) by 22 per cent in April from a year ago to Rs 2.6 lakh crore.


BusinessToday.In
New Delhi, June 13, 2018
The Reserve Bank of India committee was one of the two panels constituted by the Ministry of Finance to look into cryptocurrencies.


Manu Kaushik
New Delhi, June 7, 2018
Kavita Gupta spent just 40 days at her home in the US last year. For the remaining part of the year, she was travelling different parts of the world searching for promising companies in the blockchain space.


BusinessToday.In
New Delhi, June 7, 2018
RBI monetary policy: MPC hikes repo rate by 25 basis points to 6.25%, keeps stance neutralThe monetary policy committee of the Reserve Bank of India (RBI) on Wednesday decided to hike the repo rate by 25 basis points to 6.25 per cent while maintaining a neutral stance. All the members of RBI's MPC voted in favour of a rate hike. The verdict of six-member MPC, headed by RBI Governor Urjit Patel, came after three days of deliberations instead of the usual two days. This is the first...


BusinessToday.In
New Delhi, May 9, 2018
Walmart likely to announce Flipkart deal soonWalmart is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce player Flipkart before the end of this week, two sources said, in what is likely to be the U.S. retail giant's biggest acquisition of a business. Walmart and Google parent Alphabet Inc will buy up to 75 percent of Flipkart, as reported by Reuters. Walmart will acquire about a 60 percent stake in Flipkart, while Alphabet will get a r...


BusinessToday.in
New Delhi, May 1, 2018
Why duty-free shops at Indian airports may not offer the cheapest rates in futureAuthority for Advance Ruling (AAR) threatened to implement GST on duty-free shops. According to a representative of Flemingo, the largest operator of duty-free shops in India, if the AAR decision is implemented, the price of duty-free goods other than liquor could go up by 9-14%.GoAir sues former MD for allegedly stealing sensitive info, sharing with rival IndiGo: ReportLow-fare airline GoAir has report...


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