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PTI
New Delhi, September 24, 2018
Brent breached the $80 per barrel mark on Monday and analysts at the American brokerage said they expect it to go up further to $95 by June 2019, which will put pressure on the current account.


BusinessToday.In
New Delhi, September 24, 2018
The vacancies - all for legal consultants - are available on contract basis. Successful candidates are eligible to earn up to Rs 2.10 lakh per month.


BusinessToday.In
New Delhi, September 24, 2018
In the last two RBI rate hikes, the quantum of transmission of the deposit rates has been higher than the lending rates.


PTI
New Delhi, September 21, 2018
In its Global Economic Outlook, Fitch, however, flagged tightening of financial conditions, rising oil bill and weak bank balance sheets as headwinds to growth.


BusinessToday.In
New Delhi, September 21, 2018
The critical payments data collected by them (foreign payments companies) is being processed and stored outside of India, which can have severe security implications in case of a data breach, Paytm writes to the NCPI.


BusinessToday.In
New Delhi, September 20, 2018
Alibaba is the first foreign company to openly claim it's ready to accept the data localisation rules, while other prominent giants like Amazon, Microsoft, American Express, Google and Facebook have shown reluctance.


PTI
September 19, 2018
Following a review of the economy by Prime Minister Narendra Modi last week, the government announced an array of measures to check the decline of rupee and curb the widening current account deficit (CAD).


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.


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.


Prosenjit Datta
New Delhi, September 17, 2018
Over the next few years, a number of entrepreneurs, who had shot to prominence over the past decade and a half, will either have lost their entire businesses or will see their empires shrink dramatically in size, after losing many of their companies.


BusinessToday.In
New Delhi, September 14, 2018
According to the government data released Friday, food articles registered deflation at 4.04 per cent in August 2018. Last month, deflation in this category was 2.16 per cent.


PTI
September 13, 2018
The other issues which figured in the meeting included ways to control sale of counterfeit products through an online platform, and facilitating logistics for the sector.


BusinessToday.In
New Delhi, September 13, 2018
Govt approves procurement policy worth Rs 15,000 crore to ensure remunerative prices to farmers; RBI pulls back rupee from the brink by selling dollars; and Walmart and Flipkart employees can switch between companies. Watch this episode of Business Wrap.


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
September 12, 2018
Retail inflation cooled to an 11-month low of 3.69 per cent for the month of August compared to 4.17 per cent in July, raising hopes that RBI may not go for another rate hike in the next monetary policy meeting.


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%).


BusinessToday.In
September 11, 2018
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 Nifty fell 151 points or 1.30% to 11,438 level.


BusinessToday.In
New Delhi, September 11, 2018
The RBI had earlier directed all payment services companies to store data in India by mid-October.


BusinessToday.In
September 10, 2018
The former RBI governor reportedly said that banks extended more loans to prevent 'zombie' loans from turning non-performing assets.


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