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Mail Today Bureau
New Delhi, September 13, 2018
The government also issued a statement thatthe rupee would not be allowed to crash to an unreasonable level which further bolsteredsentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollarat the end of the day to settle at 51 paise higher than the previous day'sclose.


BusinessToday.In
September 12, 2018
Reversing a two-day meltdown, equity indices staged a smart pullback Wednesday as investors scooped up recently-hammered FMCG, metal and capital goods stocks amid a recovery in the rupee.Sentiment was bolstered after the government said all steps will be taken to ensure the domestic currency does not depreciate to \"unreasonable levels\", amid reports that PM Narendra Modi will take stock of the economic situation over the weekend.The Sensex surged in late afternoon trade to finish higher by ...


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.


Kamlesh Damodar Sutar
Mumbai, September 12, 2018
The state government has anticipated that rupee will further fall to 80 mark against the US dollar and the new cost of the chopper would shoot up to Rs 145.27 crores from Rs 127.11 crore.


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
New Delhi, September 11, 2018
Travel to Indonesia this year and shop in the markets of Jakarta or while away time at the beaches of Sri Lanka.


BusinessToday.In
New Delhi, September 11, 2018
Indian IT services companies could see improvement in margins by as much as 100 basis points in their second quarter results due to the depreciating rupee.


BusinessToday.In
New Delhi, September 11, 2018
The measures will cost the Vasundhara Raje government around Rs 2,000 crore due to a reduction in price, while Andhra will lose around Rs 1,120 crore.


BusinessToday.In
September 11, 2018
While several measures have been suggested to contain the rupee fall which has depreciated nearly 13% since the beginning of this year, you will be surprised to know that the Indian currency is not the only one to lose major ground due to geopolitical and fiscal factors.


BusinessToday.In
New Delhi, September 10, 2018
Former Prime Minister Manmohan Singh said the Modi government has completely failed in keeping its promises to the people of India. \"The need of the hour is for different parties to set aside their differences and come together,\" he said.


PTI
New Delhi, September 10, 2018
The decision will cost the exchequer Rs 2,000 crore and will provide the people a relief of Rs 2.5 per litre on petrol and diesel.


BusinessToday.In
New Delhi, September 10, 2018
Economic Affairs Secretary Subhash Chandra Garg said last week's rupee fall was on account of the belief that emerging markets with a current account deficit may face some pressures going forward, and the rupee was no exception


BusinessToday.In
September 10, 2018
Earlier, the Indian currency opened at a fresh record low of 72.18 to the dollar, down 45 paise compared to Friday's close of 71.73 level. The currency witnessed intense volatility and hit all-time low of 72.64 during morning deals.


PTI
September 10, 2018
At 10:09 am, the Sensex was trading 206.85 points, or 0.54 per cent lower to 38,127.97. The laggards include Yes Bank, PowerGrid, Kotak Bank, ONGC, Hero MotoCorp, HUL, HDFC Bank, ICICI Bank, HDFC, Tata Motors, Sun Pharma and Asian Paint Sun Pharma, Yes Bank, SBI, ICICI Bank, NTPC, ONGC and Maruti Suzuki, falling up to 2.12 per cent.


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 10, 2018
Twenty-one Opposition parties led by the Congress are holding a nation-wide 'Bharat Bandh' today to protest against skyrocketing fuel prices. The normal life was thrown out of gear as protestors blocked roads and highways.


PTI
September 9, 2018
Fadnavis added that if the opposition is so concerned about the high fuel prices, it should announce in the states ruled by the Congress or their alliance partners that there would be no tax on petrol and diesel.


BusinessToday.In
September 7, 2018
If the hike in fuel prices has weighed on your wallet, then you should brace for another bad news. Consumers in India will soon have to shell out more on daily use products.


BusinessToday.In
September 7, 2018
A litre of petrol is retailing at Rs 79.99 in the national capital while the same is selling for Rs 87.39 in the financial hub of Mumbai.


BusinessToday.in
New Delhi, September 6, 2018
Global factors behind rupee fall, no need for knee-jerk reaction: Jaitley; Jan Dhan Yojana: Govt doubles up overdraft facility from Rs 5,000 to Rs 10,000; Bharti Infratel to take annual hit of Rs 780 cr from Vodafone Idea exit; Jeff Bezos becomes richest person on the planet as Amazon becomes $1 trillion company; and Delhi might get a new fuel variant cleaner than CNG. Watch this episode of Business Wrap.


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