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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.


Joe C Mathew
New Delhi, September 24, 2018
While intraregional trade accounts for 50 per cent of total trade in East Asia and the Pacific and 22 per cent in Sub-Saharan Africa, it forms only 5 per cent of South Asia's total trade.


BusinessToday.In
New Delhi, September 21, 2018
According to Gorman, the rupee's depreciation is not a reflection of poor economic management, rather an \"unfortunate consequence\" of external factors.


BusinessToday.In
September 19, 2018
Cautioning businesses in China to be ready for a long drawn trade war with US, Alibaba Group founder Jack Ma said the dispute could drag for 20 years, extending far beyond the presidency of Donald Trump.


PTI
Washington, September 19, 2018
Donald Trump's remarks came after he announced that the US will slap 10 per cent tariffs on $200 billion worth of Chinese imports.


Reuters
New Delhi, September 19, 2018
India's steel imports totaled $6.5 billion in 2017/18, according to official data.


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
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


Rah Shri
New Delhi, September 18, 2018
The first wave of import curbs will include items like luxury cars, high-end mobiles, steel, aluminum, electronic items and furniture. Other items added to the list are dry fruits and imported fruits like almonds, and alcoholic beverages.


BusinessToday.In
September 17, 2018
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.


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.


BusinessToday.In
September 17, 2018
On Saturday, the government announced steps to check non-essential imports and promote exports in order to arrest the decline in rupee, check the widening current account deficit and relaxing norms for raising overseas borrowing.


PTI
September 17, 2018
According to the global financial services major, the valuations of Indian equities have stretched further largely driven by \"financialisation of savings\", improving corporate earnings outlook especially post the GST framework, and India's relative resilience to a trade war with the US.


BusinessToday.In
September 15, 2018
Finance Minister Arun Jaitley said that external factors like policies adopted by the United States, trade tensions and skyrocketing crude oil prices are impacting economies like India, despite \"strong fundamentals\".


PTI
New Delhi, September 14, 2018
In August, the growth rate in overseas shipments touched a three-month high of 19.21 per cent. Earlier in May, exports had recorded a growth of 20.18 per cent.


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.


PTI
September 12, 2018
\"Export trade during August 2018 recorded at $27.84 billion, a positive growth of 19.21 per cent. Exports excluding petroleum also reported a positive growth of 17.43 per cent,\" said Commerce and Industry Minister Suresh Prabhu.


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
New Delhi, September 11, 2018
Ruchit Jain, Technical Analyst at Angel Broking, takes viewers through all the market action today. While the Sensex closed 509 points or 1.34% lower at 37,413, Nifty fell 150 points or 1.32% to 11,287 level.


BusinessToday.In
September 11, 2018
The market extended losses for the second continuous session this week amid a falling rupee, rising crude oil prices, widening current account deficit and global trade tensions which dampened investor sentiment. While the Sensex closed 509 points or 1.34% lower at 37,413, Nifty fell 150 points or 1.32% to 11,287 level. 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 N...


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