Business
Rupee Gains 13 Paise Against Dollar in Early Trade
However, the dollar's recovery against some currencies overseas on a strong US jobs report restricted the rupee's rise.
Asian Development Bank Urges US to Continue Investment
The Asian Development Bank (ADB) on Sunday urged the US to continue its investment in the bank amid uncertainty about Washington's commitment to multilateral entities.
Rupee Slides 9 Paise Against Dollar in Early Trade
The rupee weakened further by 9 paise to 64.27 against the US dollar in early trade on Friday at the forex market on increased demand for the American currency from importers and banks.
GST Will Push India's GDP Above 8 percent, Says IMF
Asserting that a strong India- China partnership is important for the world, the International Monetary Fund has said that maintaining openness to trade is very important, especially for Asia.
MSEs Can Now File Delayed Payment Grievances Online
"The portal would facilitate implementation of the delayed payment provisions of the MSMED Act 2006 and also assist in monitoring of delayed payment cases," MSME minister Kalraj Mishra said.
India's Antitrust Watchdog Orders Probe Into Roche Cancer Drug
Country's antitrust regulator has ordered a probe into Swiss drugmaker Roche for allegedly using anti-competitive practices to restrict cheaper copies of a blockbuster cancer drug from reaching patients.
Good News For Banks: Modi Govt Likely to Announce Policy to Tackle Bad Loans Soon
India's banks, for long laboring under a mountain of bad loans, can expect a government intervention soon, multiple sources have told News18.
Rupee Recoups 8 Paise After Dollar Stumbles
The rupee made a mild comeback as it recovered 8 paise to 64.55 against the dollar today after fresh selling of the US currency amid a higher opening in domestic equities.
Revised Refinery MoU to Save Rajasthan From Losses: Dharmendra Pradhan
Hitting out at the Congress, Chief Minister Vasundhara Raje said that it has a record of laying foundation stones to take political mileage and not doing the work on ground.
Note Ban Crimps MFIs' Securitisation by 21% in Fy17
Hit hard by the note ban, securitisation volume of microfinance institutions (MFIs) fell 21 per cent to around Rs 7,150 crore in fiscal 2017 compared to Rs 9,000 crore last year, says a report.
Liquor Ban on Highways to Affect 30 Percent Premium Hotels: Crisil
The ban on alcohol sale within 500 metres of highways will impact up to 30 percent of premium hotels, with Pune being the most affected city, domestic ratings agency Crisil has said.
Sensex Tanks 164 Points on Asian Cues, Nifty Drops 49.35 Points
The benchmark BSE Sensex lost over 164 points to 29,763.02 in early trade on Friday as RIL led the fall on increased selling by participants amid a weak trend in other Asian markets.
Rupee Softens 11 Paise Against US Dollar in Early Trade
The rupee weakened 11 paise to 65.14 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange on increased demand for the American currency from importers and banks.
SBI's Proposed Debt Less Likely to Default at BBB Rating by Fitch
The support rating floor reflects Fitch's expectation of a high probability of extraordinary support from government (BBB-/Stable), if necessary, given bank's very high systemic importance and quasi-sovereign status, it further said.
Ways to Make Your Child's Future Financially Secure
Life is not always a bed of roses, but if you’re prepared financially, you won’t have to worry about providing support for your children.
Sensex Bounces 172 Points on Positive Global Cues, Funds Inflow
Market benchmark Sensex rebounded over 172 points on Tuesday to close at 29,409.52 and the NSE Nifty went past the 9,100-mark as banking and auto stocks led the gains on the back of upbeat global cues on renewed optimism for tax reforms in the US and cont...
