Business

The rupee had last ended at 67.08 per dollar on June 17, 2016.

Asia remained weak as US payroll data, which essentially serve as a pointer to the health of the American economy and are scheduled to be released on Friday, added to the level of suspense.

With the increase in technology users it will be the main enabler of access to quality education, healthcare and financial services in empowering people in non-urban and rural areas and Digital India is slowly but steadily connecting rural India with the...

The dollar index was trading down by 0.18 per cent against a basket of six currencies in the late afternoon trade.

The World Bank President described Reserve Bank chief as a "great" central bank governor, saying he tremendously respected Rajan as an academic.

"Business leaders, with their ability to create businesses and ability to scale, need to play a very important role in social service," he said.

About 982 shares have advanced, 1600 shares declined, and 190 shares are unchanged.

Credit Suisse expects the Indian currency to depreciate to 67.70 in three months and 71.0 in 12 months.

The CBDT has notified the much awaited tax exemption on investments above fair market rate for startups.

I am saddened to hear about RBI Governor Raghuram Rajan's decision to opt for academia at the end of his current term: Anand Mahindra.

India's largest lender had in May mooted the proposal for merger of its five subsidiary banks with itself and acquisition of the newly set up Bharatiya Mahila Bank.

The retail inflation measured on Consumer Price Index (CPI) for April has been revised upwards to 5.47 per cent from the earlier 5.39 per cent, government data showed on Monday. It was 5.01 per cent in May 2015.

Manufacturing sector which constitutes over 75 per cent of the index, contracted by 3.1 per cent in April.

Strong dollar overseas and renewed capital outflows largely weighed on the rupee trade.

As the economy clocked 7.6 per cent growth rate for 2015-16 fiscal and core sector output at 4-year high of 8.4 per cent, Jaitley asserted that these are not "stray figures" and an analysis of the pattern shows inherent strength in the economy.

A higher opening in Europe and a mixed trend in Asia offered some respite. Sentiment got a lift after Tata Power and National Fertilisers posted strong earnings for the March quarter, brokers said.