Business
Rupee Opens Lower by 15 Paise Against Dollar
The rupee lost 15 paise to trade at a fresh two-week low of 64.68 against the dollar in early part on Friday as the American unit strengthened overseas on upbeat data.
Industrial Production Growth Slows to 3.1 Percent in April
Industrial production growth slipped to 3.1 percent in April due to poor show by manufacturing, mining and power sectors coupled with lower offtake of capital goods and consumer durables.
Rupee Down 6 Paise Against Dollar in Early Trade
In line with domestic equities, the rupee opened 6 paise lower at 64.27 a dollar in early trade on Friday due to increased demand for the US currency from importers and banks amid cautious global sentiment.
Inflation Data a Challenge, RBI 'Grappling' With It: Dy Guv
Reserve Bank Deputy Governor Viral Acharya on Wednesday said price rise data pose a challenge and the central bank is "grappling" with it.
Petrol, Diesel Prices to Change Daily From June 15
Petrol and diesel prices will be revised daily from June 15 onwards by the three Indian oil marketing companies in sync with global crude oil prices, officials said here on Thursday.
Sensex Slips 22 Points in Early Trade on Global Cues
Reversing early gains, the Sensex on Thursday declined nearly 22 points as weak global cues turned investors cautious.
FDI Has Jumped to $61,724 Billion From $34,487 Billion: PM Modi
The Foreign Direct Investment (FDI) has seen a huge jump from $34,487 billion to $61,724 billion since 2013, Prime Minister Narendra Modi said on Wednesday.
Film Industry Urges Venkaiah Naidu to Reduce Proposed GST to 18 Percent
Representatives of the film industry on Tuesday urged Union minister M Venkaiah Naidu to reduce the proposed GST in film sector from 28 per cent to 18 per cent.
Aadhaar Mandatory For Kerosene Subsidy, Atal Pension Yojana
The Aadhaar card has now been made mandatory for government subsidy on purchase of kerosene and benefits of Atal Pension Yojana.
SpiceJet's Q4 Net Profit Plunges 61 Percent
Budget passenger carrier SpiceJet on Saturday reported a decline of 61.40 percent in its standalone net profit for the fourth quarter (Q4) of 2016-17, due to demonetisation and increase in fuel cost.
Look at Existing Levy Before Seeking GST Rate Cut: Arun Jaitley
Jaitley said: "Using media propaganda for making the rates vary will not make any significant impact on the decision of the Council."
NPA Resolution: Banks Seek Relaxation in S4A Scheme
Banks have sought a few Structuring of Stressed Assets (S4A), including waiver of promoters' personal guarantee, for quick resolution of stressed assets.
Modi Meets Spanish CEOs; Urges Them to Explore Opportunities in India
Prime Minister Narendra Modi on Wednesday met top CEOs of leading Spanish companies and invited them to participate in initiatives like 'Make in India', saying immense potential awaits them in the fast-growing nation.
For the First Time, Sensex Breaches 31,000-mark, Nifty Tops 9,600
The Sensex clocked a fresh record high of 31,000 on Friday, while the Nifty was nearing 9,600 as higher derivatives rollover led to strong follow-up buying in index heavyweights. At 1.39 pm, the 30-share Sensex climbed 275.18 points to scale 31,025.21, w...
Moody's Downgrades China's Credit Score on Debt Fears
Moody's ratings agency downgraded China's credit score for the first time since 1989 on Wednesday on fears that the country will struggle to tame its rising debt as economic growth slows down over the coming years.
TCS Unveils Streelighting Solution to Cut Costs
"Like the dawn of the Internet, we're just scratching the surface of what's possible when cities intelligently connect scores of new urban data sources," its group head for digital software and solutions group Seeta Hariharan said.
