Business
Sensex on a winning streak, gains 80 points for fourth day
The Sensex on Friday had logged the best weekly gain since October last year by surging 3.14 per cent.
Rupee ends flat at 68.46 against US dollars
After two straight days of losses, the rupee on Friday started on a higher note at 68.39 at the Interbank Foreign Exchange in early trade and strengthened to 68.32 during the day on fresh bout of dollar selling by exporters and banks.
Compulsory disclosure of PAN backfires, boosts unofficial gold trade
The government made it mandatory for customers to disclose their Permanent Account Number (PAN), for purchases above 200,000 rupees from January 1.
Double-digit growth possible if reforms go on, says NITI Aayog Vice-Chairman Panagariya
Panagariyahe expressed hope that GST will be implemented as both parties concerned broadly agree on the comprehensive indirect tax reforms.
Infosys Q3 profit up 6.6% to Rs 3,465 crore, revenue jumps 15.2%
The Bengaluru-based firm's net profit stood at Rs 3,250 crore in the corresponding period a year ago.
Ensure RBI is not seen as paper tiger: Rajan to staff
Rajan also asked whether RBI was allowing regulated entities to get away year after year with poor practices even though these are noted during inspections or scrutinies? "Should we haul up accountants who do not flag issues they should detect?" he wonder...
Chinese stock markets closed after shares fall 7%
The Shenzhen Composite Index, which tracks stocks on China's second exchange, had tumbled 8.35 percent, or 178.08 points, to 1,955.88.
Rupee snaps 8-day winning run, ends 21 paise down
The rupee had gained by 90 paise or 1.34 per cent in previous eight trading days.
Rupee rules firm at 66.19 vs US dollar, up 2 paise
The benchmark BSE Sensex ended higher by 195.42 points or 0.76 per cent to 26,034.13.
Rupee gains 9 paise against dollar in early trade
The rupee had gained 2 paise to close at 66.33 against the dollar in Tuesday's trade on persistent selling of dollars by banks and exporters on hopes of resumption of foreign capital inflows.
As Raghuram Rajan tightens screws, banks can still disguise bad debts
India's banks are grappling with more than $110 billion of corporate stressed debt, a burden that is holding back fresh loans and hampering a speedier economic recovery.
Rupee falters to 1-week low of 66.69 vs dollar
The domestic currency moved in a range of 66.68 and 67.01 per dollar during the day today.
RBI keeps repo rate unchanged at 6.75%, CRR at 4%
The reverse repo rate under the liquidity adjustment facility (LAF) will remain unchanged at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 7.75 per cent.
Rupee strengthens by 18 paise vs dollar
India's economic growth accelerated to 7.4 per cent in the July-September quarter from growth rate of 7 per cent in the previous quarter ended June 30.
SpiceJet in talks with Boeing, Airbus to buy more than 150 planes
Such an investment would cap a remarkable turnaround for India's second-biggest budget airline by market share, which came close to collapse late in 2014 after running out of cash.
