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The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee pares gains, slips 7 paise to reach 71.82 against US dollar

Rupee continued to be ruled by speculation, pressured by crisis in emerging market currencies.

6 Sept 2018 12:00 PM IST

Ranbaxy Laboratories promoter Malvinder Singh.

Delhi HC raps Malvinder, asks for deposit of 3.5 million Singapore...

Malvinder Singh who is the midst of a family feud, was on Wednesday rapped by the Delhi High court for disobedience.

6 Sept 2018 10:51 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Sensex opens in green on value-buying, up over 150 points

The 30-share BSE index recovered by 164.46 points, or 0.43 per cent, to 38,182.77 in opening trade.

6 Sept 2018 10:02 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rupee recovers 9 paise against US dollar in early trade

Rupee is trading at 71.66 against the US dollar in early trade at the Interbank Foreign Exchange market.

6 Sept 2018 9:41 AM IST

The policy aims to achieve USD 300 billion (over Rs 20 lakh crore) worth of textile exports by 2024-25 and create an additional 35 million jobs.

GST effect: Hundreds of thousands laid off despite growth

Complexities of GST have driven many small enterprises out of business and forced hundreds of thousands out of jobs.

6 Sept 2018 9:30 AM IST

Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)

RBI sells USD 1.5-2 billion to guard rupee from crossing 72-mark

Jaitley blames global factors, says rupee better off compared to other currencies.

6 Sept 2018 8:37 AM IST

Currently, import of raw and white sugar attracts 40 per cent customs duty.

India to surpass Brazil as top sugar producer, eyes bigger export...

Total supplies would be around 45 million tonnes against local demand of 25.5 million tonnes.

6 Sept 2018 8:26 AM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEO

Exports benefiting from weak rupee, says trade secretary

Merchandise exports rose 14.32 per cent in July to $25.77 billion from a year ago.

6 Sept 2018 8:20 AM IST

Minister of commerce & industry and civil aviation Suresh Prabhu interacts with mediapersons at state BJP office in Kolkata. (Photo: PTI)

GeM to hit $100 billion in 3 years, says Suresh Prabhu

Prabhu said that the GeM should now think of expanding its scope to increase the volumes of goods and services traded.

6 Sept 2018 7:06 AM IST

50-60% sales of etailers are from tier II and tier III cities.

Etailers have edge over retailers in small towns

91% Indian retail sales driven by brick-and-mortar stores, but smaller cities remain underserved.

6 Sept 2018 7:03 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI steps in to stop rupee hit 72 per US dollar

Weakness in emerging market currencies is being caused by fear of fresh tariffs from US, says expert.

6 Sept 2018 6:57 AM IST

These chargers would facilitate electric car users to charge their cars (battery electric vehicles such as the Mahindra e2o, Nissan Leaf, etc) at any time safely and conveniently. The chargers can also monitor the car battery charging status and units consumed while charging a car.

E-mobility to be preferred mode of road transport by next decade: Kant

At present 76 per cent of all vehicles sold are 2-wheelers, which consumed 64 per cent of fuel and accounted for 30 per...

5 Sept 2018 7:53 PM IST