Home » Business

Business - Page 1053

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee rebounds 41 paise against US dollar

Rupee is trading at 68.42 against dollar helped by revived sentiments following optimistic macroeconomic outlook.

13 Aug 2018 9:48 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Department of Telecom examines 5G pricing model

The telecom regulator recently suggested base price of Rs 492 crore per unit of 3,500 MHz 5G spectrum.

13 Aug 2018 9:22 AM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs back with bang; pump in over Rs 8,500 cr in eight days

According to latest depository data, FPIs pumped in a net sum of Rs 2,373 cr into equities during August.

13 Aug 2018 9:03 AM IST

Will Lead retain its sheen in batteries?

Will Lead retain its sheen in batteries?

Approximately 230 million tonnes of Zinc are available globally in commercial reserves, with 14 million tonnes available...

13 Aug 2018 4:33 AM IST

Another factor that is suggesting an onset of weakness in momentum is the lack of broadbased participation in the rally.

Global woes likely to drag down markets

The S&P 500 index in US is nearing a double top, which can be a big signal for global equities.

13 Aug 2018 12:34 AM IST

Further, a continuous push to reforms such as GST, PSU bank recapitalisation and time-bound insolvency resolution would also support the recovery, said CII.

India Inc expects recovery in demand, investment

The chamber said that out of the sectoral responses received for 70 sectors, there was a sharp increase in the sectors...

13 Aug 2018 12:32 AM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PSBs see GNPAs rise by Rs 1,54,470 crore in FY18

PNB lead the pack with bad loans rising about 56%.

13 Aug 2018 12:30 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India grounds 19 A320 family planes for lack of spares: ICPA

Aircraft worth approximately USD 3.6 billion or approximately Rs 25,000 crore are lying idle in the hangars.

12 Aug 2018 7:13 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

DGCA to conduct financial audit of turbulence-hit Jet Airways

DGCA has already evaluated the financial health of the national carrier Air India recently.

12 Aug 2018 6:25 PM IST

Chinas foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued.

RBI net sells USD 6.184 billion of US currency in June

Reserve Bank continued to remain net seller of the US currency for the third consecutive month in June.

12 Aug 2018 5:18 PM IST

Majority of staff members of several malls unanimously pointed that due to the note ban, they saw a rise in online transactions.

Malls becoming entertainment cum shopping centres due to online market

Certain online retailers are partnering with offline shopping centres and stores offering 'buy online and pick at store'...

12 Aug 2018 3:53 PM IST

File photo of a Jet Airways flight.

Jet Airways says meeting all payment obligations to lenders

The company has denied suggestions it told staff earlier this month it was running out of money.

12 Aug 2018 3:41 PM IST