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Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee falls 7 paise, hits fresh 1-week low against US dollar

A higher opening of the domestic equity market, capped the rupee's losses.

3 Aug 2018 9:42 AM IST

Chinas stock market has been overtaken as the worlds second-biggest by Japans, having been swiped this year by the threat of a trade war with the United States.

China loses spot as world's number 2 stock market: report

The figures showed Chinese stocks were worth USD 6.09 trillion, compared with USD 6.17 trillion in Japan.

3 Aug 2018 9:34 AM IST

Reliance Industries plans to shut oil and gas production at its main fields in KG-D6 block in the coming months.

Oil edges lower as supply concerns return

Oil prices tanked earlier this week when US govt reported that US inventories rose 3.8 mn barrels in prior week.

3 Aug 2018 9:10 AM IST

The CAATSA waiver that the Congress has made available to India in the 2019 National Defense Authorization Act should provide ample flexibility for New Delhi to proceed with the purchase of the Russian S-400 system. (Photo: PIB)

India puts off retaliatory tariff on US products

India will not impose higher duties on US almonds, walnuts and apples, among others, from August 4 as planned earlier.

3 Aug 2018 9:03 AM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank chairman assures of priority to governance practices

ICICII Bank registered its first ever loss in more than a decade at Rs 120 crore in the first quarter.

3 Aug 2018 8:29 AM IST

Indywood Film Carnival is an attempt to educate the stakeholders about the importance of such projects.

Indywood Billionaires Club opens FDI doors for film industry

The overall plan is to secure investments to the tune of $10 billion from 2,000 billionaire.

3 Aug 2018 8:23 AM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold's identity crisis batters outlook

Dollar has benefited from US economy being more resilient to trade war.

3 Aug 2018 1:52 AM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

India sees 8 per cent plunge in Q2 gold demand: WGC

Total jewellery demand also dropped by 8 per cent during the quarter 147.9 tonnes compared to 161 tonnes in the same...

3 Aug 2018 1:51 AM IST

Digital payments by mobile wallets bring in convenience with a few clicks, tendering exact change, and so on.

SBI, Reliance Jio extend deal to digital payments

SBI and Jio has a joint venture for payment bank- Jio Payments Bank, wherein Jio holds 70 per cent and the balance is...

3 Aug 2018 1:50 AM IST

Over the past 5-6 months, LNG prices in Asia have increased by over 70 per cent, driven by rising imports from China, it said.

City gas cos likely to take a hit

This, however, will have a bearing on the margins of CGD companies,â€ said Mayur Patil, associate director, Crisil...

3 Aug 2018 1:50 AM IST

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

5G services set to drive spectrum demand: Trai

The Trai on Wednesday recommended auction of about 8,644 MHz of telecom frequencies at an estimated base price of Rs 4.9...

3 Aug 2018 1:50 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex battered as tariff woes emerge

According to the provisional data released by the stock exchanges, FPIs sold shares worth Rs 639.87 crores on Thursday.

3 Aug 2018 1:49 AM IST