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

Rupee on back foot, slips from rate hike-inspired rally

Home currency retreated sharply to end at a fresh one-week low of 67.50, capping a spectacular two-week upsurge.

9 Jun 2018 3:22 PM IST

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

Gold tops Rs 32,000 on jewellers' buying, firm global cues

Gold, silver ready advanced by Rs 100 to Rs 41,100 and weekly-based delivery by Rs 40 to Rs 40,410 per kg.

9 Jun 2018 2:24 PM IST

To retain its market leadership status, the priority of the CIL would be to sell coal at a lower price than the private players.

CIL refutes Nabha Power allegation of coal shortage

CIL had allocated 3.64 lakh tonnes of coal to be lifted from the CCL and the BCCL for the period Apr18 to Jun18.

9 Jun 2018 12:21 PM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Markets post 3rd weekly gain, rose by 216 points

Sensex settled a tad above the psychological 35,000 level after sliding below that level in late trade.

9 Jun 2018 12:13 PM IST

Yesterday, the rupee had lost 19 paise to close at 67.41 against the US currency

Tax dept clears Rs 7,000 crore GST refunds of exporters

About Rs 14,000 crore of refunds of exporters were stuck due to various mismatches.

9 Jun 2018 11:28 AM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

Rs 1 crore reward scheme becomes headache for IT Dept

Income Tax Department is now being bombarded with calls, couriers and emails the informants.

9 Jun 2018 10:34 AM IST

India imported 8.7 million tonnes of LPG in 2015-16 and 4.66 million tonnes in first half of current fiscal.

India's fuel demand rose 3.4 per cent in May

Sales of gasoline, or petrol, were 2.0 per cent higher from a year earlier at 2.46 million tonnes.

9 Jun 2018 10:22 AM IST

Some of the measures to increase savings could include, expansion of coverage to more individuals, with a particular focus on low-income populations, women and employer-facilitated plans.

Gender pension gap in EU, US over 35 per cent

Governments and employers should work together to address the issues.

9 Jun 2018 6:01 AM IST

Thats a 28 per cent gain in two years, putting the US close to becoming the worlds biggest crude producer, edging nearer to the 11 million bpd churned out by Russia.

Oil Prices dip on fall in China demand

Further weighing on prices has been rising US output, which hit another record last week at 10.8 million bpd.

9 Jun 2018 5:52 AM IST

Over 2.25 lakh firms may be struck off in FY18-19

Over 2.25 lakh firms may be struck off in FY18-19

The Suspect List has 80,670 shell companies and has been drawn up by SFIO using certain red flag indicators by the task...

9 Jun 2018 5:43 AM IST

Union finance minister Piyush Goyal (centre) is seen along with SBI chairman Rajnish Kumar (left) and PNB chairman Sunil Mehta ahead of a press conference organised by SBI in Mumbai on Friday. (Photo: Debasish Dey)

PSBs may set up assets management firm: FM

Panel, headed by PNB chairman, to report in 2 weeks

9 Jun 2018 5:35 AM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

Bhushan Steel appoints 2 additional directors on board

The entire BSL management was changed last month after Tata Steel took control of the company.

8 Jun 2018 5:45 PM IST