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The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

Rupee weakens further, down 31 paise against dollar

The domestic unit resumed lower at 67.62 as against yesterday's closing level of 67.43 per dollar at the inter-bank...

29 May 2018 11:47 AM IST

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

Gold rises 0.30 per cent on positive global cues

Gold is trading at Rs 31,302 per 10 gram as speculators raised bets amid a firm global trend.

29 May 2018 10:40 AM IST

Prime Minister Narendra Modi

Banks have given Rs 6 lakh cr Mudra loans to 12 cr beneficiaries: PM

Out of the 12 crore beneficiaries, 28 per cent or 3.25 crore are first-time entrepreneurs.

29 May 2018 10:21 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex slips 57 points in early trade on weak Asian cues

The NSE Nifty fell 23.85 points, or 0.22 per cent, lower at 10,664.80.

29 May 2018 9:53 AM IST

The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)

Rupee drops 22 paise against US dollar

Rupee is trading at 67.65 against the US dollar in early trade at the interbank forex market.

29 May 2018 9:43 AM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Govt to finalise passenger charter, air cargo policy this year: Prabhu

India is one of the fastest growing domestic aviation markets in the world, clocking double-digit growth for more than...

29 May 2018 9:33 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)

IT Dept extends date for sending suggestions on new direct tax

CBDT said that the term for sending suggestion and feedback has been extended by a period of three months.

29 May 2018 8:53 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

21 PSBs lost Rs 25,775 crore to frauds in FY18

RBI in its reply on May 15 did not specify details of any particular case of banking fraud.

29 May 2018 8:45 AM IST

Rating agency Icra on Tuesday revised the outlook on NBFCs retail credit growth upwards to about 17-19 per cent for FY18.

NBFCs may tap Indian bond mart

The highest amount ever raised through the issuance of retail bond was in FY14 totalling Rs 42,383 crore.

29 May 2018 1:58 AM IST

Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra.

Retailers object to Walmart deal

CAIT said the deal would deny market access to non-preferred sellers and impact small traders on offline platform.

29 May 2018 1:50 AM IST

US oil shipments to China have surged, creating trade between the worlds two biggest powers that until 2016 just did not exist.

States can cut fuel price by Rs 2, if they forego extra taxes: SBI

States earn additional revenue of Rs 2,675crore for every dollar/barrel rise.

29 May 2018 1:41 AM IST

Last month Idea announced plans to raise a total 67.5 billion rupees ahead of proposed merger

Idea completes 4G VoLTE roll out in 15 of 22 telecom circles

Overall, Idea has the second largest presence of VoLTE-based calling service after Reliance Jio.

28 May 2018 8:22 PM IST