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After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: APBusiness
Rupee surges 39 paise against US dollar in early trade

Rupee is trading at 67.39 against the dollar at the interbank forex market.

28 May 2018 9:40 AM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.Business
Fuel prices surges for 15th day, touches Rs 78. 27 in Delhi

Hike in crude oil price in the international market are some of the factors affecting the fuel price.

28 May 2018 9:34 AM IST

The Ministry of External Affairs on Friday suspended validity of passports of Nirav Modi and his business partner and uncle Mehul Choksi with immediate effect for a period of four weeks. (Facebook screengrab/NIRAVMODI)Business
ED to seek immediate seizure of Nirav's Rs 7,000 cr assets

Agency is likely to seek special court's permission to invoke provisions of the Fugitive Economic Offenders Ordinance.

28 May 2018 9:25 AM IST

US oil shipments to China have surged, creating trade between the worlds two biggest powers that until 2016 just did not exist.Business
High oil prices may spoil party for BJP in 2019

In 2018, petrol price in Mumbai has already reached Rs 85.93 a litre on May 27.

28 May 2018 9:15 AM IST

The firs product based on Qualcomms system may arrive by the end of the year.Business
Qualcomm to meet China regulators in push to clear $44 bn NXP deal

The company in April was forced to refile its China anti-trust application to clear the NXP deal.

28 May 2018 8:35 AM IST

Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.Business
Vedanta sticks with plan to expand Indian smelter despite deadly...

Vedanta wants to double the smelter's capacity mainly to meet India's rising copper demand.

28 May 2018 8:33 AM IST

According to CII, strong rural consumption is reflected in sectors such as consumer non-durables, 2-wheelers and tractors.Business
Economy is set on a path to Recovery: CII

CII president Rakesh Bharti Mittal on Sunday said that there are now strong indications that the economy is set on a...

28 May 2018 6:41 AM IST

The study showed that the incumbent retained power in FY99 and FY09 when spending growth was higher than budgeted, but lost elections in FY04 and FY14 when spending was lower than budgeted.Business
Polls don't lead to fiscal profligacy

No visible link between fiscal spend and results: Analysts

28 May 2018 1:16 AM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.Business
No end in sight as fuel price surges for 13th day

Increase in petrol and diesel is likely to increase inflation as it make transportation of goods and other services...

28 May 2018 12:50 AM IST

Law and IT Minster Ravi Shankar Prasad had previously warned social media giant Facebook of \stringent\ action for any attempt to influence polls through data theft.Business
No fly-by-night operator will be allowed to play with data, says...

The IT ministry will wait for Cambridge Analytica to respond to the second notice, Prasad said.

27 May 2018 5:49 PM IST

Amul brand, today reported 8 per cent increase in its turnover to Rs 29,220 crore for the last fiscal ended March 31.Business
Amul eyes nearly Rs 50,000 crore group turnover in FY19

The co-operative has also recently tied up with the government and lenders, under the Pradhan Mantri Mudra Yojana.

27 May 2018 5:20 PM IST

RBI Governor Urjit Patel, will announce the resolution of the MPC on its first bi-monthly monetary policy for financial year 2018-19 later in the day.Business
RBI governor to brief parliamentary panel on mounting NPAs

Patel will talk about the conditions of nationalised banks in view of rising NPAs and the future course of action to...

27 May 2018 5:02 PM IST

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