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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: AP

Rupee crumbles to fresh 2-week low on fiscal deficit woes

Rupee suffered an intense plunge and closed at a near two-week low of 64.06 against the US dollar.

3 Feb 2018 5:12 PM IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)

Jaitley launches CriSidEx, India's 1st sentiment index to help MSEs

Banks are really ready to support the MSME sector and they being major employment generator.

3 Feb 2018 4:01 PM IST

India typically imports around 800 tonnes of gold every year. (Photo: PTI)

Silver falls by Rs 500 per kg, gold steady on weak demand

Gold of 99.9 per cent and 99.5 per cent purity ruled flat at Rs 31,250 and Rs 31,100 per ten grams respectively.

3 Feb 2018 3:09 PM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Reliance to invest Rs 2,500 crore in Assam

Reliance Industries has become largest private sector investor in Assam by putting in Rs 5,000 crore.

3 Feb 2018 2:02 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Market take heavy beating, tumble 983 points for the week

Sensex started the week higher at 36,106.36 and hovered between all-time record high of 36,443.98.

3 Feb 2018 12:50 PM IST

Indias forex reserves have shot up considerably.

Forex reserves soar by USD 3 billion to USD 417.789 billion

Earlier, foreign exchange reserves registered a new high of USD 414.784 billion in the week to January 19.

3 Feb 2018 12:39 PM IST

The court asked the unions to spread the word that such incidents of violence should not happen so that a peaceful atmosphere is created for a meeting with Ola and Uber. (Representational Image)

Uber, Ola and others sign shared mobility pledge

Shared Mobility Principles provide a clear vision for the future of cities and create alignment between the city...

3 Feb 2018 11:28 AM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Inflation risks overdone; RBI rate cut likely in Aug: report

RBI in its fifth bi-monthly review of this fiscal kept repo rate unchanged at 6 pc and reverse repo at 5.75 pc.

3 Feb 2018 11:21 AM IST

Banks received 3 trillion rupees ($44.4 billion) of 500- and 1,000-rupee notes over the last four days.

Govt expects lower dividend proceeds from PSUs in FY19

As per Budget estimate for 2017-18, the govt expected Rs 67,529.24 crore from central PSUs.

3 Feb 2018 11:12 AM IST

BSNL to use part of its 3G spectrum for 4G services.

BSNL seeks Rs 6,652 crore as equity infusion from govt: Sinha

BSNL will pay balance Rs 7,233 crore of spectrum cost in ten annual installments from its internal accruals.

3 Feb 2018 11:03 AM IST

Vodafone India and Idea Cellular have decided to sell their respective tower businesses in India to ATC Telecom Infrastructure for Rs 7,850 crore. (File Photo)

Telecom sector can attract USD 100 bn investment under NTP 2018

Foreign direct investment in sector during first half of current fiscal has been to tune of USD 6.08 billion.

3 Feb 2018 10:53 AM IST

Inflation based on the Wholesale Price Index was 0.90 per cent in June 2017 and 0.63 per cent in July 2016.

Retail inflation for industrial workers rises to 4 per cent in Dec

Food inflation stood at 4.32 per cent against 3.91 per cent of the previous month.

3 Feb 2018 10:45 AM IST