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As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee slips 10 paise against dollar in early trade

Rupee is trading at 68.54 against dollar in early trade on Friday ahead of the release of key macro-economic data.

12 July 2019 10:17 AM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Sensex, Nifty turn volatile ahead of IIP, CPI data releases

After jumping over 100 points, the 30-share index pared all gains to trade 6.14 points, or 0.02 pc, lower at 38,816.97

12 July 2019 10:14 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil near six-week highs amid Gulf of Mexico storm, Middle East...

Oil companies in the Gulf of Mexico had cut more than 1 million barrels per day (bpd) of output.

12 July 2019 10:01 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI puts up for sale two NPA accounts to recover dues of Rs 309 crore

The e-auction of Rajashree will take place on July 22 while that of Shree Vaishnavi on July 29.

12 July 2019 9:34 AM IST

This Ultra HD TV promises to take the visual experience to an all new level with the Ambilight technology.

How technology-driven tools and platforms have reinvented travel and...

To enrich the customer experience significantly, hotels have actually gone a step further and integrated Virtual...

12 July 2019 9:30 AM IST

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Govt invites bids for strategic sale of Pawan Hans for 3rd time

The last date for submission of Expression of Interest (EoI) is August 22, 2019, and intimation to the short-listed...

12 July 2019 8:53 AM IST

The programme will have different groups of performers who will be performing on wheelchair, crutches and calipers and with artificial limbs.

Divyang's Got Talent: Let's get ready to witness the epic performances...

Bollywood Actor Jackie Shroff to felicitate Life Saver Donors at the International Award Ceremony 2019.

12 July 2019 8:37 AM IST

Bridgestone raises capex at Indore plant

This factory produces a range of radial tyres for the passenger vehicle (PV) segment in Asia's third biggest car market.

12 July 2019 1:59 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Crude demand projected to drop next year

The projected drop in demand for OPEC crude is a reflection of that.

12 July 2019 1:57 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Markets to remain choppy near-term

The broad market indices like the BSE Mid-Cap and Small-Cap underperformed the Sensex and Nifty.

12 July 2019 1:56 AM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold may move up in H2: World Gold Council

Price momentum and positioning may fuel rallies and create pullbacks, as investors continuously reassess their...

12 July 2019 1:54 AM IST

Liquidity could ease post-the budget announcement of pooled asset purchase of Rs 1 lakh crore by PSU banks, the benefits of which are expected to be visible from H2FY20.

NBFCs: No visible signs of recovery

NBFC margins may be affected by higher share of fixed rate book and higher costs.

12 July 2019 1:52 AM IST