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Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee settles marginally higher at 69.03 against US dollar

On a weekly basis, the Indian Rupee has gained 55 paise.

28 Jun 2019 7:05 PM IST

Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Current account deficit inches up to 2.1 pc but more than halves in Q4

Overall trade performance was prime influencer for both contraction in CAD for March quarter as well as a widening for...

28 Jun 2019 6:57 PM IST

Prime Minister Narendra Modi with Russian President Vladimir Putin and China President Xi Jinping during a meeting in the sidelines of the G20 Summit in Buenos Aires on Saturday. (Photo: AFP)

BRICS leaders call for transparent, inclusive international trade

The 5 leaders noted that world economic growth appears to be stabilising and is generally projected to pick up...

28 Jun 2019 6:44 PM IST

Prime Minister Narendra Modi unveiled a slew of incentives to boost startup businesses, offering them a tax holiday, inspector raj-free regime and capital gains tax exemption as part of the startup action plan.

Elevator Pitch Contest returns with a never-before opportunity for...

Formidable new Grand Prize offers access to investors, mentors and sponsorship to Cambridge Ignite, a global...

28 Jun 2019 5:45 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways Employee Consortium, AdiGroup to bid for 75 pc of airline

The debt-laden company became went into bankruptcy on June 20.

28 Jun 2019 5:06 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Sensex ends 192 points lower, Nifty below 11,800

After a choppy session, the 30-share BSE Sensex settled 191.77 points, or 0.48 per cent, lower at 39,394.64.

28 Jun 2019 4:19 PM IST

West Bengal Finance Minister Amit Mitra in an interview to NDTV on Wednesday said that the timing of the implementation of the GST was not right given the situation that has arrived in the aftermath of demonetisation.

Government to celebrate 2nd anniversary of GST on July 1

GST, which subsumed 17 local levies, was rolled out on the intervening night of June 30 and July 1, 2017.

28 Jun 2019 4:10 PM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Gold, silver slide on easing demand

Gold is trading at Rs 34,285 per 10 gram in the national capital on Friday on easing demand from jewellers.

28 Jun 2019 4:01 PM IST

Reserve Bank of India (RBI)

Failure at a big Indian non-bank lender could cause large damage: RBI

The central bank issued the warning in its latest Financial Stability Report, released on Thursday night.

28 Jun 2019 3:43 PM IST

World cup 2019 (Photo: AFP)

Big brands bet on World Cup fever in India, where cricket is...

Advertisers estimate this year's advertising spend of more than USD 400 million will be nearly double of 2015.

28 Jun 2019 3:35 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC seeks partners to boost output from over 60 small oil and gas...

Selected partners will have rights over part of incremental output on top of baseline production from the blocks.

28 Jun 2019 3:25 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI sets average base rate of 9.18 pc for NBFC-MFI borrowers for July...

RBI sets the average base rate for NBFC-MFIs on the basis of average of base rate of the five largest commercial banks.

28 Jun 2019 3:20 PM IST