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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.

5 rules to make you financially independent

Save before spending. The practice of saving adds to one's psychological wellbeing.

25 Jun 2019 2:34 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

Storm is coming: Firms brace for transport disruption post shipping...

World's 2 biggest container shipping lines - Denmark's Maersk and MSC - say they face annual extra costs of over USD 2...

25 Jun 2019 2:31 PM IST

The current capacity at the plant is 22,000 helmets per day.

Steelbird to hike helmets production capacity with Rs 150 cr...

The expanded capacity will also result in adding nearly 2,500 new jobs, the company said.

25 Jun 2019 2:23 PM IST

ust as solar light can generate electricity, the water splitting process could do the same via the generation of clean chemical fuel such as hydrogen.

IOC sees growth in Indian fuel demand above 4 per cent in 2019

Gasoline and jet fuel demand are expected to rise by 7-8 pc this year, while diesel consumption could increase by 3 pc.

25 Jun 2019 2:02 PM IST

RIL to raise USD 1.85 billion from offshore lenders to meet its needs

RIL has been inquired by the ministry to provide details of funding, operations and revenues.

25 Jun 2019 1:35 PM IST

Thats a 28 per cent gain in two years, putting the US close to becoming the worlds biggest crude producer, edging nearer to the 11 million bpd churned out by Russia.

Filling Iran oil gap in India: US supplies outshine Middle East crude

India bought about 184,000 barrels per day (bpd) oil from the United States over November 2018 to May 2019.

25 Jun 2019 12:10 PM IST

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

Rupee rises 13 paise to 69.22 vs US dollar in early trade

Forex dealers said foreign fund inflows and selling of the American currency by exporters supported the rupee.

25 Jun 2019 10:58 AM IST

Congressman Mike Pompeo. (Photo: AP)

India, US nearing industrial security pact for defence technology...

After years of hesitation, India signed an agreement in 2016 to allow both countries to access each other's military...

25 Jun 2019 10:24 AM 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 falls over 150 points; IT stocks drag

Top losers in Sensex included HCL Tech, Sun Pharma, Hero MotoCorp, Asian Paints, Tata Steel, TechM, TCS and IndusInd...

25 Jun 2019 10:05 AM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Follow-up buying seen emerging in market

The index consolidated in a range throughout the day and ended around the 11700 mark.

25 Jun 2019 4:21 AM IST

The tourists will get an opportunity to visit the deep inside the coal mines in Bhandewada and Ukani to understand the intricacies involved in coal mining.

Manikaran eyes lithium refinery

In the new scheme of things, the two companies will contribute their respective skills, resources and know-how towards...

25 Jun 2019 4:17 AM IST

Interestingly, the promoters of Emami Group have more than adequate pool of diverse assets of value.

Promoters sell 10 per cent in Emami, raise Rs 1,230 crore

The company had earlier resolved to pare the debt of Emami Group and the latest move aims at doing that in the next 6 to...

25 Jun 2019 4:10 AM IST