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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 appreciates 17 paise against US dollar

Narrowing country's trade deficit and selling of the American currency by exporters supported the domestic currency.

18 March 2019 10:16 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex rallies over 300 points, Nifty above 11,500 mark

The 30-share Sensex spurted 326.06 points, or 0.80 per cent, to 38,350.38 in early trade.

18 March 2019 10:11 AM IST

Yamaha to shore up premium image

Last weekend, the brand launched its new 155cc bike Yamaha MT-15 priced at Rs 1.36 lakh at Delhi showroom.

18 March 2019 4:46 AM IST

25 basis points were raised by the US Federal Reserve.

FII inflows, Fed rate, crude to guide market this week

Investors will also be looking for current account numbers, which is expected on Monday.

18 March 2019 4:39 AM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

Insurance industry wants IFRS 17 adoption deferred

IFRS norms like risk-based capital framework is necessary to assess the financial strength of a company.

18 March 2019 4:32 AM IST

Stunning growth: The FMCG sector in India is expected to more than double to $104 billion by 2020 from the current $49 billion. The sector is expected to grow at a compounded annual growth rate (CAGR) of 20.6 per cent. There is almost nothing else in the world growing this quick.

Transasia Bio-Medicals eyes small cities

India's overall medical devices industry is pegged at a $5.2 billion (Rs. 35,097.40 crore), most of which is imported.

18 March 2019 4:28 AM IST

The dollar was trading at 112.59 yen on Thursday, higher than 112.48 yen in New York.

CIC raids Glencore, Edelweiss over pulse price collusion

Antitrust officials collected evidence, including documents and e-mails and questioned company officials.

18 March 2019 4:19 AM IST

Wirecard, a star in the German stock market for more than a decade, came under selling pressure after a series of reports of a possible fraud in Indian operations.

Acquisition of Chennai firm at centre of fraud investigation

Germany's Wirecard under S'pore probe for likely money laundering.

18 March 2019 4:12 AM IST

ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that the cryptocurrency can leave, as it changes hands through a range of electronic devices and platforms.

Assocham charter of demands for political parties pitches for 8-8.5 pc...

To boost manufacturing, industry body asked for gradual simplification of GST structure aiming dual rate slab 8 and 16...

17 March 2019 7:07 PM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

SEBI mulls reducing rights issue listing time

In September last year SEBI decided on reducing time to list shares on bourses after IPO to 3 days from the present 6.

17 March 2019 6:43 PM IST

Calling it a serious matter, CAIT urged the government to start a high-level enquiry at Indian ports to bring an end to the crony nexus. (Photo: File | Twitter)

CAIT urges govt to probe Chinese goods imported via hawala route

CAIT, in a statement, claimed that "such hawala money might be transferred to Pakistan for conducting terror...

17 March 2019 6:28 PM IST

On the ARC (asset reconstruction company) business plan, Centrum Indias Jaspal Bindra says it can wait. (Photo: Facebook | Centrum India)

Centrum to launch Rs 500-cr structured credit fund

Centrum Group's credit business, which was launched towards the middle of last fiscal, already has a loan book of Rs...

17 March 2019 6:08 PM IST