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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 48 paise to 71.73 US dollars in early trade

The global benchmark, brent crude oil was trading at USD 62.73 per barrel, lower by 0.03 per cent.

4 Feb 2019 10:40 AM IST

National Stock Exchange or NSE building.

Sensex drops over 100 points; bank, auto stocks fall

The 30-share index was trading 109.53 points, or 0.30 per cent, lower at 36,359.90.

4 Feb 2019 10:20 AM IST

Reliance Jio topped the chart with Idea and Airtel lagging behind at 8.33Mbps and 7.66Mbps respectively. (image: yourstory.com)

Reliance Jio draws plan to bundle its own 5G handsets with 5G services

Reliance Jio will be able to start the 5G services within 6-8 months of auction early next year of 2020 in April.

4 Feb 2019 10:18 AM IST

New two-wheeler registrations have increased by 9.8 per cent year on year (YoY) in FY2018 led by Bihar (27.7%), Madhya Pradesh (27%) and AP & Telangana (16.4%).

Demand for two wheelers subdued, say experts

TVS has mandated increase in average dealer inventory to 45 days as against its earlier 30 days, said analysts at...

4 Feb 2019 1:24 AM IST

With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

Budget proposals positive for tractor, two-wheeler segments: Experts

The impact of the interim Budget 2019-20 is positive for both tractor and two-wheeler segments: ICRA VP Anupama Arora.

3 Feb 2019 6:42 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

Oil PSU capex drops to 4-yr low for 2019-20

Oil PSUs had invested Rs 89,180 crore in 2014-15.

3 Feb 2019 6:36 PM IST

The railways miniister Piyush Goyal said that frequency of the Express train would be increased in the upcoming days.

Investment in 17 entities under shipping ministry hiked to Rs 5,778 cr...

The government had proposed an investment of Rs 5,079.80 crore in the Budget for 2018-19.

3 Feb 2019 6:35 PM IST

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Difficult for govt to maintain 3.4 pc fiscal deficit in FY'20: Moody's

The govt has pegged the fiscal deficit for the next financial year at 3.4 per cent of GDP, as against the original...

3 Feb 2019 6:04 PM IST

Goods and Service Tax

Rising revenue trend prompted govt to peg 18 pc rise in FY20 GST...

The collection during this fiscal would be less by Rs 1 lakh crore from the Rs 7.43 lakh crore estimated in the budget...

3 Feb 2019 5:18 PM IST

Evaluating changes in FDI rules to avoid 'unintended consequences':...

Amazon's net sales during the fourth quarter rose 20 per cent to USD 72.4 billion.

3 Feb 2019 5:06 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

Timeline for LIC to reduce stake in IDBI Bank depends on business...

The insurance giant has been given the approval to acquire 51 per cent stake on the condition of bringing it down to...

3 Feb 2019 4:53 PM IST

Economic Affairs Secretary Shaktikanta Das

Goyal to address RBI board on Feb 9

Piyush Goyal to address the customary post budget meeting of the central board of RBI and highlight the key points of...

3 Feb 2019 4:41 PM IST