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The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee jumps over 3 weeks high, up 55 paise against US dollar

The government on Thursday hiked the import duty on certain communication items.

12 Oct 2018 7:03 PM IST

Security personnel at the Kotak Mahindra Bank branch on Friday. (Photo: PTI)

'New branch opening pace has come down owing to digital transactions'

The presence of branches is still important, but it is not as important as it was two-three years back, he said.

12 Oct 2018 6:50 PM IST

The deal cost the computer peripheral manufacturer USD 117 million. (Photo: ANI)

Software engineers most sought-after by companies in India: study

Apart from tech-related jobs, business development managers and product managers were also among the top 10 positions.

12 Oct 2018 6:37 PM IST

MTNL, in a bold move, has approached the government seeking allotment of 4G spectrum.

MTNL gets shareholders' nod to raise share capital 12 times to Rs...

The resolution to raise the borrowing powers of the board from Rs 18,000 crore to Rs 25,000 crore was passed as a...

12 Oct 2018 6:28 PM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Aircraft maker Boeing 'concerned' about Jet Airways, says official

The full service carrier, which has been flying for over 25 years, is a key customer of Boeing.

12 Oct 2018 6:22 PM IST

The industrial growth measured by the Index of Industrial Production (IIP) for 2017-18 too decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal. The IIP had grown by 4.4 per cent in March 2017.

Poor mining output drags IIP growth to 3-month low of 4.3 per cent in...

The industrial production measured in terms of Index of Industrial Production was 4.8 per cent in August last year.

12 Oct 2018 6:13 PM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Retail inflation for September jumps to 3.77 pc on rising fuel, food...

Retail inflation in August was 3.69 per cent.

12 Oct 2018 6:05 PM IST

SBI chief sees bad loan provision falling after two quarters

India's banks have been plagued by a surge in non-performing loans which hit a record USD 150 billion at the end of...

12 Oct 2018 5:23 PM IST

A SpiceJet flight slid off the runway during landing at Mumbais international airport on September 19.

SpiceJet plans to fly new overseas destinations with Boeing 737-8 MAX...

Ajay Singh said the airline plans to give complimentary internet onboard the MAX flights and the details are being...

12 Oct 2018 4:58 PM IST

Richard Branson

Global business leaders suspend ties with Saudi Arabia

British billionaire Richard Branson on Friday suspended business links with Saudi Arabia.

12 Oct 2018 4:42 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex posts biggest single-day gain in 19 months, Nifty ends above...

The BSE Sensex ended notably higher by 732.43 points, or 2.15 per cent, at 34,733.58.

12 Oct 2018 4:10 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal signs pact to sell 4 European steel plants to Liberty...

The acquisition more than doubles Liberty's global metal manufacturing capacity.

12 Oct 2018 3:41 PM IST