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Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)

Rupee strengthens 38 paise against US dollar

Rupee is trading at 73.74 against dollar in the forex market after global crude prices eased.

12 Oct 2018 9:39 AM IST

PepsiCo Chairman Indra Nooyi has joined US President-elect Donald Trumps advisory council. (Photo: AP)

Will cause third World War if I join politics: Indra Nooyi

Nooyi, who has long advocated the need for finding solutions to help women strike a work-life balance.

12 Oct 2018 9:35 AM IST

Alibaba founder, Jack Ma

Alibaba founder Jack Ma reclaims top spot among Chinese billionaires

Jack Ma and his family having a total wealth of about USD 39 bn, according to latest version of the Hurun China Rich...

12 Oct 2018 9:23 AM IST

EPFO is a retirement fund body that has a savings corpus of Rs 6.5 lakh crore. (Photo: Representational/PTI)

Finance panel not to penalise states over funds' devolution

The commission members also interacted with leaders of various political parties to elicit their views on devolution of...

12 Oct 2018 9:13 AM IST

The dual-SIM smartphone runs on Android 8.1 Oreo with stock Android UI.

Festival season: 50 lakh mobile phones sold online in two days

Mobile phones as a category dominated Day 1 of festival sales and cash-back offers grew over 2,000 per cent.

12 Oct 2018 9:05 AM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEO

Govt hikes import duty on select 17 items to curb CAD

Falling rupee, market bloodbath force govt to take more measures.

12 Oct 2018 8:58 AM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Govt may not burden OMCs further with fuel subsidy

The market capitalisation of six large oil companies has falled by Rs 1.2 lakh crore.

12 Oct 2018 8:57 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil cos to absorb subsidy one-time'

He said that the government expects the global crude oil prices to remain range bound and below $85 per barrel.

12 Oct 2018 12:42 AM IST

With discounts going up as high as 50%, mobile phones accounted for over 40% of all transactions on day 1.

46Lakh phones sold online in 2 days of festive sales

Meanwhile, Flipkart said on Thursday that it sold 30 lakh mobile phones in a day the highest phones sold in a day...

12 Oct 2018 12:31 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 plunges 760 pts on heavy global sell-off

Nifty makes its decade-worst start to October quarter.

12 Oct 2018 12:25 AM IST

The recommendations of a high-powered committee on stranded power projects set up by the Gujarat government can bring a combined relief of Rs 1.29 lakh crore for Tata, Adani and Essars power plants in the state over the next 30 years, according to a source.

Gujarat: Panel may bring Rs 1.29 lakh cr relief to stranded power...

If the recommendations are implemented, the consumers will have to face the brunt of high power tariffs.

11 Oct 2018 7:52 PM IST

Ikea, famous for its self-assembly products, faces a tough challenge in India where people are not used to having to put together assemble furniture themselves, analysts say. (Photo: AFP)

Ikea to launch e-commerce operations in India by March 2019

Betzel said Ikea was looking at total integration of both platforms.

11 Oct 2018 7:20 PM IST