Home » Business

Business - Page 983

Subhash Chandra Garg

No rationale for such dip in rupee, says Subhash Chandra Garg

The rupee on Wednesday rebounded from the historic low of 72.92 to end higher by 51 paise at 72.19 against the dollar.

13 Sept 2018 2:38 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

RBI looking at all options to stop rupee fall, say analysts

According to Singapore-based DBS Bank, tapping foreign exchange reserves will be the first line of defence, which is...

13 Sept 2018 2:21 AM IST

Industrial production grew at 6.6 per cent in July on the back of good performance by the manufacturing sector and higher offtake of capital goods and consumer durables.

Inflation cools to 10-month low in August; IIP at 6.6 per cent

The Consumer Price Index (CPI) based inflation was at 4.17 per cent in July 2018 and 3.28 per cent in August 2017.

13 Sept 2018 2:14 AM IST

Industrial production grew at 3.2 per cent in May compared to 2.9 per cent in the same month last year even as the performance of manufacturing and power sectors remained sluggish.

IIP grows at 6.6 pc in July as manufacturing, capital goods shine

The IIP growth for June was also revised downwards to 6.8 per cent from the provisional estimate of 7 per cent.

12 Sept 2018 7:56 PM IST

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)

US dollar ends sharply lower at 72.19 against Rupee

The US dollar ended sharply lower against the rupee at 72.18/19 per dollar.

12 Sept 2018 7:28 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Govt should have set up fuel price stabilisation fund: WB Finance...

There is deep concern in many quarters on what the Indian economy is doing at "certain dangerous levels".

12 Sept 2018 6:18 PM IST

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

Retail inflation cools to 11-month low of 3.69 per cent in August

The inflation based on Consumer Price Index (CPI) stood at 4.17 per cent in July and 3.28 per cent in August 2017.

12 Sept 2018 6:02 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Govt raises ethanol price for blending in petrol by 25 per cent

Diverting sugarcane juice for directly making ethanol, which can be doped in petrol, is common across the major sugar...

12 Sept 2018 5:49 PM IST

To bolster its evidence-gathering mechanism, watchdog Sebi is considering seeking powers from the government to intercept calls and electronic communications of those suspected of serious economic offences like insider trading.

Sebi to seek power to intercept calls, messages of serious economic...

The capital markets regulator has prepared a proposal for its board to seek these powers.

12 Sept 2018 5:42 PM IST

Senior BJP leader Arun Jaitley outside the finance ministry at North Block in New Delhi on Thursday. (Photo: PTI)

Govt sets up office of GST Commissioner to deal with tax evasion

Initially, the government was going slow on enforcement action to give time to the industry to adjust to the new tax...

12 Sept 2018 4:35 PM IST

Sources in the railway ministry said soon after the collapse of the Gokhale Bridge in Mumbai in July, an inspection of a section of the Majerhat Bridge above the Sealdah-Budge Budge line was conducted which revealed these deficiencies.

West Bengal govt seeks GRSE's aid to rebuild collapsed Majerhat bridge

It has also been approached to build a bridge replacing a collapsed one at Siliguri.

12 Sept 2018 4:26 PM IST

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

Sensex zooms 305 points on value-buying; Rupee rebounds

The broader Nifty too regained the key 11,300-mark.

12 Sept 2018 4:19 PM IST