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At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

7th Central Pay Commission: Centre approves 3% DA increase for Central...

Dearness Allowance and Dearness Relief will go up from 28 per cent to 31 per cent and the increase will be effective...

21 Oct 2021 5:10 PM IST

Under an air bubble pact between two countries, special international flights can be operated by their airlines between their territories. (AFP Photo)

Air fares move up for leisure destinations

Recently, the government had removed the restrictions on airline capacities

19 Oct 2021 7:22 AM IST

M.R. Kumar, chairman, LIC of India and chairman, National Insurance Academy (NIA) governing board. (Photo: PTI)

LIC chief calls for joint efforts to address protection gaps

For an emerging economy, protection gaps may pose multiple problems, according to LIC

18 Oct 2021 8:22 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI hints at moves to ease capital controls

RBI's Sankar said from a macroprudential perspective, it needs to be considered whether FAR should be linked to index...

15 Oct 2021 7:52 AM IST

Pandey said that the government is expecting disinvestment of BPCL in the last quarter as well. (Photo- BPCL)

After Air India, govt to disinvest BPCL, float LIC IPO by last quarter...

Bharat Petroleum Corporation Ltd (BPCL) is another company that is on the divestment list of the government

14 Oct 2021 4:25 PM IST

Cooking oils contain saturated, monounsaturated and polyunsaturated fats.

Edible oil duties slashed to curb prices

The government has reduced the basic customs duty and agricultural cess on certain edible oils till March 31, 2022 to...

14 Oct 2021 1:27 AM IST

Union Finance Minister Nirmala Sitharaman during the investors roundtable meeting hosted by FICCI and US-India Strategic Partnership Forum (USISPF), in Boston. (Photo: PTI)

India looks at close to double digit growth this year: Sitharaman

'As regards the growth of India, we are looking at near close to double-digit growth this year and this would be the...

13 Oct 2021 12:29 PM IST

Inflation in vegetables fell sharply to 11.90 per cent in March. (AP Photo)

Inflation at 5-month low

Meanwhile, the IIP for the month of August went up to 11.9 per cent

13 Oct 2021 7:22 AM IST

As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)

Nifty Retreats after hitting 18K

The index finally closed at 17,945.95 up 50.75 points or 0.28 per cent

12 Oct 2021 7:19 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Re, bonds come under pressure

The rupee finally settled at 75.36 a dollar, a level not seen since July 14, 2020

12 Oct 2021 7:15 AM IST

Diesel price cut for first time in close to 6 months. (PTI Photo)

Diesel crosses Rs 100/litre mark in Mumbai, petrol touches Rs 110

Petrol price was hiked by 30 paise per litre and diesel by 35 paise a litre

11 Oct 2021 3:01 PM IST

Tax authorities raids Chinese entities for money laundering. (PTI Photo)

Insurers pruning branch networks

The government's focus has now shifted more towards consolidation and profitability than expansion, and hence, the...

11 Oct 2021 2:42 AM IST