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Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.Business
Rupee slips 26 paise to 69.32 vs USD in early trade

Forex traders said market sentiment took a hit after the US announced additional 10 per cent tariff on USD 300 billion...

2 Aug 2019 10:43 AM IST

Stunning growth: The FMCG sector in India is expected to more than double to $104 billion by 2020 from the current $49 billion. The sector is expected to grow at a compounded annual growth rate (CAGR) of 20.6 per cent. There is almost nothing else in the world growing this quick.Business
Aquawhite bets on kids segment

Going forward, in the next five years, this ratio will be changed to 50:50, said Nikhil Nanda, director, JHS.

2 Aug 2019 2:42 AM IST

India has signed contracts to export 200,000 bales of cotton to China in the past one week.Business
Cotton yarn exports decline 35 per cent in June quarter

According to the yarn producers, lower demand from both export markets and the domestic market has hit the industry.

2 Aug 2019 2:33 AM IST

Details about the hub were limited, and the BIS said it was not able to provide details on investment or staffing levels. (Photo: Pixabay)Business
M&A deals shrink; PE deals grow

Domestic M&A deals more than halved to $11 billion against $23 billion in the year-ago period.

2 Aug 2019 2:28 AM IST

In Q2 2018, total deal value stood at $403 mn and in Q2 2017 at $1,683 mn.Business
Investor interest in fintech space falls

In June quarter, fintech space witnessed deals valued $63.3 million, the lowest quarterly deal value since Q 3 2014.

2 Aug 2019 2:22 AM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.Business
No takers for officially imported gold

After duty was raised from 10 per cent to 12.5 per cent, demand for officially imported gold vanished.

2 Aug 2019 1:53 AM IST

Reserve Bank of India (RBI)Business
FinMin invites application for post of RBI deputy governor

The appointment will be for a period of three years and the person will be eligible for re-appointment.

1 Aug 2019 4:01 PM IST

Effective September 1, motor vehicle owners would be able to buy a standalone annual \own damage\ cover. This will be applicable for cars and two-wheelers, both old and new, insurance regulator IRDAI said.Business
Things to be noted before you buy used car online

Even though you are buying car online, always meet prospective buyer or seller in public places

1 Aug 2019 1:24 PM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.Business
6 factors that will influence your home loan interest rates

Even a slight difference in their interest rates can lead to a significant difference in the overall interest cost of...

1 Aug 2019 12:32 PM IST

The transport industry involved in LPG products has been badly affected by demonetisation.Business
Non-subsidised cooking gas price cut by Rs 62.50 per cylinder

Quota of 12 cylinders of 14.2-kg each at subsidised rates, will now cost Rs 574.50.

1 Aug 2019 11:03 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.Business
Tax force on direct taxes gets more time to submit report

The government has allowed the task force to submit its report by 16th of August 2019.

1 Aug 2019 10:56 AM IST

In a bid to prevent vehicle thefts or misuse of stolen vehicles, the Central government has directed auto makers to affix laser-oriented microdots in their vehicles and parts, which can be read only by microscopes under ultraviolet light sources.Business
Microdots in vehicles to make theft difficult

The ministry had asked the experts to involve Delhi Police officials while framing the standards.

1 Aug 2019 1:22 AM IST

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