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(Representational image)

Rupee closes at 71 on dollar demand, crude oil concerns

After opening the day at 70.95 a dollar, the rupee hit the psychological 71 level mark against the dollar in the...

1 Sept 2018 12:12 AM IST

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)

Govt likely to borrow Rs 50,000 crore less in H2

Government planned to reduce borrowings for October-MaÂ¬rÂ¬ch by trimming bond buyback programme.

7 Sept 2018 9:12 AM IST

State-owned power equipment maker BHEL said today that it has bagged an order for Rs 4,400 crore to set up a 660 MW supercritical thermal power plant in Uttar Pradesh.

Banks draw list of 11 power projects for NPA resolution

Total exposure in these firms that will soon go to NCLT is Rs 60,000 crore.

7 Sept 2018 8:57 AM IST

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)

RBI sells USD 1.5-2 billion to guard rupee from crossing 72-mark

Jaitley blames global factors, says rupee better off compared to other currencies.

6 Sept 2018 8:37 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI steps in to stop rupee hit 72 per US dollar

Weakness in emerging market currencies is being caused by fear of fresh tariffs from US, says expert.

6 Sept 2018 6:57 AM IST

Union finance ministry Arun Jaitley

Finance Minister Arun Jaitley blames global factors for fall in rupee

Jaitley added that the rupee is better off now than what it was four to five years ago.

5 Sept 2018 9:17 PM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India's Aug services sector activity falls from 21-month peak: PMI

Input cost inflation in the service sector accelerated to the sharpest since November 2017, fuelled by higher...

5 Sept 2018 11:21 AM IST

RBI governor Urjit Patel

RBI governor to give pep talk to anti-corruption officers

The Reserve Bank of India governor will deliver the lecture on September 20 at the CVC office.

13 Sept 2018 1:22 PM IST

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 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)

FinMin in touch with RBI for market intervention to contain rupee...

Decline of rupee is not secular as the Indian currency has strengthened against British Pound, Euro, Chinese Yuan and...

11 Sept 2018 9:10 AM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

RBI clamps down on Bandhan Bank over owner's stake

Bandhan Bank is taking necessary steps to comply with licensing condition to bring down its main shareholder's stake to...

29 Sept 2018 11:00 AM IST

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

RBI eases some cash requirement rules for banks

The move will ease tight cash conditions to some extent as it will reduce pressure on banks.

27 Sept 2018 10:00 AM IST