Business
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Rupee falls 10 paise to close at 90.05 against US dollar
Mumbai: The rupee depreciated 10 paise to close at 90.05 against the US dollar on Monday, as elevated crude oil prices and persistent foreign fund outflows dented investor sentiments. Forex traders said…
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India, EU hold talk on proposed trade pact
New Delhi: Commerce and Industry Minister Piyush Goyal and EU Trade Commissioner Maros Sefcovic on Monday held discussions on the issues related to the proposed trade pact, an official said. Maros is…
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IndiGo CEO, COO file replies to DGCA show cause notices
Mumbai: IndiGo CEO Pieter Elbers and COO Isidre Porqueras have filed replies to the show cause notices issued by the aviation safety regulator DGCA over the airline’s massive flight disruptions, an airline…
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ICICI Bank to maintain over 51 pc stake in all three of its listed entities: ED
Mumbai: The country’s second largest private sector lender ICICI Bank is aiming to maintain over 51 per cent stake in all three of its listed entities, a senior official said on Monday.…
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Rupee falls 16 paise to 90.11 against US dollar in early trade
Mumbai: The rupee depreciated 16 paise to 90.11 against the US dollar in early trade on Monday, weighed down by elevated crude oil prices and persistent foreign fund outflows. Forex traders said…
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IndiGo shares sink over 6.5 pc amid ongoing flight disruptions
Mumbai: Shares of InterGlobe Aviation, the parent company of IndiGo Airlines, fell sharply in early trade on Monday, dropping 6.6 per cent to an intra-day low of Rs 5,015 on the BSE.…
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FPIs withdraw Rs 11,820 cr in first week of December
New Delhi: Foreign investors have pulled out Rs 11,820 crore (USD 1.3 billion) from Indian equities in the first week of this month, primarily driven by the sharp depreciation of the rupee.…
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India model of high growth, low inflation: PM Modi
New Delhi: Asserting that India is a model of high growth and low inflation, Prime Minister Narendra Modi on Saturday said the country’s 8.2 per cent growth in the second quarter of…
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Fake guarantee scam: ED files chargesheet against Reliance power
New Delhi: The Enforcement Directorate on Saturday said it has filed a chargesheet against businessman Anil Ambani’s group company Reliance Power Ltd. and 10 others in a money laundering case linked to…
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Indian stock market ends in bullish tone after RBI rate cut
Mumbai: Indian equity benchmarks made marginal losses after hitting record highs and three weeks of consecutive gains due to profit booking. However, the market ended the week in a bullish tone after…
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Samsung tops global foldable phone shipments in Q3: Report
Seoul: Samsung Electronics solidified its top position in the global foldable smartphone market in the third quarter this year, industry data showed on Saturday. Samsung accounted for 64 per cent of all…
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Rupee recovers from record low level, rises 26 paise to close at 89.89/USD
Mumbai: The rupee rebounded from its all-time low levels and appreciated by 26 paise to close at 89.89 against the greenback on Thursday, on softness in the US dollar index and on…
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Crude oil futures gain on spot demand
New Delhi: Crude oil prices on Thursday rose Rs 6 to Rs 5,362 per barrel in futures trade as participants increased their positions following a firm spot demand. On the Multi Commodity…
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Stock markets bounce back after falling in early deals
Mumbai: Equity benchmark indices Sensex and Nifty slipped in early trade on Thursday, but later bounced back to trade in positive territory, amid value buying at lower levels. The 30-share BSE Sensex…
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Rupee slumps 28 paise to 90.43 against US dollar in early trade
Mumbai: The rupee slumped 28 paise to an all-time low of 90.43 against the US dollar in early trade on Thursday, amid substantial foreign institutional investor outflows and restrained intervention from the…
