Business

Trading at 65.72 per dollar, the rupee has not seen this seen since August 27. Buoyant domestic stock market and dollar's weakness against other currencies overseas also weighed on sentiment.

The Finance Minister, however, did not give details or say whether the cases in question included disputes with foreign companies that have spooked investors.

The budget carrier saw its net profit jump over four-fold to Rs 1,304 crore in the last fiscal as it remained profitable for seven straight years.

The exchange has informed its trading members that the multi-legged order entry facility in the currency derivatives segment will come into effect from Monday, September 14. A multi-legged order can contain a minimum of two order legs and a maximum of fou...

India aims to utilise bank accounts created under Pradhan Mantri Jan-Dhan Yojana to extend insurance, pension and credit facilities to those excluded from these benefits, Finance Minister Arun Jaitley has said.

Wall Street racked up its biggest one-day gain in four years on Wednesday as fears about China's economy gave way to bargain hunters emboldened by expectations the US Federal Reserve might not raise interest rates next month.

Global factors like fallout of China's move to devalue its currency and clarity on the US Fed action may impact RBI's policy action in September, a DBS report says.

The central government has written to chief ministers of all states to allow mobile towers on government buildings within their jurisdiction to check the problem of 'call drop' plaguing mobile communication networks, Union Communications and IT Minister R...

Strong Indian imports of petrol, boosted by a shift towards petrol car sales, are expected to underpin Asian margins for the fuel at least for the rest of the fiscal year to next March, industry sources say.

Jaitley said growing at 8-10 per cent for a significant number of years will help India find an answer to poverty.

The Wall Street Journal noted that Pichai's appointment is a reminder that the CEOs of some of the world's most recognisable tech companies share origins from India.

Notwithstanding strong rally in domestic equity markets, month-end demand for the dollar from importers predominantly weighed on the rupee, forex dealers said.

Extending losses for the fourth trading session, the rupee on Monday fell by another 12 paise.

Gold prices were down by Rs 193 to Rs 24,758 per 10 grams on Friday in futures trade after the precious metal tumbled to over five-year lows in global market.

The rupee on Friday fell by another 27 paise to end at more than 5-week low of 64.04 per dollar on persistent demand for the US currency.

The rupee fell marginally by 4 paise to 63.59 against the US currency in early trade at the Interbank Foreign Exchange market on Wednseday due to fresh demand for the dollar from importers.