Business

Mumbai: The rupee pared its initial losses to trade at 63.50 a dollar, still down by 2 paise, in late morning deals on sustained bouts of dollar demand from importers and banks. The rupee opened lower at 63.55 per dollar, retreating from…
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Mumbai: The benchmark Sensex staged a strong come back in early trade today gaining over 158 points on widespread buying by participants in banking, auto, pharma and oil and gas stocks. Asian stocks notched moderate gains, tracking sizable…
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Agency New Delhi: The government on Tuesday ruled out having a single rate for all commodities under the Goods and Services Tax (GST) saying items like food products have been placed at minimum taxation levels while luxury goods were in the…
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New Delhi: Opposition in the Rajya Sabha today asked the government to identify willful defaulters of bank loans, as Congress leader P Chidambaram said the ordinance to amend the insolvency and bankruptcy code would benefit foreign…
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Agency New Delhi: To protect online consumers, the Centre has made it mandatory from Tuesday for e-commerce firms to print not only the maximum retail price (MRP) on goods but also information like expiry date and customer care details. The…
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Mumbai: The State Bank of India today reduced the base rate and benchmark prime lending rates (BPLR) by 30 basis points each, which will benefit nearly 80 lakh customers on the old pricing regime. The nation's largest lender revised down…
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New Delhi: Gold prices today ruled flat at Rs 30,400 per ten gram on the first trading day of the year 2018 on scattered deals. However, silver rose by Rs 120 to Rs 40,100 per kg on increased offtake by industrial units and coin makers.…
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Mumbai: The rupee edged higher by five paise to trade at 63.82 against the US dollar on the first trading day of 2018 on the back of increased selling of the American currency by banks and exporters. At the Interbank Foreign Exchange, the…
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Mumbai: Stock markets opened on a subdued note on the first trading day of 2018, with the benchmark BSE Sensex declining over 18 points in early trade on profit- booking after recent gains. The 30-share index, which had gained 208.80…
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Mumbai: RBI today kept the key interest rate unchanged, on the expected lines, but raised the inflation forecast for remainder of the current financial year to 4.3- 4.7 per cent. The 6-member Monetary Policy Committee (MPC), headed by…
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