Business

Mumbai:  Raghuram Rajan says he is neither Superman nor James Bond, but he appears to have emerged as a 'lone ranger' -- fighting persistent rate cut demands, "schizophrenic" attempts to weaken RBI and even rumours about he being 'kicked…
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Mumbai, Oct 19 (PTI) The rupee gained another 11 paise to trade at 63.00 against the dollar in early morning session at the Interbank Foreign Exchange market on increased selling of the US currency by exporters. Forex dealers said besides…
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Mumbai, Dec 18 (PTI) After three sessions of weakness, the rupee strengthened by 40 paise to 63.21 against the dollar in early trade today at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks…
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Beijing: Asia is set to surpass North America to become the world's largest e-commerce market this year, according to the Economist Intelligence Unit (EIU). According to a report in Beijing by the EIU yesterday, an advisory company under…
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Mumbai, Dec 17 (PTI) Extending its losses for the third straight day, the rupee fell by 34 paise to trade at fresh 13-month low of 63.87 against the dollar in early trade today as the US currency strengthened overseas amid increased capital…
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From Lalit K Jha Washington, Dec 16 (PTI) As India continues its pursuit of suspected black money stashed abroad, an international think-tank has ranked the country third globally with an estimated USD 94.76 billion (nearly Rs 6 lakh…
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New Delhi: Anil Ambani-led Reliance Group has sold its Big Cinemas unit to South India-based Carnival Group in a deal that would lower the debt of its financial services arm Reliance Capital by about Rs 700 crore. The biggest ever deal in…
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Mumbai, Dec 15 (PTI) The benchmark Sensex tumbled over 245 points and the Nifty went below the 8,200 mark in early trade today on continued selling by funds and retail investors after October industrial production contracted sharply, amid a…
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Gold prices gained marginally at the domestic bullion market today owing to better retail and investment offtake despite lacklustre overseas sentiment. Elsewhere, silver surged ahead to close at its highest level in two-and-a-half months…
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New Delhi: Silver prices plunged by Rs 325 to Rs 36,955 per kg in futures trade today as speculators engaged in reducing positions largely in tune with a weakening trend overseas. At the Multi Commodity Exchange, silver for delivery in…
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