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Rupee up 19 paise against dollar in early trade
Mumbai, Oct 17 (PTI) The rupee recovered from over seven-month low by appreciating 19 paise to 61.64 against the US dollar in early trade today at the Interbank Foreign Exchange on selling of the American currency by exporters and banks.…
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Finance secretary Mayaram shifted to Tourism ministry
New Delhi, Oct 16 (PTI) In a surprise development,In orders issued yesterday, Mayaram, a 1978-batch IAS officer belonging to Rajasthan cadre, was made the Tourism Secretary in place of Parvez Dewan on his retirement at month end.…
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Sensex falls over 100 pts on capital outflows
Mumbai, Oct 16 (PTI) Extending losses for the second straight session, the benchmark BSE Sensex fell lover 100 points in early trade today on sustained capital outflows amidst a weak global trend.
Besides, a widening trade deficit to…
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Rupee down 15 paise against dollar in early trade
Mumbai, Oct 16 (PTI) The rupee lost 15 paise to 61.56 against the US dollar in early trade today at the Interbank Foreign Exchange due to increased demand for the US currency from importers amidst capital outflows.
Forex dealers…
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Oil prices tumble in Asia
Singapore, Oct 16 (AFP) Oil prices resumed their downward spiral in Asian trade today following another massive sell-off in equities as traders grow increasingly concerned about the global economic outlook, analysts said.
US benchmark…
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Gold prices gain Rs 70 to hit one-month high on festive demand
New Delhi, Oct 15 (PTI) Gold prices regained strength by rising Rs 70 to trade at over one-month high of Rs 27,650 per ten grams in the national capital today amid festive season demand from jewellers and retailers.
Silver, however, fell…
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IndiGo to acquire 250 Airbus A-320 neos
New Delhi, Oct 15 (PTI) In the largest global aircraft order, no-frill carrier IndiGo today signed a MoU to acquire 250 of the latest Airbus A-320 neo aircraft worth over USD 25.5 billion or Rs 1.55 lakh crore, as per the list price per…
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Coalscam: Court directs CBI to further probe the matter
New Delhi, Oct 15 (PTI) A special court today ordered further investigation in a coal blocks allocation scam case, involving Vikash Metals and Power Ltd and its officials, in which the CBI had filed a closure report.
The court also…
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Inflation drops to 5-year low of 2.38 pc in September
New Delhi, Oct 14 (PTI) Continuing decline in food prices, including vegetables, pulled down the September wholesale price inflation to a five year low of 2.38 per cent.
The Wholesale Price Index (WPI) based inflation was at 3.74 per…
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Oil prices hit new multi-year lows in Asia
Singapore, Oct 14 (AFP) Oil prices fell to fresh multi-year lows in Asian trade today, with analysts blaming concerns about a supply glut and the effects of weaker demand from Europe and China.
US benchmark West Texas Intermediate (WTI)…
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