Mumbai,oct 05: On a day the rupee breached the 74- mark against the US dollar for the first time, RBI Governor Urjit Patel said on Friday that the domestic currency is still better than its emerging market peers.
He maintained that...
New Delhi,oct 05:
The government directive to state-owned fuel retailers to subsidise petrol and diesel will have a negative impact on their profitability and credit metrics, Fitch Ratings said on Friday.While cutting excise duty by Rs 1.50 per litre, the...
Mumbai,oct 05:
The Indian rupee on Friday crashed below the 74-level against the US dollar for the first time ever after the Reserve Bank kept its key policy rate unchanged.The domestic currency was quoted 55 paise lower at 74.13 against...
Mumbai,oct 05:
With all eyes on the Reserve Bank of India's (RBI) bi-monthly monetary policy, market indices continued to plunge on Friday afternoon.The BSE's Sensex tanked 391.90 points to 34,777.26, while the Nifty failed to maintain the 10,500 mark, trading...
Mumbai, oct 05:
The Reserve Bank on Friday unexpectedly maintained status quo on the benchmark interest rate but warned that volatile and rising oil prices, and tightening of global financial conditions pose substantial risks to the growth and inflation.The Reserve...
New Delhi,oct 04:
Reliance Industries' Chairman Mukesh Ambani has emerged as the richest Indian for the 11th consecutive year with a net worth of USD 47.3 billion, according to Forbes magazine.Ambani is also the year's biggest gainer, adding USD 9.3...
Ahmedabad, oct 04:
The Gujarat government on Thursday announced reduction of petrol and diesel prices by Rs 2.50 per litre. The announcement was made by Chief Minister Vijay Rupani soon after a similar decision taken by the central government to...
New Delhi , Oct 4 (ANI): Sensex on Thursday plummeted further by 866.31 points after it had opened at a low of 614.47 points, while Nifty was trading 279.10 points after it breached the 10,600 mark.However, Sunil Shah, a...
Mumbai,oct 04:
ICICI Bank Chief Executive Officer Chanda Kochharon Thursday resigned from her post. She was replaced by Sandeep Bakshi.
In a statement, the bank said that the Board of Directors of ICICI Bank Limited, that held its meeting on Thursday,...
NEW DELHI ,OCT 04:
Datsun revealed the GO and GO+ facelift a few days back and confirmed that the updated GO twins will go on sale in India on 10 October, 2018. Now, the Japanese carmaker has revealed some new...