Value buying, along with broadly positive global bourses and a recovery in Indian rupee, aided the key Indian equity indices to make substantial gains on Friday. Both the BSE... Read more »
Noting that the earlier fall of the rupee to a record low in 2013 had prompted extraordinary measures from the RBI, Interim Finance Minister Piyush Goyal on Friday sought... Read more »
India’s budgetary fiscal deficit for April-May 2018-19 stood at 55.3 per cent — Rs 3.45 lakh crore — of the full year’s target of Rs 6.24 lakh crore, official... Read more »
Subdued global markets and a weak Indian rupee pulled the domestic equity indices lower on Thursday, with the BSE Sensex closing 179 points lower. Globally, investor sentiments were weighed down... Read more »
Gitanjali Group chief Mehul Choksi exported abysmally low quality goods at inflated prices to dummy companies abroad and the group’s books were manipulated by using third-party remittance system, the... Read more »
Adani Ports on Thursday acquired 97 per cent stake in Marine Infrastructure Developer Pvt Ltd (MIDPL), the developer and operator of Kattupalli Port near Chennai. Adani Ports, India’s largest... Read more »
Negative global cues, including rising crude oil prices and the escalating trade war concerns along with a weak Indian rupee, pulled the domestic equity indices deep into the red... Read more »
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved capital infusion of Rs 2,000 crore in public sector company Export Credit Guarantee Corporation (ECGC), an official statement said.... Read more »
Weakening for the third consecutive day, the Indian rupee touched a 19-month low of 68.70 per dollar on Wednesday due to rising crude oil prices and the ongoing trade... Read more »
Fugitive tycoon Vijaya Mallya has sought the Karnataka High Court’s permission to let him and his holding firm UBHL sell their assets under judicial supervision and repay creditors, including... Read more »