Rupee climbs to 1-week high of 65.08 on dovish Fed minutes

by www.moneycontrol.com
Consistent selling of dollars by some foreign banks and unwinding of short-term forward contracts by exporters mainly boosted the rupee trade.
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India this year set the GST sales tax on jewellery at 3 percent - a level industry players said was low enough to avoid curbing sales while at the same time steering customers to larger players abid
At a time when the information technology sector is evolving at a rapid pace, the Indian IT flexi staffing industry is expected to register 14 to 16 percent growth per annum in the next few years, s
The new commercial, titled â??Growing Upâ??, shows various flaws of Apple phones in comparison to Samsungâ??s Galaxy series
Royal Enfield will launch their new twin cylinder 650cc motorbike in Milan today. This model will be available to consumers from early April 2018 onwards and will be a gradual rollout throughout the
Alembic Pharmaceuticals on Tuesday reported a 1.44 percent increase in consolidated net profit at Rs 121.56 crore for the second quarter ended September 30, mainly on account of decline in total inc
Under the Goods and Services Tax (GST) regime implemented from July, over 1,200 products and services have been fitted into one of the 5, 12, 18 and 28 percent tax slabs
There have been reports that a few lenders and some bidders have objected to promoters bidding for their own stressed accounts.
Jaguar retail sales were down 14.3 percent at 12,336 vehicles in October compared to October 2016, primarily reflecting lower sales of the Jaguar XE.
The number of airports in the country will be double that of the present number once these airports are constructed. This will cost an estimated Rs 4 lakh crore
The much-awaited OnePlus 5T is set for a simultaneous launch in India alongside the global launch
The Finance Minister said that demonetisation has created a "cleaner, transparent and honest financial system".
Ride hailing app Ola today announced a global partnership with tech giant Microsoft for building a new-age #39;connected vehicle platform#39; for car manufacturers worldwide.
Debt-laden Reliance Communications today said it is renegotiating the tower business deal with all interested parties, including Brookfield Infrastructure Group.
The choice of cities is determined by the number of folios
In an interview to CNBC-TV18#39;s Ekta Batra and Vikas Dandekar, the Chairman of Torrent Pharma, Samir Mehta spoke about the rationale behind the deal and where it would take the company in the Indi
There are risks associated with startups and hence it is not advisable to use your retirement corpus to fund them
The state-owned power equipment major, Bharat Heavy Electricals Limited (BHEL) is aiming at doubling the non-power revenue by 2022 and the projects will be executed on a turnkey basis.
The state-owned power equipment major, Bharat Heavy Electricals Limited (BHEL) is aiming at doubling the non-power revenue by 2022 and the projects will be executed on a turnkey basis.
A year after demonetisation, Maharashtra#39;s first #39;cashless village#39; has more or less switched back to using cash.
The close-ended debt scheme was launched on Nov 18, 2014, and was scheduled to mature on Nov 21
FundsIndia is the first online mutual fund distribution platform to enable its clients with this feature
Coal India is fully geared up to achieve the FY18 production target of 600 million tonnes, according to Coal India CMD Gopal Singh.
In a major crackdown on road developers, the National Highways Authority of India (NHAI) terminated 20 road development contracts last week citing default. While the companies are now seeking withdr
The company is also mulling creating a deputy CEO post to ensure smooth working of the management.
THE North Negros BioPower Inc. will unveil its 25-megawatt (MW) biomass power plant in Manapla town tomorrow, November 8, a project seen to create more than 3,000 jobs for Negrenses. The company, in a
Selecting an equity fund purely on the basis of its â??star ratingâ?? provided by portals or issuers is not a fool-proof fund selection method
In her autobiography, former Samta leader Jaya Jaitly also recalls that when George Fernandes insisted on resigning, then Union Ministers LK Advani and Jaswant Singh advised against it.
With this, the users will be able to create their own Paytm BHIM UPI ID on the app, which will be issued by Paytm Payments Bank.
Analysts feel shutting down the business using the bankruptcy route would invoke the bank guarantees of Aircel#39;s Malaysian parent company Maxis.
Government sources say that report of raising Minimum Public Shareholding (MPS) is pure speculation. In an interview to CNBC-TV18, Prithvi Haldea, MD, Prime Database and Ajay Srivastava, CEO of Dime
On October 30, the company had announced that its lenders would convert part of its debt into equity to the tune of 51 percent stake in RCom.
Stating that 99 percent of the banned notes of Rs 500 and Rs 1,000 denominations were back in the banks, Pradhan said it made sources of all unaccounted and illicit money clear.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

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