Business

Forex dealers said besides fresh selling of the American currency by exporters as well as banks, a higher opening in the domestic equity market supported the rupee.

According to SAIL spokesperson, SIAL were at loss in 2017-18 and not in a position to pay dividend for the fiscal.

RBI in May had directed the Mumbai-based payments bank to halt account opening functions till it modifies its processes to adhere to the regulator's rules on deposit limit, which mandates payments banks to restrict deposits to Rs 1 lakh.

The officials explained to S&P that debt-to-GDP ratio is a long term consideration and should not be immediate concern for rating upgrade, an official said.

RInfra's integrated power business includes the generation units based at Dahanu, transmission network across Mumbai and Maharashtra.

Of the Rs 15.41 lakh crore worth of Rs 500 and Rs 1,000 notes in circulation before November 8, 2016, notes worth Rs 15.31 lakh crore have been returned.

The Andhra Pradesh Capital Region Development Authority is expected to raise Rs 2000 crore by issuing 'Amaravati Bonds' by the end of October for the construction of the state capital, Amaravati

In a letter to the CEO, the association has also complained that the management was wasting financial resources on "inefficient" operations and hiring of foreign pilots.

Replying to a question, the former Niti Aayog vice chairman said that he expects India's growth rate to cross the 8 per cent mark by the third or fourth quarter of fiscal 2018-19

In a stock exchange filing, Larsen & Toubro (L&T) said its board has approved the proposal to buy back six crore shares at a maximum price of Rs 1,500 apiece.

India has been slapped with an anti-dumping duty of 50.55 per cent. US imports of the pipe from India last year totalled USD 294.7 million.

Walmart now holds approximately 77 per cent of Flipkart.

OVL, the foreign acquisition unit of Oil and Natural Gas Corp's (ONGC), filed an arbitration claim earlier this year against the government of Sudan in a London court seeking to recover dues pending for years from a project hit by the breakaway of South S...

The decline was primarily due to the shocks from note-ban and GST implementation, said a report by India Ratings.

The United States will seek to block Iran's international oil sales from November 5, when the second phase of sanctions are reimposed as part of Washington's withdrawal from the 2015 nuclear deal.

Based on Consumer Price Index (CPI), inflation for June has also been revised downwards to 4.92 per cent from the earlier estimate of 5 per cent.