The rupee opened weak at 71.75 at the interbank forex market and then fell further to 71.80, down 26 paise over its last close.
After dropping over 100 points in opening session, the 30-share barometer was trading 64.26 points, or 0.16 per cent, lower at 41,258.74.
Ballooning up of non-performing assets (NPAs), imbroglio in the telecom sector, revision of GDP and fiscal deficits periodically by agencies, have only confounded the woes of lenders. The public...
The Competition Commission of India (CCI) in 2015 ordered a probe into allegations of anti-competitive practices after similar fares were being offered on certain routes by IndiGo, SpiceJet, GoAir,...
Vodafone Idea (VIL) saw a sharp surge in its stock price on the BSE over reports that the government is unlikely to invoke its bank guarantees for now.
Private sector Kotak Mahindra Bank on Wednesday said the Reserve Bank has granted its final approval for reducing promoters’ stake in the bank to 26 per cent.
Sources also said that government may also consider going in for investment by the Life Insurance Corporation (LIC) in the merged entity to maintain the PSU character of PFC.
Pathways can emerge only through solid dialogue and discussions on the challenges of taking the country forward, he added.
The Sensex closed at 41,323, higher by 428.62 points, while the broader Nifty settled at 12,125.90, up by 133.40 points. The overall market also participated with Nifty Midcap 100 and Nifty Smallcap...
Originally, Delhi and its adjoining towns were to have BS-VI fuel supplies by April 2019 and the rest of the country was to get same supplies from April 2020.