Business News

Mumbai, Jul 15 (PTI) The Indian rupee today fell sharply by another 20 paise to 43.12/13 against the US currency early this morning following distinctly weak trend in equity markets and capital outflows amid dollar buying by some banks. In active trade at the Interbank Foreign Exchange (Forex) market, the domestic unit resumed lower at 43.02/04 against yesterday's close of 42.

Mumbai, Jul 14 (PTI) Snapping its 4-session gaining streak, the Indian rupee today lost five paise to close at 42.

Bangalore, Jul 14 (PTI) Strongly denying that economy is slowing down, CII President K V Kamath today said one has to see India Inc's performance in the next two quarters to pass a judgement.

Mumbai, Jul 14 (PTI) Markers remained weak for the third straight session today with the benchmark Sensex closing lower by nearly 140 points as concerns over unabated rise in inflation and

New Delhi, July 14 (PTI) Gold prices eased by Rs 10 to close at Rs 13,470 per 10 grams on the bullion market today on fall in demand from stockists and jewellery makers at existing higher

Johannesburg, July 14 (PTI) The South African media has started speculating that the country's telecom giant MTN could look at a "less controversial" deal with Bharti Airtel instead of RCOM, a

New Delhi, July 14 (PTI) With UPA government's new found ally Samajwadi Party gunning for Reliance Industries, the company head Mukesh Ambani today met Prime Minister Manmohan Singh and a host of

Mumbai, July 14 (PTI) Indian rupee appreciated by four paise to Rs 42.8350/8450 against the US currency in late morning trade today amid weak equity markets and high global crude oil prices.

London, July 13 (PTI) Leading NRI entrepreneur Lord Swraj Paul has said that he was confident that Prime Minister Gordon Brown will soon steer Britain clear of the current economic

Chandigarh, July 12 (PTI) The Punjab Government would soon set up a State Cotton Council for the promotion of textile industry in a big way, Chief Minister Parkash Singh Badal said today.

New Delhi, July 12 (PTI) Gold prices spurted by Rs 225 to Rs 13,480 per 10 grams on the bullion market today on aggressive buying by stockists and jewellers sparked by a steep rise in its prices

Mumbai, July 11 (PTI) A USD 4 billion decline in the foreign currency assets (FCA) caused a further fall in India's foreign exchange reserves for the second consecutive week.

Mumbai, July 11 (PTI) Surging for the fourth straight day today, the Indian rupee breached the crucial 43-mark to close at 42.

Mumbai, Jul 11 (PTI) Bombay Stock Exchange's bellwether Sensex plunged by over 450 points today as the markets were sent on a tailspin by the double-whammy of unabated rise in inflation and

New Delhi, July 11 (PTI) Adding to the woes of the government, the inflation today inched towards 12 per cent mark while the industrial growth nosedived to 3.

New Delhi, July 11 (PTI) Industry continued to bear the brunt of rising interest rates as its growth plummeted to 3.8 per cent in May against 10.

New Delhi, July 11 (PTI) Allaying fears fuelled by a rise in inflation to a new 13-year high of 11.89 per cent, the Finance Ministry today said prices of essential commodities have almost stabilised.

Prasun Sonwalkar London, Jul 11 (PTI) In a major policy change, Britain has decided to allow thousands of Indian professionals, who left the UK after being adversely affected by the November

Mumbai, July 10 (PTI) As crude prices continued to fall, the Indian rupee for the first time in two weeks breached the crucial 43-mark today in intra-day and closed at 42.99/43.

Mumbai, July 10(PTI) Gold prices bounced back on the bullion market here today on renewed stockists buying on the back of soaring prices in global market.