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Business

Rupee slips 3 paise to 74.18 per USD

Mumbai: The rupee depreciated by 3 paise to close at 74.18 against the US dollar on Tuesday as higher crude oil prices and a stronger greenback overseas weighed on sentiment.


15th Finance Commission submits report to President

New Delhi: The 15th Finance Commission on Monday submitted its recommendations on the ratio in which taxes are to be divided between the Centre and states over the next five years.


LATEST HEADLINES

Delhi court extends gangster Anmol Bishnoi's NIA custody by 7 days


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Ex-minister Ramanath Rai hits out at BJP leader Ashoka for ‘irresponsible’ comments on KC Venugopal


K'taka govt, Taiwan's Allegiance Group sign MoU to establish industrial technology innovation park


CBI books ex-AAI chairman for corruption in contract for food and beverage operator at airports


Cong says LoPs not invited to Putin banquet, takes swipe at Tharoor for accepting invite


Russian drone strike kills 12-year-old boy in Ukraine as peace talks kept under wraps


SC grants bail to man booked under UAPA as chargesheet not filed within stipulated period


Five engineering students killed as car rams into truck in Andhra


No intervention in foundation stone-laying of Babri-style mosque in Murshidabad, says Cal HC


Temple money belongs to deity, cannot be used to save cooperative banks: SC




Rupee slips 7 paise to close at 74.15 against USD

Mumbai: The rupee gave up intra-day gains to settle 7 paise lower at 74.15 against the US dollar on Monday, tracking weaker Asian peers against the greenback.

Rupee rebounds 40 paise to close at 74.36 a dollar

Mumbai: The Indian rupee on Thursday staged a smart recovery to end at 74.36 against the US dollar, clocking a gain of 40 paise amid positive sentiments in domestic and global markets.

SBI Q2 net profit jumps 55 % to Rs 5,246 cr as bad loans decline

Mumbai: The country's largest lender State Bank of India (SBI) on Wednesday reported a 55.41 percent rise in consolidated net profit at Rs 5,245.88 crore for the second quarter ended September 30 on account of a decline in bad loans.

Rupee hits over 10-week low, slumps 35 paise against USD

Mumbai: The Indian rupee on Wednesday plunged by 35 paise to close at its weakest level in over 10 weeks at 74.76 against the US dollar as investors appeared cautious looking for clarity on the US election outcome and the latest tranche of fiscal stimulus.

Finance Minister to unveil another stimulus soon, says Economic Affairs Secretary

New Delhi:  Finance Minister Nirmala Sitharaman will soon announce the next set of the stimulus package to boost the coronavirus-hit economy, Economic Affairs Secretary Tarun Bajaj said on Tuesday.

Rupee ends flat at 74.41 on a spike in crude oil prices, dollar buying

  Mumbai: The rupee pared its early gains to close almost flat at 74.41 on Tuesday due to dollar buying by banks and resurging crude oil prices.

British-Indian expert on a mission to fix diversity gap for women in finance

London: A British-Indian financial expert, recently honored in the Queen's Birthday Honours List for her work in the field of inclusion and diversity, says she is on a mission to fix the diversity gap within the financial services sector, especially for women.

IISc and Indian Oil R&D sign MoU for hydrogen generation technology

Bengaluru: The Indian Institute of Science (IISc) and the Research and Development Centre of IndianOil Corporation Limited have signed an MoU to develop and demonstrate biomass gasification-based hydrogen generation technology for producing fuel cell-grade hydrogen at an affordable price.

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