Rupee closes at new alltime low as crude prices rise

2 days ago
MUMBAI/BENGALURU () The rupee closed at a new alltime low against the U.S. dollar on Tuesday, pressured by rising crude oil prices and intensifying U.S.China trade war tensions. The rupee had fallen more than 12 percent against the dollar  ... ...

New US tariff threat on Chinese goods hits stocks, dollar

3 days ago
By Herbert Lash. NEW YORK () A gauge of global equity markets eased and the dollar slipped on Monday as investors took a dim view of an expected new round of tariffs from Washington on Chinese goods, which would escalate a simmering  ... ...

WPI inflation drops to 4month low of 4.53% on cheaper food prices

6 days ago
Inflationbased on wholesale prices eased to a fourmonth low of 4.53 per cent in August on softening of food prices, but experts warned that a sliding rupee and rising oil prices could prompt an interest rate hike by RBI. The effect of rising petrol ... ...

Rahul Gandhi at LSE LIVE: '2019 will be straightforward — BJP on one side, Opposition on the other'

4 weeks ago
Your browser does not currently recognize any of the video formats available. Click here to visit our frequently asked questions about HTML5 video. Share. Include playlist. An error occurred while retrieving sharing information. Please try again later.'A certain degree of arrogance' crept into Congress after 10 yrs of power: Rahul Gandhi on '14 poll loss ... ...

RBI hikes interest rate for 2nd time in two months on inflation concerns

2 months ago
For the second time in as many months, RBI today raised the key interest rate by 0.25 per cent to the highest level in two years as it battled inflation without looking to harm growth, but the move may result in costlier home, auto and other loans ... ...

Petrol prices unchanged after 8 paise fall on Friday

3 months ago
Petrol prices across the four metros were stable on Saturday. In the national capital, the fuel was sold at an unchanged price of Rs 76.35 per litre. In Kolkata, Mumbai and Chennai too, prices were stable at Rs 79.02, Rs 84.18 and Rs 79.24 per litre Petrol Prices Rema ... ...

WPI inflation spikes to 14month high of 4.43% in May on costlier fuel

3 months ago
Inflation based on wholesale prices shot up to a 14month high of 4.43 per cent in May on increasing prices of petrol and diesel, prompting industry to demand action from policymakers to keep fuel prices under check. The Wholesale Price Index (WPI Wholesale Price Index inflati ... ...

India's wholesale inflation in May doubles YoY to 4.43%

3 months ago
A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 percent, to nearly double over the 2.26 percent registered in May last year and higher than the 3.18 percent recorded in April, 2018, Commerce Whol ... ...

Retail inflation hits 4mth high of 4.87% in May on costlier veggies, fuel

3 months ago
Retail inflation jumped to 4month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled with high fuel rates. Based on Consumer Price Index (CPI), the retail inflation was at 4.58 per cent in the preceding ... ...

RBI policy rate hike transmission soon, say bankers

3 months ago
Bankers said today that the Reserve Bank's decision to hike policy rate by 25 basis points will anchor inflationary expectations and policy rate transmission would happen in the coming days. Anticipating policy rate hike, many big lenders including SBI Four firsts, two surprises and three ta ... ...

Faux pas: Petrol, diesel prices cut by 1 paisa, not 60 paise

4 months ago
Petrol and diesel prices were today cut by 1 paisa per litre each, the first reduction after 16 days of relentless price hikes. But the marginal decline had its share of excitement with stateowned Indian Oil Corp (IOC) first announcing a reduction of ... ...

Retailers to move CCI against WalmartFlipkart

4 months ago
Retailers have joined hands to approach fair trade regulator CCI against USD 16 billion WalmartFlipkart deal as they apprehend that the it would lead to massive job loss and be a "nightmare for retail trade" of the country. Traders body CAIT in a ... ...

Public urges Govt to tackle fuel price hike

4 months ago
As the prices of petrol and diesel touched an alltime high on Sunday, the public urged the Central Government to come up with a plan to tackle the problem of everrising fuel prices. The petrol and diesel prices have been increased by 17 paise a litre Petrol, diesel prices hit at all time high as oil companies hike rates ... ...

Services activity rises, employment growth improves to fastest since March 2011: Nikkei India Services PMI

5 months ago
Nikkei India Services Business Activity Index rises to 51.4 in April 2018 from 50.3 in March 2018. India's service sector continued to improve at the start of the quarter, with business activity rising at a faster pace, supported by new order growth ... ...

Danish engineer gets life term for Swedish journalist's murder

5 months ago
Danish inventor says journalist died after air pressure drop on submarine Danish inventor tortured journo before killing her:prosecutors Danish inventor Madsen gets life term for journalist's murder SpaceX launches world's most powerful rocket Danish ... ...

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