Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Tuesday, December 11, 2018

economy

Rupee falls 59 paise to 71.40 against US dollar

The rupee depreciated 59 paise to 71.40 against the US dollar in early trade on Monday at the interbank foreign exchange amid strengthening US dollar...

Rupee rises 46 paise to 70.44 against US dollar

The rupee appreciated by 46 paise to 70.44 against the US dollar in early trade on Friday at the interbank foreign exchange, amid weakness in the gre...

RBI lowers inflation projection to 2.7-3.2% in H2 FY19

  The Reserve Bank lowered retail inflation projection in the range of 2.7-3.2 per cent for the second half of the current fiscal, citing normal ...

ITR filing up 50% so far in 2018-19: CBDT chairman

Income tax return filing for assessment year 2018-19 has so far seen a 50 per cent rise since last year, a top finance ministry official said. "This ...

Rupee falls 50 paise to 70.08 against US dollar

The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade on Monday at the interbank foreign exchange amid strengthening of the...

China, U.S showdown looms on trade at fractious G20

The United States and China, the world's two largest economies, will see if they can find a breakthrough to exit a spiraling trade war as their presi...

GDP growth slows to 3-quarter low of 7.1% in Q2

India's economy grew at 7.1 per cent in July-September, lowest in three quarters, but still remained ahead of China to retain the tag of the world's ...

Rupee advances 57 paise to 70.05 against US dollar

The rupee gained 57 paise to trade at 70.05 against the dollar in early trade on Thursday at the Interbank Foreign Exchange amid sustained selling of...

Forex reserves up by USD 568.9 mn to USD 393.58 bn

The country's foreign exchange reserves rose by USD 568.9 million to USD 393.580 billion in the week to November 16, mainly due to a spurt in foreign...

Rupee rises 35 paise to 71.11 against US dollar

Rising for the seventh straight day, the rupee strengthened by 35 paise to 71.11 against the US dollar in early trade on Thursday on the back of fall...

RBI board's decisions to be positive for economy: Uday Kotak

Veteran banker, Uday Kotak, welcomed the decisions taken at the Reserve Bank of India's recent board meeting, and said the outcomes will be positive ...

Rupee strengthens 29 paise to 71.38 against US dollar

Continuing its rising spree for the sixth straight day, the rupee appreciated by another 29 paise to trade at nearly three-month high of 71.38 agains...

Govt should stick to fiscal deficit target, continue reforms: Panagariya

The Centre should stick to the fiscal deficit target for 2018-19 and continue with the reforms undertaken during the over four years of the Narendra ...

Rupee rises 10 paise against US dollar to 71.87

The rupee firmed 10 paise to 71.87 against the US dollar on Friday on increased selling of the US currency by exporters and banks. Besides, weakness ...

Fitch keeps India's credit rating unchanged for 12th yr in a row

Refusing to upgrade India's credit rating for the 12th year in a row, Fitch retained its sovereign rating for the country at 'BBB-', the lowest inves...

High growth necessary for poverty alleviation: Minister

A high rate of growth is necessary to alleviate poverty and ensure that benefits of development reach the poor, Finance Minister Arun Jaitley said. A...

WPI inflation rises to 5.28% in October

Inflation based on wholesale prices rose to a four-month high of 5.28 per cent in October, mainly due to spike in petrol and diesel prices, even as f...

Rupee recovers 29 paise to 72.60 against dollar

The rupee recovered by 29 paise to 72.60 against the US currency in early trade on Tuesday, owing to easing global crude oil prices and better-than-e...

Retail inflation cools to year-low of 3.31% in October

Retail inflation fell to a one-year low of 3.31 per cent in October on the back of cheaper kitchen staples, fruits and protein-rich items, official d...

Rupee falls below 73 level against US dollar

The rupee weakened further and dipped by 54 paise to 73.04 against the US dollar on Monday, owing to increased demand for the American currency from ...

GST a 'monumental reform', hit growth only for 2 quarters: Minister

The GST implementation was a 'monumental reform' which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said, ...

Sensex, Nifty end lower on weak global cues

Domestic benchmark indices ended on a negative note after a choppy session on Friday amid weak global cues as the U.S Fed hinted at a rate hike next ...

Rupee rises 35 paise to 72.65 against US dollar

The rupee appreciated 35 paise to 72.65 against the dollar in early trade on Friday, following U.S mid-tem election results and easing crude oil pric...

Demonetisation led to formalisation of economy: Jaitley

Finance Minister Arun Jaitley said demonetisation resulted in formalisation of economy and increased tax base, prompting the government to earmark mo...

India's economic growth to slow to 7.3% in 2019: Moody's

Indian economy will expand 7.4 per cent in 2018, but the growth will slow down to 7.3 per cent in the next year as domestic demand tapers on higher b...

Asian Corporate Consultancy settles case with SEBI

Asian Corporate Consultancy along with one Dilip Anantrai Desai has settled a probe by markets regulator SEBI into alleged violation of portfolio man...

Forex reserves down by USD 1.444 bn to USD 392.078 bn

Continuing its decline, the country's foreign exchange reserves slumped by USD 1.444 billion to USD 392.078 billion in the week to October 26 due to ...

GST collections cross Rs 1 lakh cr in October

GST collections in October have crossed the Rs 1 lakh crore mark, Finance Minister Arun Jaitley said. The revenue from goods and services tax (GST) i...

Rupee falls 16 paise to 73.61 against US dollar

The rupee weakened by 16 paise to 73.61 against the US dollar in early trade on Tuesday, amid increased demand of the American currencies from import...