Search Results for: rupee depreciation

India needs to tighten monetary policy to curb inflation, says IMF

The inflationary pressures were mainly driven by higher oil prices and a falling rupee.

Aug 8, 2018

Q1 results season, global trade tensions to affect markets' moves

Market analysts opined that crude oil prices and developments in the Monsoon Session of Parliament will also affect the markets' movement.

Aug 5, 2018

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Is Jet Airways headed for Kingfisher's fate? Fact file on Naresh Goyal and his iconic carrier

The launch of Jet Airways in 1993 marked the opening up of the rusty Indian economy. It's a paradox that, decades later, the iconic carrier is facing trouble in an era defined by the 100 percent FDI in aviation sector.

Aug 3, 2018

Is China attempting to lure Imran Khan with its economic might?

In last the 13 months, China has proceeded a loan of $6.2 billion which is equivalent to the last aid it received from the International Monetary Fund.

Aug 2, 2018

Bandhan Bank becomes 7th largest Indian bank based on market capitalisation; here are the top 10

Bandhan Bank stands at Rs 84,325.35 crore after its shares rose by one percent on BSE at Rs 706.95. Comparatively, Yes Bank's market cap was Rs 84,262.14 crore. Its shares were trading 0.6 percent lower at Rs 365.70 from its previous close on BSE.

Aug 1, 2018

Tata Motors logos are seen at their flagship showroom

Tata Motors posts first loss in three years amid weak JLR sales

Profitability was hit due to lower operating leverage, higher discounts in the US, UK and China, foreign currency fluctuations, and higher depreciation and amortisation costs

Aug 1, 2018

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In an attempt to stall inflation, RBI likely to raise interest rates

The Reserve Bank of India is likely to raise interest rates on Wednesday while retaining a neutral policy stance as it aims to strike a balance between rising inflationary pressures and still recovering growth.

Aug 1, 2018

Mumbai: Fake forex trading busted, 10 arrested

The police have recovered 96 laptops, 17 mobiles and other related documents during raid which were used for fake trading of forex business.

Jul 29, 2018

Foreign bond investors shun India, blame RBI's lack of reassurance

Total returns on Indian bonds this year are negative 4 percent, one of the worst in Asia after outperforming last year.

Jul 26, 2018

Did Sri Reddy slam Karthi for using her name for Kadaikutty Singam promotion?

Actress Sri Reddy, who claims that Tamil actor Karthi used her name to promote Kadaikutty Singam, has promised to cut her head, if he provides proof of blackmail.

Jul 25, 2018

Idea–Vodafone bows in front of DoT; pay up Rs 72 billion

The deal is expected to get a final approval from the DoT within next week. After many rounds of deliberations, the DoT was adamant on its demand of Rs 72 billion which was eventually paid by the two telcos

Jul 24, 2018

Reliance Jio effect: Indian telcos continue to register losses

In the last quarter of the fiscal year 2017-18, the revenue of two of India's largest telecom companies Bharti Airtel Ltd and Idea Cellular Ltd has declined. Bharti Airtel Ltd reported a loss in revenue of 3.7% while Idea Cellular Ltd witnessed a decline in revenue at 5.7%.

Jul 24, 2018