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Oil marketing companies (OMCs) raised petrol and diesel prices on Tuesday. Petrol price went up to Rs 91.20 per litre in Mumbai, while the price of diesel was revised to Rs. 79.89 per litre, according to a notification by Indian Oil Corporation (IOC). In Delhi, petrol

Domestic stock markets closed on a positive note on Monday amid rise in country's manufacturing sector activity in September. The S-P BSE Sensex climbed 299 points, or 0.83 per cent, to end at 36,526.14. The NSE Nifty50 index rose 77.85 points or 0.71

Domestic stock markets started the week on a choppy note despite sharp gains in global markets. BSE benchmark index Sensex jumped as much as 240 points to touch 36,467.61 while the broader NSE Nifty climbed 56 points to hit 10,986.65 in late

Forex and money markets remained closed on Tuesday on account of Gandhi Jayanti. On Monday, the rupee slipped 43 paise to end at a near two-week low of 72.91 against the US dollar amid a strengthening greenback and steady capital outflows, reported news agency Press

Petrol price Monday crossed the Rs 91 per litre mark in Mumbai while domestic cooking gas LPG rates breached the Rs 500 per cylinder level for the first time ever. Crude oil prices hit a four-year high which pushed domestic fuel prices to new all-time highs.

New Delhi: Subsidised cooking gas (LPG) price Sunday hiked by Rs 2.89 per cylinder to Rs 502.4 per cylinder. The price of non-subsidised LPG at Delhi will increase by Rs 59.00 per cylinder in October 2018 mainly due to change in international price and foreign exchange fluctuations, Indian Oil Corporation (IOC) said in a statement.    

The actual

Domestic stock markets are closed on Tuesday on account of Gandhi Jayanti. The equity indices witnessed volatility on Monday with Sensex and Nifty staging a strong recovery in the final hour of trade. The S-P BSE Sensex climbed 299 points, or 0.83 per cent, to end at 36,526.14 on Monday. The

The government has moved National Company Law Tribunal (NCLT) for change of management at the crisis-hit IL-FS, according to a senior official. Debt defaults by certain group entities of diversified IL-FS have triggered fears of liquidity crisis in the financial markets and the RBI has been taking steps to improve the overall cash

Retirement brings the onset of the winter of life. You are no longer in active service, there is no regular source of income and even your health may start failing. But proper financial planning can ensure a steady flow of income in post-retirement

Mumbai: The rupee tumbled 43 paise to end at a near two-week low of 72.91 against the US dollar on Monday amid a strengthening greenback and steady capital outflows. Higher US Treasury yields, which rose above the 3 per cent mark, boosted the appeal for the dollar,

Initiating a fresh round of action, the Enforcement Directorate Monday said it has attached assets worth Rs 637 crore of absconding jeweller Nirav Modi and his family in India and four other countries in connection with the USD 2 billion alleged fraud in the PNB. 

The agency said the properties, jewellery, flats and bank balances are in India, UK

Diwali shopping must be on your mind but there is something that might derail your plans. The prices of air conditioners (ACs), washing machines, speakers, refrigerators and other key items like footwear and tableware may pinch you harder than before. The cost of these items is

Infibeam shares gained some ground on Monday, but were far from recovering the losses registered in the previous session. Shares in Infibeam, an online retailer, had plunged 70.2 per cent last Friday. During Friday's session, the company had said in a regulatory filing that there was no pending information or announcement that may impact its share

Factory activity expanded more quickly in September on strong domestic and export order growth, a business survey showed, a welcome sign of strength as policy makers worry about a sharp drop in the rupee and fallout from global trade frictions.

Taken

Rainfall in country's annual monsoon season was below average and less than forecast, with key crop-growing northern states among areas that received less rain than needed, weather office said on Sunday.

Rains were 91 percent of the long-term average at the end of the July-September monsoon

IL-FS has a debt pile of more than Rs 91,000 crore

Country's troubled Infrastructure Leasing and Financial Services Ltd (IL-FS), whose recent defaults have roiled domestic markets, said on Sunday its shareholders have approved a plan allowing it to raise fresh funds through debt and equity issuances.

The shareholder approval

Indian Railways' circular journey tickets offer unique travel flexibility, as they are issued for all journey (other than regular routes) which begin and end at the same station, said Indian Railways on its portal- indianrailways.gov.in. Circular journey tickets can be

In July, Suyash Choudhary warned a liquidity crisis is looming in India and funding costs for companies were set to soar.

Now, as investors get to grips with a cash crunch made worse by the debt crisis at a lender, Choudhary, the head of

Bandhan Bank shares plunged to their lowest since March debut on Monday after the central bank withdrew permission to open new branches and froze chief executive's salary, as the banking regulator tightens its grip over the country's crisis-hit financial sector.

The Reserve Bank of India (RBI) clamped down on the lender, majority owned by Bandhan

The total outstanding of cash-strapped Air India towards government for VVIP charter flights stands at Rs 1146.86 crore, according to the latest response from the national carrier to an RTI application. 

According to the details furnished by the Air India on

The government must restrict imports of luxury goods to tackle a widening current-account deficit and support the rupee, instead of resorting to raising interest rates, according to an adviser to Prime Minister Narendra Modi.

"We need to actively send signals to disincentivize or discourage increase in consumption of what I describe as explicit

State-run Indraprastha Gas Ltd (IGL) has raised the price of compressed natural gas (CNG) by Rs 1.70 per kg and of domestic piped gas by Rs 1.30 per standard cubic metres (scm) in Delhi, effective Monday, following a change in the rate of domestic natural gas prices

GoAir is offering flight tickets at a starting all-inclusive price of Rs 999 under its special 'Weekend Delight' scheme. The booking period of the offer ends on September 30, 2018. The travel period of the scheme is applicable till March 31, 2019, according to GoAir's

Gold prices slipped by Rs 75 to Rs 31,475 per 10 gram at the bullion market on Monday in line with weak global trend, reported news agency Press Trust of India (PTI). According to traders, gold and silver prices declined on the back of weak trend overseas.

The Reserve Bank of India (RBI) said on Monday it would pump 360 billion rupees ($4.95 billion) into money markets in October in its latest attempt to stem fears of a cascading credit crunch, pledging to buy back bonds after the government dramatically reduced its own borrowing by 700 billion rupees on Friday.

Bond yields dropped sharply on Monday

After acquiring debt-laden Bhushan Steel through the insolvency and bankruptcy process, Tata Steel is now aiming to raise its production to 4 million tonne (MT) by the end of the current fiscal, an official said. Bhushan Steel's Odisha plant is presently

Crisis-hit IL-FS will be taken over by the government as debt defaults by the infrastructure group have led to fears of contagion in the markets and a liquidity crisis.

The National Company Law Tribunal (NCLT) on Monday ordered the IL-FS (Infrastructure Leasing and Financial Services) board

INR Vs USD: Rupee has weakened by more than 12 per cent this year.

The U.S. Securities and Exchange Commission said on Saturday that car-maker Tesla and Chief Executive Elon Musk had agreed to pay $20 million each under a settlement that will also see the billionaire step down as chairman after a tumultuous two months for the company.

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