Continuing its fall for the third straight session, the rupee on Monday lost 3 paise to close at 60.53 against the US currency, following sustained dollar demand from importers amid firm cues from overseas.
An index of growth in China's vast manufacturing sector fell from a 27-month high to 51.1 in August, a government study showed on Monday, slightly less than forecast and adding to signs of growing softness in the Chinese economy.
Country's second largest airline by market share, SpiceJet on Monday launched yet another limited period special fare scheme, 'Early Bird', offering customers ticket prices as low as Rs.
499 on its domestic network.
Chairman of Reliance Industries Ltd (RIL) Mukesh Ambani is not part of the high-level business delegation accompanying PM Narendra Modi on his visit to Japan.
Maruti Suzuki India is confident of getting minority shareholders' nod to let parent Suzuki Motor Corp own and invest in its Gujarat facility and has no second option.
After re-appointing new governors of many states, the NDA government is now cleaning up the boards of top public sector units by replacing all independent directorswhose appointments were seen as 'politically motivated'.
The Reserve Bank of India wants to reach its target of limiting retail inflation to 6% by 2016, but that doesn't necessarily mean monetary policy has to be tight all the way, governor Raghuram Rajan says in an exclusive interview.
The benefit of accidental insurance cover of Rs.
1 lakh, extended to all those who open fresh accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) will now include even those who have opened zero balance accounts.
Global chief executives and top bankers of iconic Wall Street companies are queuing up to meet Prime Minister Narendra Modi, in a clear sign that India’s economy has never mattered more than now.
The Narendra Modi government is planning to dilute two environmental laws that have held up key industrial projects in the past, as part of its attempts to relax green norms for stimulating economic growth, official sources said.
India is better prepared to handle the impact of interest rate increases in the US as foreign funds are less likely to desert the country due to signs of an upturn in economic growth, its central bank chief said in an interview published Sunday.
Currency counterfeiters appear to have started focusing more on Rs.
100 and Rs.
1,000 denominations, even though the traditional favourite Rs.
500 bills continue to be the most to be faked by numbers, the RBI has said.
After sacking four independent directors of IOC, the Narendra Modi-government is now seeking to remove nine similar Congress-appointees from the board of ONGC, HPCL and MRPL.
The Central Information Commission (CIC) has directed the Centre to disclose confidential file notings related to the constitution of the Justice Mukul Mudgal Committee which probed alleged lobbying by Walmart in India.
Improved market sentiment helped Mutual Funds to pick up shares worth close to Rs. 6,000 crore in August, making it the highest monthly inflow in more than six-and-a-half years.