The rupee rose on Tuesday, after the Reserve Bank of India agreed to form a panel to study a government demand for a part of its capital, ending a brawl that’s dented investor confidence. read more

Petrol price in Delhi was cut to Rs 76.71 a litre from Rs 76.91 on Saturday, according to a price notification issued by state-owned fuel retailers. Diesel is being now sold at Rs 71.56 per litre as compared to Rs 71.74 on Saturday. read more

Petrol prices fell by 17 to 18 paise to Rs 83.40 per litre in Mumbai, Rs 79.81 in Kolkata and Rs 80.90 in Chennai on Saturday. read more

Raghuram Rajan’s comments came a day after the second anniversary of the demonetisation decision, which has become an occasion for the opposition to renew criticism of the government. read more

After opening lower at 72.76, the rupee plunged to the day’s low of 73.13 and finally settled for the day at 73.12, down 67 paise over its previous closing price. read more

“Unlike in 2013, even as the rupee has weakened by 15 per cent calendar year-to-date against the dollar, it remains outside that group of most vulnerable currencies and the country’s forex reserves position is still reasonable,” UBS analyst Gautam Chhaochharia... read more

The Indian rupee Friday clocked its biggest single-day gain in over five years, surging by 100 paise to close at 72.45 against the US dollar on easing crude oil prices and possibility that the US might grant waivers to India from sanctions on Iranian... read more

Most stocks in Asia gained Friday, building on a rally in global equities, after reporting the worst returns in October in more than six years. read more

The rupee hit 74 on the dollar on Wednesday after television channels reported RBI governor Urjit Patel may resign due to the spat with the government. read more

India is examining options including an outright sale of Infrastructure Leasing & Financial Services Ltd., a person with knowledge of the matter said, as the government tries to stem defaults at the lender with $12.6 billion of debt. read more

Oil is an international commodity, and it is sold on basis of its prices in the international market. Under Prime Minister Narendra Modi’s vision there won’t be dependence on just petroleum products in coming time, says petroleum and natural gas Dharmendra... read more

Weakness is also starting to show in container and dry-bulk rates, both of which have declined significantly in October, pointing to a slowdown in global trade. read more

PM Modi launched the ‘Main Nahi Hum’ portal to help firms use their technology and resources towards various social causes. read more

The partially convertible rupee was trading at 73.22\/23 per dollar at 0340 GMT, compared with its previous close of 73.5750 and after earlier touching 73.10 in opening deals, its highest since October 3. read more

Saudi Arabian energy minister Khalid Al-Falih’s promise of adequate supply comes even as crude inventories in the US are forecast to have increased for a fifth week, the longest streak since March 2017. read more