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The Indian rupee nosedived to a new life-time low of 71.10, shedding 10 paise against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies. (Photo: DC)

Rupee inches towards 73, Centre says it's fair value

US President Donald Trump on Monday night announced to impose additional 10 per cent duties on Chinese imports worth...

19 Sept 2018 12:36 AM IST

The fluctuating dollar cost only makes life harder as the rupee rate is falling. Every dollar is our 69 plus, making each dollar a crude sum.

IMF says 'real' depreciation of Indian rupee only 6-7 per cent

The Indian currency has since the beginning of the year lost almost 13 per cent in value vis a vis the US dollar.

18 Sept 2018 4:19 PM IST

The Gross Domestic Product (GDP) number by itself tell the whole story of a nations development?

States set to miss 20 per cent debt-to-GDP ratio target by FY23:...

States' aggregate debt-to-GDP ratio for FY19 has been budgeted at 24.3 pc and according to their FY19 budgets.

18 Sept 2018 2:55 PM IST

External Affairs Minister Sushma Swaraj, Defence Minister Nirmala Sitharaman, US Secretary of State Mike Pompeo and US Secretary of Defense James Mattis at the joint press conference after the India-US 2+2 Dialogue, in New Delhi. (Photo: PTI)

India delays imposition of retaliatory tariffs on US goods till Nov 2

India's decision to further delay comes as the two countries negotiate a package to remove trade frictions over a range...

18 Sept 2018 11:13 AM IST

FIEO said that as much as Rs 20,000 crore is pending with the government on account of GST refund, creating liquidity crisis for exporters.

Govt may extend deadline for imposition of higher duties on 29 US...

India's exports to the US in 2017-18 stood at USD 47.9 billion, while imports were USD 26.7 billion.

17 Sept 2018 5:31 PM IST

Commissionerate of TDS, Peeyush Sonkar (IRS) however, warned against those who do not pay taxes as per the deadlines.

Hope to cross Rs 11.5 lakh cr direct tax collection target for FY19:...

In last fiscal (2017-18), direct tax collection increased over 18 per cent to Rs 10.03 lakh crore.

17 Sept 2018 3:32 PM IST

Union minister Arun Jaitley.

Confident of strictly maintaining fiscal deficit at 3.3 per cent:...

Finance Minister also expressed the government's confidence in maintaining a growth rate higher.

17 Sept 2018 10:56 AM IST

Picture for representation only.

Falling rupee may push up healthcare costs: Experts

The worry is that the present fall in the rupee could push more below the poverty line.

17 Sept 2018 6:15 AM IST

Ajay Bodke, CEO (PMS), Prabhudas Lilladher.

Foreign inflows may not pickup

Measures are better suited when the sentiment is positive, says HDFC Bank economist.

17 Sept 2018 1:06 AM IST

A Bank of India ATM.

BoI looks to raise Rs 1,000 crore from sale of non-core assets, real...

The bank expects to raise around Rs 800 crore through sale of its stake in non-banking finance company - STCI Finance -...

16 Sept 2018 12:54 PM IST

Total deposits in Jan Dhan accounts surged by around Rs 28,973 crore in about a month after the announcement of ban on old high denomination notes.

20 lakh people join modified JanDhan scheme, total account holders...

About 53 per cent of PMJDY account holders are women, while 83 per cent of the total accounts are seeded with Aadhaar.

16 Sept 2018 11:07 AM IST

Exports of these items stood at over $50 million in 2017, according to CII, and can be increased with concerted efforts.

Govt should focus on boosting exports, import curbs may not help...

Large trade deficit and rupee decline against the US dollar are putting pressure on the CAD.

15 Sept 2018 3:41 PM IST