Business

The coal strike was called off on Wednesday after a meeting between workers of state-run miners and Union Minister Piyush Goyal.

The rupee depreciated by 123 paise or 1.99 per cent, in calendar year 2014.

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Russia is on the top with $122.86 billion, followed by China with $249.57 billion in terms of the quantum of black money moving out of a country for 2012.

Overall, nearly 2,000 stocks closed down while just about 920 scrips managed to close up.

There were expectations that September quarter growth would fall to 5-5.1 per cent range.

A higher opening in the domestic equity market, which soared to new highs, too supported the rupee, they added.

Forex dealers said besides increased selling of the American currency by exporters and banks.

Extending their record-breaking run, the Sensex on Monday surged 131.22 points to end at new peak of 28,177.88 and the Nifty rose 40.85 points to fresh closing high of 8,430.75.

About 1517 shares advanced, 1528 shares declined, and 105 shares were unchanged.

"The company has conveyed its intention to surrender the land citing lack of infrastructure," Infosys said in a regulatory filing.

The government slashed import tariff value on gold to $391 per 10 grams and silver to $551 per kg following weak global price trends.

The dollar index was up by 0.46 per cent against its major global rivals.

Air charter operators have come attacked a DGCA proposal to bar them from commercial flying if they do not have a three-aircraft fleet within a year of operations, saying the move made "very little business sense" and would retard connectivity to remote a...

Pradip Burman currently holds no position in the homegrowm FMCG major although he was once a Whole Time Director of Dabur India.

The benchmark Sensex retreated from one-month highs and fell about 98 points to end at 26,752.90, logging its first drop in six sessions, on losses in bluechips like HUL, Tata Motors and RIL.