Business

The Indian rupee on Monday plunged 48 paise, logging its biggest fall in more than five weeks, to close at over one-month low of 61.13 against the greenback following fresh dollar demand from importers and negative cues from local equities.

RBI has closed down six Urban Cooperative Banks which were suspected of being used to route illegal money.

The Malaysian airline said it had initiated the lease agreement with AirAsia India from September 5 for a period of 144 months.

In less than two years, Tata Starbucks CEO Davda has opened 52 stores across Mumbai, Delhi, Pune, Bangalore, and Chennai.

Nearly three months of probe, CBI on Monday registered a case against Jigesh Shah and SEBI officials and its former executive director JN Gupta for allegedly violating law to grant extension to MCX-SX and FTIL as private stock exchange.

Onion prices were rising due to speculation amid anticipation of below normal monsoon despite sufficient supply in the country.

At the Interbank Foreign Exchange (Forex) market, the domestic currency commenced sharply lower at 61.29 a dollar from previous close of 61.08.

After drawing widespread condemnation as the deadline for the deal lapsed on July 31, India has said it is ready to sign the global trade deal as early as next month if other WTO members agree to its demand for concessions on food subsidies, estimated at...

The dollar index was quoting up by 0.10 per cent against a basket of six major global currencies.

The 50-share Nifty of the National Stock Exchange also recovered by 42.70 points, or 0.55 per cent, to close the day at 7,791.40 after shuttling between 7,707.60 and 7,798.70.

SpiceJet said that logistical reasons hampered its staff from providing refreshments to the passengers of the delayed flight.

The city-headquartered firm had posted a net profit of Rs 1,623.3 crore in the year-ago period, it said in a BSE filing.

In the national capital, tomato prices have gone up from Rs 60 per kg to Rs 80 per kg within a week.

Stocks rose in Europe after China reported economic growth figures that were slightly stronger than markets had expected, although the reaction in Asia was more muted.

Moody's assigns a 'Baa3' rating on India, with a stable outlook.

At present, it is compulsory to blend 5 per cent ethanol with petroleum but the oil marketing companies have achieved only 1.37 per cent.