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December 6, 2017 7:23 PM

Sensex closes 205 points lower to 32,597, Nifty falls 74 points

The Sensex at the Bombay Stock Exchange dropped 205 points, or 0(point)6 percent, to close at 32,597, even as the Reserve Bank kept its key lending rate unchanged in its monetary policy review, as expected. The Nifty at the National Stock Exchange fell 74 points, to 10,044. Stocks fell as key Asian ...

December 6, 2017 1:19 PM

RBI to announce its 5th bi-monthly monetary policy review for 2017-18 today

The Reserve Bank of India (RBI) will announce its fifth bi-monthly monetary policy review for the year 2017-18 today. The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, began its two-day deliberations yesterday, with several experts saying that the central bank is unlikely to l...

December 6, 2017 12:10 PM

Rupee depreciates by 6 paise to 64.44 against dollar

The rupee depreciated by 6 paise to 64(point)44 against the dollar at the interbank forex market today ahead of the announcement of RBI's monetary policy amid foreign fund outflows.The benchmark BSE Sensex fell by 100 points per cent, to 32,702 in early trade today.

December 6, 2017 12:08 PM

Sensex declines 108 points to 32,694

The benchmark BSE Sensex declined 108 points to 32,694 in late morning trade today. NSE, Nifty too is trading down by 44 points at 10,074. The rupee depreciated by 6 paise to 64.61 against the dollar at the interbank forex market today ahead of the announcement of RBI's monetary policy amid...

December 6, 2017 10:13 AM

Rupee depreciates by 6 paise to 64.44 against dollar

The rupee depreciated by 6 paise to 64.44 against the dollar at the interbank forex market today ahead of the announcement of RBI's monetary policy amid foreign fund outflows.The benchmark BSE Sensex fell by 100 points per cent, to 32,702 in early trade today.

December 6, 2017 8:34 AM

India committed to fair global trade in steel sector: Steel Minister

India has said that it does not provide any financial support for setting up new steel capacities and is committed to fair global trade in steel sector. Speaking at the 'Global Forum on Steel Excess Capacity', in Berlin, Steel Minister Birender Singh has emphasised the need to addr...

December 6, 2017 7:12 AM

RBI to announce its 5th bi-monthly monetary policy review for 2017-18 today

The Reserve Bank of India (RBI) will announce its fifth bi-monthly monetary policy review for the year 2017-18 today. The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, began its two-day deliberations yesterday, with several experts saying that the central bank is unlikely to l...

December 5, 2017 10:12 PM

Govt's public debt rises by 2.53% in July-Sept quarter<br/>

Public debt of the central government rose by 2.53 per cent to 65.65 lakh crore rupees in the July-September quarter compared to the previous quarter. According to the Quarterly Report on Public Debt Management for July-September 2017 which was released by Finance Ministry, the public debt was 64,03...

December 5, 2017 8:11 PM

Price rise comes down since 2014 under NDA rule: Arun Jaitley

Finance Minister Arun Jaitley today countered the Congress attack on government over price rise, saying it has consistently come down since 2014 under the NDA rule. Through a graphic shared on his twitter handle, Mr Jaitley said, Consumer Price Index was at 5.9 percent in 2014-15 which has decreased...

December 5, 2017 6:46 PM

RBI reiterates its concern over use of virtual currencies

The Reserve Bank of India, RBI has reiterated its concern over the use of Bitcoins and other virtual currencies saying it has not issued licenses or authorisations to companies to trade in these currencies. Earlier on two occassions, the RBI has cautioned users, holders and traders of Virtual Curren...

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