Rupee depreciates 13 paise against dollar

Rupee depreciated by 13 paise to 66.82 against the US dollar in early trade today on increased demand for the dollar from importers.The rupee had gained 2 paise to close at 66.69 in an extremely thin and lethargic trade yesterday owing to stray dollar selling form banks and exporters. The benchmark ...

Sensex gains 230 points in early trade today

The Sensex surged by 230 points to 28,973 in early session today, propped up by fresh buying triggered by positive GDP data for the December quarter and favourable Asian cues. The NSE Nifty gained 62 points to 8,941. In other Asian markets, Hong Kong's Hang Seng was up 0.08 per cent and Jap...

WorldBank CEO travels in Mumbai local train

World Bank CEO Kristalina Georgieva today travelled in a local train in Mumbai and also inspected the operations of the suburban rail system which has been supported by the international financial institution. According to an official from Mumbai Rail Vikas Corporation, Georgieva arrived in Mumbai o...

Demonetised currency worth Rs 96 lakh face value seized in Thane

Demonetised currency with the face value of 96 lakh rupees was seized from four persons in two separate incidents in Thane city adjoining Mumbai. According to Thane Crime branch officials, police intercepted a car near Talao Pali area on 25th of this month and found 46 lakh rupees in banknotes of 10...

Bank strike hits operations, ATMs run dry

Banking operations were hit today by the day-long, nation-wide strike called by public sector banks employees. ATMs run dry at several places in different parts the country. The All India Bank Employees' Association termed the strike as successful. The strike was called under the aegis of t...

Bank strike hits operations, ATMs run dry

Banking operations were hit today by the day-long, nation-wide strike called by public sector banks employees. ATMs run dry at several places in different parts the country. The All India Bank Employees' Association termed the strike as successful. The strike was called under the aegis of t...

OECD projects 7% GDP growth for current. next two fiscals

The Organisation for Economic Co-operation and Development, OECD today put India's GDP growth at 7 percent for the current fiscal, 7(point)3 for the next and 7(point)7 percent for 2018-19. In its Economic Survey, the Global think-tank said, demonetisation may have impacted short term growth...

CSO pegs advance GDP growth estimate for current fiscal at 7.1%

North East region achieves huge success in field of raw silk

The North East region has achieved huge success in 2015-16 in the field of raw silk by producing nearly 5500 metric tonnes of eri, muga and mulberry. Taking part in AIR talk show silk scientists Somesh Paliwal and Soni Biyay Kumar said that, only Assam produced 142 metric tonnes of costly Muga in th...

BSE slips 39 points; Nifty drops 19 points to 8878

At the stock markets, after a mildly positive opening, the Sensex at the Bombay Stock Exchange moved between losses and gains, and declined 39 points to 28,774, a short while ago.The Nifty at the National Stock Exchange dropped 19 points to 8,878 and at the foreign exchange market, the rupee depreci...