Rupee hits lifetime low of 72.18, drops 45 paise against US Dollar
Mumbai | The rupee on Monday slumped to a fresh record low of 72.18 by falling 45 paise against the US dollar on strong demand for...
Category : Business & Finance
Sensex drops 200 points on weak global cues; Nifty below 11,550
Mumbai | The BSE benchmark Sensex dropped 200 points in early deals Monday on negative global cues, widening current account deficit as the rupee continued its...
Alibaba chairman Jack Ma to step down in 2019: company
Beijing | Alibaba co-founder and chairman Jack Ma will step down as head of the e-commerce giant on September 10, 2019, the company said on Monday....
Rupee edges higher by 4 paise at 71.95 against USD in early trade
Mumbai | The rupee Friday opened on a positive note and was trading marginally higher by 4 paise at 71.95 to the US dollar. A slight...
Sensex, Nifty retract in early trade in line with Asian markets
Mumbai | The BSE benchmark Sensex drifted lower by nearly 166 points and the NSE Nifty slipped below the 11,500-level in the opening session Friday due...
Twitter India chief Taranjeet Singh resigns, Balaji Krish appointed interim chief
New Delhi | Taranjeet Singh who was recently elevated as the Country Director for India of the Microblogging site ‘Twitter’ in May 2017 has decided...
Rupee recovers from life-time low, up 20 paise against US dollar at 71.38
Mumbai | The rupee recovered from its all-time low of 71.58 and strengthened by 20 paise to 71.38 against the US dollar in opening trade at...
Sensex, Nifty turn choppy on weak global cues
Mumbai | Benchmark indices kicked off on a tepid note Wednesday as stocks opened mildly positive on fresh buying by foreign investors and recovery in rupee,...
Sensex, Nifty turn volatile on foreign fund outflow, rising oil prices
Mumbai | In volatile trade, benchmark indices turned choppy after opening higher in early trade Tuesday on foreign fund outflows, surging global crude oil prices and...
THE ILLS OF OVER BORROWING
The Anil Ambani owned Reliance Infrastructure has been reeling under debt and has defaulted on its debt service obligation. The struggling company needs to reduce...