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Through the domestic market and in part with the approval of a rupee term loan, Power Grid plans Rs 11000 crores

The Burnpur Cement account of the PNB has been put up for auction to recoup a debt outstanding of more than Rs 50 crore. Bids may be submitted by ARCs

Given the recent declines in the prices of major commodities like copper, steel, aluminium, palm, and crude oil over the past three to four weeks, packaged consumer goods and consumer electronics companies may experience an improvement in their profit margins in September.

Experts predict that the RBI's numerous initiatives to boost foreign currency inflows would help the rupee beat its peers in developing market countries.

Copper prices are seen recovering from a near 20-month low as dollar takes a breather after shooting to fresh two-decade highs during the week. The dollar index, which climbed to a fresh 20-year high at 107.26, is currently down nearly 0.20% at 106.68. Nevertheless, resounding worries of global recession coupled with China fighting nascent COVID-19 flare-ups across the country with mass testing and fresh restrictions […]

The 2-wheeler maker has forayed into the premium lifestyle segment by launching the industry-first modern-retro motorcycle.

Weakness in the US dollar overseas coupled with easing crude oil prices are expected to give rupee the much-needed respite. Rupee, that has been on a downward spiral is likely to pare some of its sharp losses on Thursday, although sustained foreign fund outflows could continue to weigh on the domestic currency. The dollar index, which climbed to a fresh 20-year high at 107.26, is […]

States will get a total Revenue Deficit Grant of Rs86,201 crore in 2022-23.

Gold is seen bouncing higher in early Asia in response to a slight weakness in the American currency that is paring gains following a sharp spike since early this week. The dollar index, which climbed to a fresh 20-year high at 107.26, is currently down nearly 0.20% at 106.68. However firm US treasury yields following the Federal Open Market Committee (FOMC) Minutes that saw Fed […]

Insurers can now provide "Pay-as-you-drive," "Pay-how-you-drive," and floater add-on covers