Business

Mumbai: The rupee hit the psychological 90-a-dollar level in intraday trade before settling 42 paise down at an all-time low of 89.95 (provisional) against the US dollar Tuesday, largely owing to continued short-covering from speculators and sustained importer demand for the American currency. Forex traders...

New Delhi: Moscow is fully aware of New Delhi's concerns about the massive trade deficit, and Russia is working with India to fix "the problem", Kremlin spokesman Dmitry Peskov said Tuesday. Addressing a video-streamed press conference for Indian journalists, Peskov spoke on a range of...

New Delhi: Union minister Jyotiraditya Scindia Tuesday said the Sanchar Saathi app, a fraud reporting app the government wants pre-installed on all devices, can be deleted by users. Users can decide to keep the Sanchar Saathi app or delete it, Scindia told reporters Tuesday. The...

London: Airbus is inspecting panels on its bestselling A320 passenger jets after quality control problems surfaced, days after it reported that it was scrambling to fix a separate software problem affecting about 6,000 of the popular planes. The European planemaker said Monday that it “identified a supplier...

New Delhi: India's industrial production growth slowed to a 13-month low of 0.4 per cent in October this year due to the poor showing by power, mining and manufacturing sectors, according to official data released Monday. The factory output, measured in terms of the Index...

New Delhi: The government Monday said 2,04,268 private companies have closed down during the last five years. These companies have been shut down on account of amalgamation, conversion, dissolution and struck off from the records under the Companies Act, 2013. According to data provided in...

Mumbai: Benchmark stock indices Sensex and Nifty closed marginally lower after hitting their fresh all-time highs Monday due to profit-taking at higher levels and foreign fund outflows. The 30-share BSE Sensex pared early gains and closed 64.77 points or 0.08 per cent lower at 85,641.90....

New Delhi: Finance Minister Nirmala Sitharaman Monday said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs....

New Delhi/Bhubaneswar: Odisha is rapidly emerging as one of India’s most promising clean energy destinations, on the back of strong natural advantages, progressive policies and growing industrial demand, a report said Monday. With significant solar, wind and hydro potential, a strong port ecosystem and clear...

New Delhi: Finance Minister Nirmala Sitharaman Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan masala, which will replace the GST compensation cess on such sin goods. The Central...