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The government on Monday said it will still want to see if IndiGo bids for Air India.

IndiGo Q1 net tanks 96.6 per cent to Rs 27.8 crore on high fuel cost

The Gurugram-based budget carrier had posted a net profit of Rs 811.10 crore in the same quarter last year.

30 July 2018 5:59 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Ethanol-mixed petrol saved foreign exchange, lowered emission: Pradhan

Almost 67 crore litres of ethanol was blended with petrol in 2016-17.

25 July 2018 5:42 PM IST

Right now, there is no currency note of a denomination between Rs 100 and Rs 500 value. (Photo: Representational/PTI)

Rupee closes at life-time low of 69.05 against dollar

This is the biggest single-day fall since May 29 and goes hand in hand with a stronger US dollar.

19 July 2018 9:04 PM IST

The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

Rupee rises 21 paise to 68.36 against US dollar

Fresh selling of the American unit by exporters and banks and fall in global crude oil prices boosted the domestic...

17 July 2018 10:32 AM IST

For the past few days, the rupee continued to outshine the US dollar and ended at a nearly 3-month high of 67.22 yesterday.

Rupee to remain in 68-72 range against USD in short term, says UBS

The rupee had breached the lifetime low and crossed the Rs 69 to a dollar level last week.

3 July 2018 4:00 PM IST

Free Trade Agreements (FTAs) have not benefitted India much. Exports to countries with whom India has entered into FTAs have grown by a meagre 10 per cent in FY19, while the imports have grown by 27 per cent.

Exports to rebound in 2020 but growth to remain subdued

Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due to a decline in petroleum products.

28 Dec 2019 12:38 PM IST

Chinas foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued.

Forex reserves rise by USD 150 million to USD 398.3 billion

The overall reserves had surged by USD 2.11 billion to USD 398.122 billion.

23 Feb 2019 1:06 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

First time in FY19, RBI becomes net buyer of dollars in Dec

The central bank bought USD 837 million and sold USD 230 million in the spot market during the reporting month.

17 Feb 2019 11:34 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI to inject liquidity worth USD 5 billion into system

Under the swap auction, minimum bid size would be USD 25 million and in multiples of USD 1 million thereafter.

14 March 2019 9:18 AM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

Taking steps to reduce costs, enhance margins: Maruti Suzuki

The company will carry on with internal efforts without worrying about external factors like foreign exchange rates, MSI...

28 April 2019 4:29 PM IST

Indias widening current account deficit coupled with normalisation of loose policy in developed nations and soaring crude oil prices may weaken rupee towards Rs 67/$1 in the fiscal years that begun from April 1.

Current account deficit inches up to 2.1 pc but more than halves in Q4

Overall trade performance was prime influencer for both contraction in CAD for March quarter as well as a widening for...

28 Jun 2019 6:57 PM IST

Tobacco contributes a major percentage of the total value of commercial crops in India generating huge socio- economic benefits in terms of agricultural employment, farm incomes, revenue generation and foreign exchange earnings. (Photo: File)

Rs 11.79 lakh cr Indian tobacco sector employs 4.5 cr people: Study

India is a leading tobacco exporter with exports of leaf tobacco and tobacco products contributing Rs 6,000 crore...

5 Jun 2019 5:55 PM IST