Business

IOC owns and operates 11 out of India's 23 refineries with a combined refining capacity of 80.7 mt per annum.

Already running against time on GST, the revenue department will have a tough time in training 60,000 field officials for its implementation from April 1 as it has provided requisite skills to only 3,074 personnel.

The rupee firmed up by 11 paise to 66.50 against the dollar in early trade on Tuesday.

The NSE Nifty was quoting higher by 30.10 points or 0.34 per cent, at 8,809.95.

Data released by the Commerce and Industry Ministry further showed that the annual inflation for manufactured products and fuels remained modest at 2.42 per cent and 1.62 per cent, respectively.

On Friday, the rupee continued its stellar performance against the US currency for the fourth straight day ending higher by 13 paise at 66.82 on heavy dollar selling.

Reliance industries has officially announced that it will offer services at substantially lower rates than the rivals.

Leading stock exchange BSE has introduced a new facility to place multiple quotes in equity and currency derivatives segments through a single request message.

US retailer Bed Bath & Beyond on Wednesday said it ordered an external audit of textiles from Welspun India, after Target Corp last week accused the Indian manufacturer of passing off cheap sheets as premium Egyptian cotton for two years.

About 309 shares have advanced, 96 shares declined, and 28 shares are unchanged.

"What we like about him is: One, he's seen RBI change from being a loosely inflation-focused central bank to one that formally targets CPI inflation.

The benchmark BSE Sensex continued its rising trend by gaining 89 points to 28,212.30 in early trade today on sustained foreign fund inflows. The 30-share index rose 88.86 points or 0.31 per cent to 28,212.30. The gauge had gained 117.07 points in the pre...

Fag-end dollar selling dollars on the back of partial recovery in equity markets as RBI kept key policy rates unchanged helped the rupee's recovery, a forex dealer said.

The rupee opened lower at 66.85 per dollar as against last closing level of 66.77 per dollar at the Interbank Foreign Exchange (Forex) market. It hovered in a range of 66.71 and 66.8575 before ending at 66.84 a dollar, showing a loss of 7 paise or 0.10 pe...

Despite the continued wrangling and the adoption of diametrically opposite views by different political camps, all eyes are now on the boons and banes of the long-stalled Goods and Services Tax (GST) Constitutional Amendment bill

The dollar index was trading up by 0.17 per cent against a basket of six currencies in late afternoon trade.