Business

Following cash crunch in the aftermath of the November 2016 demonetisation, household savings in form of "currency" had declined by 2 per cent during 2016-17.

India, Iran's top oil buyer after China, has so far not decided on the size of any cut to Iranian imports and continues to seek a waiver from the United States.

The impact on the exchequer on account of both DA and DR would be Rs 6,112.20 crore per annum and Rs 4,074.80 crore in the financial year 2018-19 (8 months from July, 2018 to February, 2019).

Air Insia flies to New York, Washington, San Francisco from New Delhi; Chicago from Hyderabad through New Delhi and to Newark from Mumbai.

Rupee logged its biggest single-day drop since August 13 when it nosedived 110 paise or 1.6 per cent

Mistry has filed the petition in his personal capacity, requesting the appellate tribunal to set aside the impugned order passed by the National Company Law Tribunal on July 9.

Adani Wilmar has emerged as the highest bidder with a Rs 6,000 crore offer, while Patanjali group came second with a Rs 5,700 crore bid.

Adani Wilmar and Baba Ramdev's Patanjali group have been engaged in a long-drawn battle to take over Ruchi Soya.

Index heavyweight Reliance Industries (RIL) became the first Indian company to cross the Rs 8 lakh crore market capitalisation mark. RIL shares rose 1.86 per cent to hit a record high of Rs 1,269.70.

The impact of the rupee collapsing is not just limited to buying capabilities of the country. The slide in currency value will soon start inflating household expenditures and dent personal budgets.

Lira has lost nearly 40 percent against the dollar this year, driven by worries over President Tayyip Erdogan's growing influence on the economy.

Jet Airways and its partner Etihad Airways will remain investors in Jet Privilege even after a potential Blackstone transaction.

The 30-share barometer jumped 184.93 points, or 0.49 per cent, to 37,829.83. Sectoral indices led by metal, realty, banking, FMCG, PSU and consumer durables rose by up to 1.13 per cent.

“Test results from Hetero Labs show the amount of NDMA found in its valsartan active pharmaceutical ingredient (API) exceeds acceptable levels; although it is generally lower than the amount discovered in the API manufactured by Zhejiang,” the FDA said.

The airline management informed that the company shall in due course intimate on the date of the meeting where the financial results will be considered by the board.

Finance Minister Piyush Goyal said the objective of the Bill was to provide resolution to small bankrupt firms and, at the same time, take stringent action against big bankrupt businesses.