Business

The dollar index was sharply up by 0.60 per cent against a basket of six major global units. It was also up against other Asian units.

Forex dealers said besides the dollar's gains against other currencies overseas after US data showed the economy expanded at its fastest pace since 2011 during the April-June quarter, fresh demand from importers for the American unit put pressure on the r...

Jayant Sinha said the country has potential to become a USD 5 trillion economy and generate USD 3 trillion of wealth in the next 10 years.

Gautam Adani is now 11th on the list, adding nearly $4.5 billion to his wealth which reached $7.1 billion on soaring shares of his companies.

In previous four days, it had risen by 32 paise. The benchmark S&P BSE Sensex on Monday washed out initial sharp losses and gained 116.32 points to end at two-week high.

Consumers should be prepared to pay high prices in the coming festival and winter season, it added.

Alibaba is selling 320 million shares, equivalent to about 13 per cent of the company's capital.

The broader 50-issue CNX Nifty of the NSE also recovered on Thursday as it rose 42.60 points, or 0.54 per cent, to

Retirement fund manager EPFO said that it is not considering any proposal to invest a part of its huge corpus of around Rs 6 lakh crore in stock markets.

The August WPI inflation is the lowest since October 2009 when it stood at 1.8 per cent.

Anchor investments of Rs 800 crore proposed to be made by Tata Steel at the Gopalpur Industrial Park include the ferro chrome plant, which is under construction after all the statutory clearances.

Amazon, which operates on a marketplace model in India, is betting big on the country and has announced investment of $2 billion to expand its operations.

Sensex on Monday ends 293.15 points up at new closing peak of 27,319.85 while Nifty gains 87.05 points to end at lifetime high of 8,173.90.

For the Rs 599 offer, taxes and other fees and charges, barring fuel surcharge, would be additional, but the Rs 1,999 offer is all-inclusive.

The RBI further said for lending in rupees, the lender would have to follow certain conditions, including currency swaps with authorised banks.

Sesa Sterlite topped the buying list, up 3.64 per cent followed by Larsen and Toubro, BHEL, Coal India, ONGC, BPCL and Tata Power with 1-2 per cent.