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The rupee settled 12 paise higher at 70.92 against the dollar on Tuesday amid softening crude oil prices and weakening of the greenback vis-a-vis major global currencies.

Forex traders said the rupee gained ground on the back of foreign fund inflows, stable crude oil price and a weaker

Inflows into Indian equity funds shrunk to the lowest in more than three years last month after the record-hitting rally in stocks despite a faltering economy gave investors pause.

Stock plans received Rs 1,310 crore ($184 million) in November,

Passenger carrier GoAir inaugurated season's first flight to Maldives on Tuesday. The airline now operates direct flights to Maldives five days a week from Delhi, Mumbai and Bengaluru till January 31, 2019, GoAir said in a statement. The flights tickets on these routes

Domestic stock markets inched lower on Tuesday after a positive start, led by losses in information technology stocks, as investors locked in profits in overbought shares towards the year end. The S-P BSE Sensex index fell as much as 157.15 points to hit 40,330.28 on the

Vistara on Monday signed a codeshare agreement with German airline Lufthansa. The two airlines are planning to soon expand the scope of the agreement, enabling frequent fliers to earn miles/points on travel on their networks, Vistara - a joint

State Bank of India (SBI), the country's largest lender by assets, under-reported bad loans or non-performing assets (NPAs) worth Rs 11,932 crore for financial year 2018-19. After taking into account divergence in NPAs and provisioning, SBI said its net notional loss

Domestic stock markets are likely to start Tuesday's session on a positive. the Singapore Exchange (SGX) Nifty futures - an early indicator of the National stock Exchange (NSE) Nifty index in India - moved as much as 23.5 points higher to touch 11,988.00 on the upside ahead of the opening of Indian markets. At 8:30 am, the SGX Nifty futures

State Bank of India or SBI on Monday announced a reduction in its marginal cost-based lending rate or MCLR by 10 basis points. The move marked the eight consecutive reduction in MCLR by the country's largest bank so far this financial year. The marginal cost

Cloud giant Oracle has named ex-Infosys CEO and founder and CEO of the AI company Vianai Systems, Vishal Sikka, to its Board of Directors.

Before starting Vianai Systems, Mr Sikka was a top executive at tech companies SAP and

Executives at major state-run companies voiced their opposition to government plans to privatise oil refiner Bharat Petroleum Corp Ltd (BPCL) in a statement released by industry bodies on Monday.

Prime Minister Narendra Modi's government last month approved the sale of BPCL and four other state-run companies, in what is seen as the biggest

December 31 is the last date for State Bank of India (SBI) customers to apply for a free-of-cost replacement of their "Magstripe" or magnetic stripe card to avail a new EMV (Europay, Mastercard, and Visa) chip and PIN-based card. Those holding the

The S-P BSE Sensex and NSE Nifty 50 indexes resumed declines for third day after a day's pause in Monday's session. ITC, Tata Consultancy Services, Axis Bank, HDFC and Reliance Industries were among the biggest drags on the Sensex,

Amidst policy interventions by the government on FDI norms of e-commerce companies and continuing protests by the CAIT, an association of offline retailers, over alleged violation of regulations by the online platforms, an official with retail giant Walmart said on Monday that the company has had a "good" dialogue with the government and will

Domestic stock markets gave up early gains in a volatile session on Monday. The S-P BSE Sensex index fell as much as 108.59 points to hit 40,336.56 on the downside, and the broader NSE Nifty benchmark declined to as low as 11,888.05, down 33.45 points from the

The rupee pared initial losses and settled 16 paise up at 71.04 against the US dollar on Monday amid softening crude oil prices and weakening of the greenback vis-a-vis other currencies overseas.

Fresh foreign fund inflows and positive developments on the US-China trade front also propped up the local unit, forex traders said.

At the

Investors are starting to weigh the merits of rotating into small- and mid-sized Indian stocks after a few large companies drove a record-breaking rally in the main equity index.

"Leadership in India's rally has been very narrow," Tim Moe, chief Asia Pacific equity strategist for Goldman

The S-P BSE Sensex and NSE Nifty 50 indexes extended losses in afternoon trading dragged by losses in Tata Consultancy Services, Reliance Industries, ITC, Axis Bank and HDFC. For most part of the day, benchmarks traded with a negative bias and extended declines on the broad-based selloff. The Sensex fell as much as 279 points and the Nifty 50

Global rating agency Moody's on Monday said pressure on Indian finance companies continues to build up, with some banks heavily exposed to non-bank credit providers, hinting that India's NBFC crisis is far from over, even after a year since the

China's potential economic growth will be below 6 per cent over the next five years, an adviser to China's central bank said on Saturday.

The economy could grow between 5 per cent and 6 per cent from 2020 to 2025, Liu Shijin, a policy adviser to

Domestic vehicle sales across all categories declined by 12.05 per cent in November to 17.92 lakh units compared to 20.38 lakh units in the year-ago period, data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

Passenger car sales dipped by 10.83 per cent to 1.6 lakh units from 1.79 lakh in November last year. However,

Petrol and diesel prices were increased by the state-run oil refiner - Indian Oil on Monday. Petrol prices were increased by 14 paise per litre in Delhi, Mumbai and Chennai. In Kolkata, petrol prices were increased by 13 paise, according to data from Indian Oil

Domestic stock markets ended the week around 1 per cent lower dragged by financial, auto and metal stocks. The S-P BSE Sensex index ended the week with a loss of 348.66 points, marking a decline of 0.85 per cent, whereas the broader NSE Nifty benchmark

Passenger vehicle production in the country rose 4.06 per cent during November, a report by an industry body showed on Tuesday, signalling a potential recovery of the sector hurt by a crippling slowdown in demand.

Passenger vehicle production for November stood at 290,727 vehicles, the report by Society of Indian Automobile Manufacturers

Gold prices were last seen at Rs 37,790 per 10 grams in the national capital on Monday, according to industry body India Bullion and Jewellers' Association (IBJA). These rates are exclusive of a 3 per cent Goods and services Tax (GST) and making charges, IBJA mentioned on its website. Globally, gold prices inched up on Monday as investors awaited

Domestic fuel prices were kept unchanged at existing levels in metros on Sunday, December 8. That marked a second day of no change in the prices of petrol. With effect from 6 am on Sunday, the price of petrol was Rs 74.86 per litre in Delhi and

Erwin Singh Braich, the mysterious tycoon behind a $1.2 billion bid to rescue a beleaguered Indian bank, says he is Canada's richest man with a story so fabulous that Netflix Inc. wants to tell it.

There's a less glittering account pieced together from

The S-P BSE Sensex and NSE Nifty 50 indexes ended marginally higher in trade on Monday led by gains in HDFC, Reliance Industries, Axis Bank, Maruti Suzuki and ICICI Bank. However, the gains were capped as Tata Consultancy Services, Larsen - Toubro, ITC, Kotak Mahindra Bank

Macroeconomic data along with foreign fund flows and the Federal Reserve's monetary policy are expected to influence the Indian equity markets next week, according to analysts. Additionally, the rupee's movement against the US dollar and