Forex reserves drop by $3 billion to $603.87 billion in 2nd consecutive weekly decline
MUMBAI: India's forex reserves dropped by $3.165 billion to $603.87 billion for the week ended July 28, the RBI said on Friday.This is the second consecutive weekly drop in the reserves after the $1.9 ...
Adani Enterprises posts 44% jump in Q1 profit
BENGALURU: Adani Enterprises on Thursday reported a 44% rise in first-quarter profit, as performance at its new energy division outpaced a weak growth in the key coal trading division.The company's co ...
Fitch cuts US credit rating to AA+; Treasury calls it ‘arbitrary’
WASHINGTON: Rating agency Fitch on Tuesday downgraded the US government's top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the resolut ...
Commercial LPG price cut by Rs 99.75, no change for domestic cylinders
NEW DELHI: Public sector Oil Marketing Companies (OMCs) have announced a revision in prices for commercial LPG, lowering the price of 19 KG commercial LPG gas cylinders by Rs 99.75, according to sourc ...
‘Walmart buys out $1.4 billionTiger Global stake in Flipkart’
BENGALURU: Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a letter by the hedge-fund to i ...
Hopeful of finalising certain FTAs in next few months: Piyush Goyal
NEW DELHI: Commerce and Industry Minister Piyush Goyal on Saturday said he is hopeful of India finalising certain free trade agreements (FTAs) in the next few months, which would help promote exports. ...