The BSE benchmark Sensex fell for the second straight day today on sustained selling by funds amid a mixed trend in other Asian markets. The 30-share barometer fell by 62 points to 19,161 in early trade. Stocks of oil and gas, consumer durables, capital goods and banking sectors were major...
Rupee recovered by 15 paise to 58 rupees 62 paise against the US dollar in early trade today on increased selling of the US currency by exporters. However, dollar's strength against other currencies overseas capped the rupee's gain as investors await the conclusion of the US Federa...
The Finance Ministry has proposed sweeping changes in the Foreign Direct Investment, FDI, regime to promote India as an attractive investment destination. A committee headed by Economic Affairs Secretary Arvind Mayaram has favoured higher sectoral caps in almost all sectors including defen...