Economy

 
  • Aug 18 2017

RBI to issue fluorescent blue Rs 50 note in new series

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The Reserve Bank of India (RBI) said it will soon issue a Rs 50 currency note in Mahatma Gandhi (New) Series, which will be fluorescent blue in colour.

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  • Aug 18 2017

Rupee steady at 64.15 against US dollar amid weak global cues

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The rupee largely shrugged off the high volatility in stocks and ended steady at 64.15 against the US dollar even as investors reacted to US political turmoil.

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  • Aug 18 2017

Forex reserves at record high of USD 393.612 billion

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FCAs, a major portion of the overall reserves, rose by USD 175.6 million to USD 369.899 billion, the data showed.

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  • Aug 18 2017

GST impact: India Inc profits dip 11% in Q1'FY18 on destocking

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The impending GST regime has made a dent on India Inc' earnings for the April-June period, with profit growth falling to a five quarter low of 11 per cent.

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  • Aug 18 2017

`After pause in Oct, RBI may deliver final rate cut in Dec'

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RBI will pause at the next policy review and go in for a final 0.25 per cent rate cut in the December review, a brokerage said.

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