Rupee ends at fresh 2-month high of 71.93 despite oil reboundThe rupee Friday strengthened further by 4 paise to close at a fresh two-month high 71.93 against the US currency, continuing its gaining streak for t… Read MoreTata Sons wants to fly out of joint venture with AirAsiaInitial discussions to this end have begun, even as the conglomerate inches closer to a separate deal to acquire ownership stake in India’s second-big… Read MoreJet hits 5-month high as Tata Sons deal talks inch closerThe topic of acquiring Jet Airways will be discussed at the Tata Sons board meeting on Friday and the members may approve starting due diligence on th… Read MoreSaffron ideologue slams RBI policies ahead of board meetGurumurthy blamed the RBI for mandating one-shot provisioning (or setting aside funds) for bad loans. “NPA has been developing since 2009 and it peake… Read MoreDiwali drained Rs 50,000 crore cash from banksThe biggest weekly increase in currency in circulation was in the week ending January 13, 2017, which saw an additional Rs 52,786 crore flow out of ba… Read More
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