Business

PMO has asked Aviation Ministry to allay concerns over the deal and has instructed the Cabinet Secretary to hold a meeting to discuss the same.

The slump came even after the Reserve Bank of India made an attempt to defend the currency before the rupee hit the 60 level.

Prices of gold, typically seen as hedge against inflation, have been supported in recent years by central bank steps to support their economies.

The gas price, if the suggestion are accepted, would come to USD 6.79 in the immediate future and USD 8.93 by the end of current fiscal.

ITC with Rs 2,60,879 crore m-cap is the fourth most valued company followed by Coal India (Rs 1,91,449 crore).

The new rate would be applicable to all pre-paid and post-paid customers using 2G network.

Anil Rego, personal finance expert joined IBNLive readers on financial planning and investment tips.

Ratings agency Fitch raising India's economic outlook to 'stable' from 'negative' has not managed to boost market sentiments.

Jet Airways has about 13,000 employees on its roll, of which about 1,100 are pilots.

The employees of the grounded airline have been on a hunger-strike since Thursday at the Kingfisher House in Mumbai.

The day-long shutdown at Maruti's two plants comes ahead of a six-day scheduled maintenance closure later this month.

Investors continued to take a defensive approach, buying shares of IT, pharma and FMCG companies.

The government has raised import duty on the metal to 8 per cent, up by 2 per cent, in a bid to rein in demand.

The private firms, have faltered in attaining the minimum 25 per cent public shareholding requirement.

SEBI ordered freezing their voting rights and corporate benefits and barred them from holding any new position on boards of listed firms.

RBI said it is not necessary that individual along with his related parties have shareholding in the NOFHC.