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Forex reserves fall by $3.03 bn to $410.070 billion

India?s foreign exchange reserves fell by $3.03 billion to $410.070 billion as on June 15, data from the Reserve Bank of India (RBI) show. Foreign currency assets, which form a key component of reserves, fell by $3.05 billion from the…

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UltraTech Cement estimates capex of Rs 2,500 cr for FY19

UltraTech Cement, part of the Aditya Birla Group, has estimated a capital expenditure of about Rs 2,500 crore for the financial year 2018-2019. This is for capacity expansion projects, waste heat recovery systems, regulatory requirements, plant infrastructure and routine maintenance,…

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e-Way bill generation touches 10-crore mark

On Friday, over 80 days after its launch on April 1, e-way bill generation hit the 10-crore mark.?Ten crore e-Way bills in two months and 21 days and still it is showing an upward trend,? Prakash Kumar, CEO of the…

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e-Way bill generation touches 10-crore mark

On Friday, over 80 days after its launch on April 1, e-way bill generation hit the 10-crore mark.?Ten crore e-Way bills in two months and 21 days and still it is showing an upward trend,? Prakash Kumar, CEO of the…

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Yen Bond Yielding 0.0000027% a Hit Amid Emerging-Market Rout

It must be tough out there in volatile emerging-debt markets. Overseas investors including Asian buyers this month bought a chunk of yen bonds from a Japanese highway operator yielding 0.0000027 percent.East Nippon Expressway Co. sold one-year notes at a coupon…

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Can the Indian economy really achieve double digit growth?

Within a span of just seven days, Prime Minister Narendra Modi has twice vouched to take the Indian economy to double-digit growth, and interim finance minister Piyush Goyal has claimed the target can be achieved by the fourth quarter (January-March)…

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