Business

The recent infusion comes following a net outflow of more than Rs 38,900 crore in October, which was the steepest withdrawal in nearly two years.

This year, entry of visitors will be facilitated through only three gates — Gate No. 1 (on Bhairon Road), Gate No. 8 (on Mathura Road) and Gate No. 10 (Pragati Maidan Metro Station). Entry will be allowed from 9.30 am to 5.00 pm.

Forex traders said the rise was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas.

The report comes even as government is asking the Reserve Bank to lower the minimum capital requirements by getting it at par with global practices-something the central bank is uncomfortable to meet.

The United States said on Friday it will temporarily allow eight importers to keep buying Iranian oil when it re-imposes sanctions on Monday to try to force Iran to curb its nuclear, missile and regional activities. It did not name the countries which wou...

The third largest private sector lender had reported a huge dip in net profit at Rs 432 crore in the year-ago period on a jump in bad assets.

The proposal to issue an ordinance to amend the Act was cleared by the Cabinet on Thursday.

The 30-share Sensex climbed 413.15 points, or 1.20 per cent, to quote at 34,845.15. The gauge had shed 10 points in Thursday's volatile session.

Investor sentiment turned positive after the Finance Ministry issued a statement to dampen concerns over a spat between the government and the RBI.

Pitching for "effective independence", RBI Deputy Governor Viral Acharya said governments that do not respect central bank's independence would sooner or later incur the wrath of the financial markets.

Patel has been called on November 12 to brief the committee's members on demonetisation of Rs 500 and Rs 1,000 notes and the "ramifications thereof", according to the panel's meeting notice.

Dealers said a spurt in dollar demand from importers and hardening yields in the US markets weighed on the domestic currency.

Airline profits in the world's fastest-growing aviation market have been dented by a surge in crude oil prices and a depreciating rupee, with InterGlobe's rival Jet Airways Ltd struggling to keep itself afloat.

Falling crude oil prices eased concerns over forex outflows and supported selling of the US currency by exporters.

A BBC report on the state of China's economy said that Beijing was not expecting to fight a trade war at a time when it was trying to manage systemic risks in the economy.

Reliance Jio, the quarter report added, now has almost 72 percent of market share of entire 4G traffic data in India. Jio also now has more than 25 crore subscribers.