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SpiceJet to launch Chennai – Kolka...

SpiceJet to launch Chennai – Kolkata – Agartala flight

The Chennai-Kolkata- Agartala flight will depart daily at 2.50pm. SpiceJet will be the first airline to offer a connecting flight on the route. The service will also add a frequency on Chennai-Kolkata route which now has only one daily flight. The new flights are a part of SpiceJet’s... read more »

Rupee falls against US dollar; hits fres...

Rupee falls against US dollar; hits fresh 2-year low

NEW DELHI: The rupee fell by another 35 paise to trade at fresh two-year low of 65.89 against the dollar today on sustained capital outflows by foreign funds even as the US currency weakened overseas. Besides, strong demand for dollar from importers and banks and a lower opening in the domestic... read more »

Rupee Falls to Nearly Two-Year Low of 65...

Rupee Falls to Nearly Two-Year Low of 65.90/Dollar

The Indian rupee fell to 65.90/dollar on Friday amid fears of a currency war after China’s depreciation of its yuan. This is lowest value of the rupee since September 6, 2013, when it had hit 66.29/dollar. This takes the rupee’s fall to over 3 per cent since August 11, 2015, when China... read more »

Vedanta’s Goa mine may restart iro...

Vedanta’s Goa mine may restart iron ore export to China

Vedanta’s iron ore division in Goa is expected to resume exports to China after a lull of three years. Representatives of steel manufacturing mills from China’s Jiangsu province and Tangshan area are currently in Goa to have discussions with officials of Vedanta’s subsidiary, Sesa... read more »

More from Business

L&T secures new orders worth Rs 2,035 crore

Engineering and construction major Larsen & Toubro (L&T) today said it has received orders worth Rs 2,035 crore across various business verticals. “The construction arm of... read more »

Chennai metro tunnelling causes cave-in, road gulps car

Acrater more than 10 feet across swallowed a car after a combination of metro rail tunnelling and layers of loose soil apparently caused a sudden cave-in near Rajiv Gandhi Government... read more »

GOVT HIKES MINIMUM EXPORT PRICE OF ONION TO CHECK DOMESTIC MARKET RATE

In an effort to curb soaring prices of onion in the domestic market, the government has increased the minimum export price (MEP) of onion by more than 140% from $175 per tonne to $425 a... read more »

Our margins are strong enough to service debt

Concerned about the dull business environment in the steel sector, Sajjan Jindal, chairman and managing director of JSW Group, has deferred his long-term investment plans. In an interview... read more »

World Economy May Be Slipping Into 1930s Depression: Raghuram Raj...

Reserve Bank of India (RBI) Governor Raghuram Rajan has asked central banks from across the world to define “new rules of the game” as he warned that the global economy may be slipping... read more »