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Rupee breaches 79 per dollar mark for the first time ever

The rupee depreciated 18 paise to close at a record low of 79.03 (provisional) against the US dollar on Wednesday, weighed down by persistent foreign capital outflows, a strong dollar overseas and......

Credit card spend crosses Rs 1.13 lakh cr in May

Credit card spending has crossed Rs 1.13 lakh crore in May compared to Rs 1.05 lakh crore in the previous month according to official data. Illustration: Uttam Ghosh/Rediff.com The month-on-month......

Rupee to remain under pressure; may settle at around 79-80/USD in near term: Experts

India's rupee is likely to remain under pressure due to high prices of crude oil and other commodities, and may stabilise at around 79-80 against the US dollar in the near term, say experts amid......

Rupee settles at all-time low of 78.32 against US dollar

The rupee on Thursday closed at its all-time low of 78.32 (provisional) against the US dollar as strong American currency and persistent foreign fund outflows weighed on investor sentiments.......

HDFC Bank to shift payments from core banking, ensure minimal downtime

The country’s largest private lender HDFC Bank is planning to facilitate a shift in its payments module from the existing core banking platform. Photograph: Danish Siddiqui/Reuters This......
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Coming to India and making

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