In what could be a big worry for netizens across India, the petrol and diesel prices are heading towards century mark with the rates being shot up yet again on Monday, September 17, 2018.
Sustained weakening of the rupee is credit negative for Indian companies which generate revenue in rupees but rely on US dollar debt to fund their operations, Moody’s Investors Service said Monday.
The GDP growth in the April-June quarter, which cemented India’s position as the fastest growing major economy, came on the back of good performance by manufacturing and farm sectors, according to government data released today.
Cash-crunched Jet Airways on Tuesday said it has received an additional equity of $ 300 million in the form of advance lease incentives and borrowings from domestic banks.
Petrol and diesel prices have gone up in four metro cities across India with oil marketing companies on Sunday enhanced the rates for the eighth consecutive day.