Thu, Nov 21, 2024
Rupee Vs Dollar: The rupee hit a record low against the US dollar in the second half of trading. The domestic currency opened at 84.42 against the US dollar and later plunged to a record low of 84.46 per dollar, marking a significant decline.
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Mon, Oct 21, 2024
The rupee showed a recovery from its lower level and gained marginally by 1 paisa to 84.06 against the US dollar in early trade on Monday, tracking positive cues from domestic equity markets and a soft American currency.
Thu, Oct 17, 2024
The rupee opened at 84.01 against the greenback at the interbank foreign exchange.
Mon, Mar 07, 2022
The rupee tanked 84 paise to close at its lifetime low of 77.01 (provisional) against the US dollar on Monday as intensifying geopolitical risks due to the Russia-Ukraine conflict pushed investors to safe haven assets.
Agri-tech startup Otipy has raised USD 32 million (Rs 235 crore) from investors including Westbridge Capital to grow its business.
Fri, Mar 04, 2022
Meanwhile, the US dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.27 per cent to 98.05.
Wed, Mar 02, 2022
The rupee depreciated by 44 paise to close at 75.77 (provisional) against the US currency on Wednesday as riskier assets took a hit amid deepening geopolitical tensions.
Petrol and diesel price hikes are likely to come next week to bridge the gap of Rs 9 per litre created by the increase of USD 100 per barrel in international oil prices, PTI reported.
Tue, Mar 01, 2022
Concerns over lower supply amid escalating Russia-Ukraine conflict pushed up global crude oil prices to $102 per barrel on Tuesday.
UHNWI, those having net worth of USD 30 million (about Rs 226 crore) and above, allocated 11 percent of their investable wealth towards luxury items like art, jewellery, classic cars, watches and handbags, according to Knight Frank.
Mon, Feb 28, 2022
India`s federal fiscal deficit between April and January rose to 9.38 trillion rupees.
Crude oil may have come to a boil from the Russia-Ukraine war, the price has increased and its direct impact has been on petrol, diesel, natural gas, said Varun Dubey.
Thu, Feb 24, 2022
Gold & Silver Price In India: Gold and silver futures rose on Thursday, February 24 as investors sought refuge in safe-haven assets amid the Ukraine crisis.
Thu, Feb 17, 2022
The international arm of NPCI on Thursday announced to deploy UPI in Nepal to bolster interoperable real-time P2P, P2M and potential cross-border P2P remittances between Nepal and India.
Tue, Feb 15, 2022
Gold price fell below Rs 49,500 on MCX, a drop by more than Rs 500. The global market slipped below $1860. Heavy selling was witnessed in silver too, fell by more than Rs 1200, the price on Comex fell by 2%.
The rupee snapped its four-day losing streak to close 29 paise higher at 75.31 (provisional) against the US dollar on Tuesday.
European stocks began marginally higher on Tuesday, while the dollar dropped, and gold was just below an 8-month high as investors remained concerned about the prospect of Russia invading Ukraine, as reported by Reuters.
While the equity markets have witnessed losses across the globe, the commodity markets are not without high action. Crude oil is at a 7-year high, Ashish Chaturvedi, Research Analyst at Zee Business reports.
Fri, Feb 11, 2022
State-owned Oil India Ltd on Friday reported 37 percent jump in third quarter net profit as it benefitted from a rise in international oil prices.
Suhail Sameer has written a letter to disgruntled employees, saying that there are some "serious allegations" based on internal complaints which are being reviewed and they must keep their faith in the Board.
Wed, Feb 09, 2022
Startup consulting and SaaS firm xto10x Technologies on Wednesday said it has raised USD 25 million (about Rs 186.9 crore) in funding led by its co-founder Binny Bansal.
Tue, Feb 08, 2022
Gold price in the national capital on Tuesday rallied by Rs 144 to Rs 48,167 per 10 grams.
Mon, Feb 07, 2022
I continue to be optimistic from a growth perspective with regard to the markets and think that bottom-up stock picking and portfolio sizing would drive the returns, said Naveen Chandramohan.
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