[ad_1] Image Source : FILE Momentum in the dollar has taken off after hawkish comments from the Federal Open Market Committee (FOMC) meeting minutes. Highlights Rupee depreciated 4 paise to close at 79.88 (provisional) against the US dollar Brent crude futures, the global oil benchmark, advanced 1.53 per cent to USD 97.96 per barrel Foreign…
[ad_1] Image Source : FILE PHOTO Representational image. Highlights The central bank has already hiked the repo rate by 1.40 per cent in three consecutive actions The Germany-based bank said the RBI will respond with a slower pace of rate hikes RBI’s executive director Rajiv Ranjan suggests a similar outcome RBI rate hike: The Reserve…
[ad_1] Image Source : PTI (FILE PHOTO) People examine the Sensex updates on a screen outside the Bombay Stock Exchange (BSE) building. Equity benchmarks continued to remain weak on Monday with the Sensex and Nifty falling over 1 per cent each, dragged down by bank stocks and negative global market trends. The 30-share BSE Sensex, which…
[ad_1] Image Source : FILE PHOTO Earlier, there were rumours that the government might start charging for every transaction. UPI to remain free: The Finance Ministry on Sunday said that UPI would remain free and that the government is not considering levying any charges on it. Earlier, there was a rumour on whether the Modi-led…
[ad_1] Image Source : FILE PHOTO Representational image Highlights Defence Expo 2022 was earlier scheduled to be held in March It will now be held in Gandhinagar in October DefExpo 2022 is in line with the vision of PM Modi to achieve self-reliance in defence Premier defence exhibition Defence Expo-2022, which was postponed in March,…
[ad_1] Image Source : FILE The Ford India will continue to operate its powertrain manufacturing facility by leasing back the land and buildings of the powertrain manufacturing plant from Tata Passenger Electric. Â In line with the earlier announcement, the Tata Passenger Electric Mobility Limited and Ford India Private Limited have inked the Unit Transfer Agreement…
[ad_1] Image Source : PTI Rupee finally settled at 79.64, down 40 paise over its previous close of 79.24. Highlights The rupee fell 40 paise to close at 79.64 against the US dollar It oscillated between a high of 79.45 and a low of 79.65 during the session The dollar index slipped 0.25 per cent…
[ad_1] Image Source : PTI (FILE IMAGE) The country’s foreign exchange reserves rose by $2.315 billion to $573.875 billion during the week ending June 29. India’s forex reserves rose around $2.4 billion during the week ending July 29, after falling for last four consecutive weeks, on back of positive inflows by foreign investors in the…
[ad_1] Image Source : PTI (FILE IMAGE) Vodafone Idea Ltd says the industry needs to raise mobile tariffs at regular intervals. Highlights Telecom operator Vodafone Idea Ltd says the industry operates at unsustainably low prices The joint venture of Aditya Birla Group and Vodafone Group last year got a fresh lifeline The government had extended…
[ad_1] Image Source : FILE PHOTO The demand-supply pattern in Uttar Pradesh East indicated that the bidding activity may be showing signs of winding down, although the situation will be clearer on Sunday morning. The auction of the 5G spectrum capable of offering ultra-high-speed internet garnered bids worth about Rs 1,49,966 crore on the fifth…
