[ad_1] Image Source : PTI Rupee falls 7 paise to all-time low of 80.05 against US dollar in early trade Highlights At the interbank foreign exchange, the rupee opened at 80 against the American dollar It then lost ground to quote at 80.05, registering a fall of 7 paise from the last close In initial…
[ad_1] Image Source : FILE PHOTO The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.50 per cent down at 107.52. Highlights The rupee recovered some lost ground and closed at 79.97 recording a fall of 15 paise The local unit slid to an all-time low level of…
[ad_1] Image Source : FILE PHOTO New GST rates: Here’s what will get expensive after Centre’s 5% hike from today Single packages of food items like cereals, pulses and flour that are weighing up to 25 kg will be liable for five per cent under the new Goods and Service Tax (GST) rates, the Central…
[ad_1] Image Source : FILE PHOTO Deposit growth came in at 19.2 percent, the bank said, adding that it added 2.6 million liability relationships during the quarter. Highlights On a standalone basis, its net profit increased to Rs 9,195.99 crore from Rs 7,729.64 crore The core net interest margin (NIM) stood at 4 percent Gross…
[ad_1] Image Source : AP/FILE International oil prices have softened since on fears of recession in major economies. Oil prices are at pre-Ukraine war levels. Jet fuel prices were reduced by 2.2% on Saturday after a fall in international oil prices. Aviation turbine fuel (ATF) prices were cut by Rs 3,084.94 per kilolitre, or 2.2 per…
[ad_1] Image Source : @SULAVINEYARDS Sula Vineyard is the market leader for all wines including red, white and sparkling wines across the country. Sula Vineyards, the largest wine producer in India, has filed preliminary papers for the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO)….
[ad_1] Image Source : PTI (FILE IMAGE) Rupee at life-time low: How is it impacting people Rupee’s historic plunge:Â The Indian rupee nearing 80 to a US dollar will make imports of items from crude oil to electronic goods, overseas education and foreign travel costlier while raising fears that the inflation situation could worsen. The primary…
[ad_1] Image Source : FILE PHOTO Representational image Highlights Rupee edged closer to the historic low of 80-mark against the US dollar Rupee declined by a little over 18 paise to settle at 79.9975 Some of the leading banks such as SBI were already quoting above 80 levels for selling the US dollar Rupee nears…
[ad_1] Image Source : PTI (FILE IMAGE) Rupee drops 9 paise to hit lifetime low of 79.90 against US dollar The rupee declined by 9 paise to settle at a new record low of 79.90 against the US currency on Thursday due to a firm US dollar in overseas markets and capital outflows. A decline…
[ad_1] Image Source : FILE PICTURE Major edible oil makers have promised to reduce the price by up to Rs 10 per litre by next week. Edible oil price news: As global prices fall, the government on Wednesday directed edible oil manufacturers to cut the maximum retail price (MRP) of imported cooking oils by up…
