Search Results for: depreciating rupee

Import duty on gold increased, may not impact demand or price of this yellow metal

The increase in customs duty on gold will not have any major impact on the precious metal's demand or the price, said a top official of Madras Jewelers and Diamond Merchants Association.

Jul 1, 2022

Forex: Indian rupee slips to 78.68 against US dollar

The increasing global crude oil prices and inflation concern turned slippery for the Indian rupee as it went down against the US dollar on Tuesday.

Jun 28, 2022

Markets to remain choppy in expiry week with range bound movement

The week gone by behaved on expected lines and saw a decent recovery in the markets. It initially began just as a pullback but gathered steam as the week moved on and Dow also chipped in with decent gains.

Jun 26, 2022

SoftBank Group International CEO "Michel Combes" quits in just 5 months, Alex Clavel replacing him

In a surprise move, French businessman Michel Combes, who joined as SoftBank Group International CEO in January this year, has resigned, the company announced on Wednesday.

Jun 22, 2022

Before Stock Markets Open: Optimism high on recovery of Sensex this week

Markets to recover some lost ground, says Arun Kejriwal on equity indices of Indian markets this week

Jun 20, 2022

Pakistan's new finance ministry chief Miftah Ismail

PAK could meet Sri Lanka's fate…; Pakistan finance minister sounds the alarm [details]

Pakistan's finance minister Miftah Ismail demands tough decisions like abolishing subsidies on petroleum products to avoid ending up in a similar position as that of Sri Lanka.

Jun 14, 2022

Odisha EOW asks Google to remove 45 'illegal' loan apps from Play Store

The Odisha Police's Economic Offences Wing has asked Google Inc to immediately remove 45 'fake' loan apps from the Google Play Store.

Jun 10, 2022

Shaktikanta Das, Governor, Reserve Bank of India

RBI's monetary policy meet: Some expectations from the ongoing meet

Though the RBI's raising policy rates in the ongoing monetary policy committee meeting is a "no-brainer", as its Governor Shaktikanta Das said in a recent interview, investors, however, await the actual degree of percentage hike before taking fresh positions and future course of action in the financial markets.

Jun 7, 2022

Indices decline marginally in early trade; Sensex down 148 points [details]

Domestic equity benchmark indices traded marginally lower in opening deals on Wednesday.

Jun 1, 2022

Ford India workers seek good compensation for loss of jobs

About 2,000 workers of Ford India Pvt Ltd's plant near Chennai that will be shutdown soon are hoping for some good news from the management in respect of their severance package

Jun 1, 2022

May go for rate hike in June, will not allow rupee to depreciate: RBI Governor

India's central bank is mulling further rate hikes, said its Governor Shaktikanta Das.He also said the Reserve Bank of India (RBI) will not allow the rupee to depreciate and prevent volatility in the currency market.

May 23, 2022

Pakistan Rupee plunges to Rs 200 per US dollar, historic low reflecting weakening economy

With a fresh decline of Rs 2.1, Pakistan rupee plunged to yet another historic low of Rs 199 against the US dollar during intraday trading, despite suspected intervention by the Central bank.

May 19, 2022

Stock Market: Sensex, Nifty show resilience, open positive after steep fall in previous sessions

Sensex and Nifty show resilience, open in green zone after a steep fall in previous sessions

May 13, 2022

Markets erode Rs 5 lakh Cr on Thursday as equities dovetail

Market cap of all BSE-listed firms fell by Rs 5.25 lakh crore to Rs 241.10 lakh crore against Rs 246.31 lakh crore in the previous session