Search Results for: currency

Experts predict volatility in Indian rupee likely to persist in the short term

Sujan Hajra, Chief Economist and Executive Director, Anand Rathi Shares and Stock Brokers, said from Rs 73 per dollar in April 2021, recently rupee moved below Rs 80 per dollar

Sep 10, 2022

India's external debt of $620 billion is sustainable, defends Finance Ministry

In a recent report, the Department of Economic Affairs said the country's external debt continues to be sustainable and prudently managed.

Sep 5, 2022

Reliance Retail appointing super-stockists to distribute its private label products in multiple FMCG categories

In its AGM held on August 29, 2022, Reliance Retail announced its foray into the FMCG business, by developing and delivering high quality products at affordable pricing

Sep 4, 2022

Britain slips behind India, ranks 6th biggest economy now as per IMF data

The calculation is based in US dollars, and India extended its lead in the first quarter, according to GDP figures from the International Monetary Fund.

Sep 3, 2022

Forex reserves dip by $3 billion, fall in foreign currency assets cited

Foreign currency assets fell by $2.571 billion to $498.645 billion during the reporting week.

Sep 3, 2022

india, forex reserves, rbi, fcnr deposits, rupee, us dollar, demonetisation, global uncertainty

Forex: Rupee falls 11 paise at 79.56 against US dollar

Dollar index, which gauges the the strength of greenback against the basket of six major currencies were at 109.037.

Sep 2, 2022

PlayStation 5 price hike: This is how much Sony's gaming console costs in your country [details]

Japanese tech giant Sony on Thursday said that it is increasing the price of PlayStation 5 (PS5) in select markets due to the global economic environment, including high inflation rates.

Aug 25, 2022

indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

Gunman holds Beirut bank hostage to withdraw his own money; gets only $30K out of $200K [details]

The six-hour hostage standoff in Beirut bank has shown the world the desperation and struggle of the common people of Lebanon.

Aug 12, 2022

Ten crypto exchanges under ED lens; summons issued [details]

As many as ten crypto exchanges were under the lens of the Enforcement Directorate (ED) for their alleged involvement in money laundering of around Rs 10 billion.

Aug 11, 2022

Forex: India's forex reserves rises after 4 weeks of fall

India's forex reserves rose around $2.4 billion during the week ending July 29 after falling for the four consecutive weeks. The rise was seen on back of positive inflows by the foreign investors in the Indian equity market.

Aug 6, 2022

Drug peddling gang operating in metro cities busted; K'taka police seize Rs 2cr drug substances

The Karnataka police on Tuesday claimed to have busted a drug peddling gang which procured and supplied drugs at the clients' doorsteps by using dark net, crypto currency and messenger applications such as Instagram, Telegram in the metro cities.

Aug 2, 2022

Facebook revenue drops for 1st time in its history; poor growth ahead [details]

Facebook has reported loss in revenue in the June quarter for the first time since going public in 2007, predicting that growth in the third quarter could fall even more.

Jul 28, 2022

The Indian Institute of Technology (IIT), Kanpur.

NIRMAN Accelerator Programme: IIT-K to aid startups engaged in health, agriculture domains

Startup Incubation and Innovation Centre, the technology business incubator at IIT Kanpur, is launching the NIRMAN Accelerator Programme, supported by the Department of Science and Technology, Government of India.

Jul 24, 2022

Rupee to slip on expensive crude oil, FII funds' outflow

Here's how the weakening Rupee will affect Indian consumers

A lower rupee will increase the cost of importing products because payments for those goods must be paid in dollars.

Jul 16, 2022

India's external debt of $620.7 billion not a cause to worry, say experts

Of $620.7 billion, $490 billion is non-government and the share of government is only $130.8 billion, said experts.

Jul 13, 2022

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