Search Results for: US dollar

People rest at a temporary settlement site near Mariupol, Ukraine, March 17, 2022.

Ukraine War: IAEA chief rushes to Kyiv amid nuclear fears; Conflict caused $1 trillion loss, says PM

The cost of direct damage to Ukraine's public buildings, bridges, roads, civilian and military infrastructure caused by the attacks is estimated at about 270 billion dollars, says Ukraine PM Denys Shmyhal

Mar 30, 2022

Gold, asset devaluation pulls India's forex reserve down by $2.597 bn

Devaluation of gold and other asset classes pulled India's foreign exchange reserves lower by $2.597 billion during the week that ended on March 18.

Mar 26, 2022

An employee refills petrol in a vehicle at a petrol pump (File photo)

Fuel prices raised again for 2nd consecutive day, petrol costs Rs 111.67 per litre in Mumbai

Despite Opposition's uproar in parliament yesterday, state-owned oil marketing companies on Wednesday raised petrol and diesel prices for the second consecutive day,

Mar 23, 2022

Inflationary Blow: Petrol, diesel prices raised after 4 months; Petrol costs Rs.95 and diesel Rs.110.82 per litre in Mumbai

State-owned oil marketing companies (OMC) on Tuesday raised petrol and diesel prices after more than four months of stable rates.

Mar 22, 2022

Back to life: Now, half of the population from Bhagat Singh's ancestral village live offshore!

When legendary freedom fighter Bhagat Singh laid down his life for the country's Independence, there was no way he could have known that people from his village would exercise freedom to settle abroad for greener pastures decades later.

Mar 14, 2022

First Covid and now Ukraine, global markets reel under blow after blow [details]

The Government of India and the RBI too will need to balance the growth-inflation paradox even as the fiscal math presented in the Feb'22 Union Budget comes under pressure in the ever-changing global macro backdrop.

Mar 13, 2022

Inflationary fears: Rupee hits record low at over 77 to USD

High commodity prices as well as outflow of foreign funds from equity markets dragged Indian rupee to a new record low against the US Dollar.

Mar 7, 2022

The BharatPe Saga: How an astutely run business venture came apart

Coming from middle-class families, Ashneer Grover and wife Madhuri Jain Grover together built an astute business profile with a net worth of at least Rs 21,300 crore, before a heated and abusive telephone call with a Kotak Mahindra Bank's employee, that went viral in early January, triggered their downfall.

Mar 6, 2022

Sensex opens 900 pts lower as Russia-Ukraine war enters second week, metals on rise

At 10:30 a.m., Sensex was 1.64 per cent or 904 points down at 54,197 points, whereas Nifty was down by 1.68 per cent or 277 points down at 16,220 points

Mar 4, 2022

Ashneer not part of BharatPe; Board slams ex-MD's public remarks, issues clarification [details]

BharatPe, in a statement on Wednesday, said that the Board will not allow the "deplorable conduct of the Grover family to tarnish BharatPe's reputation or that of its hard-working employees and world-class technology."

Mar 2, 2022

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Brent crude prices surge above $110 per barrel

Concerns over lower supply amid escalating Russia-Ukraine conflict pushed up global crude oil prices to $110 per barrel on Tuesday.

Mar 2, 2022

The main building of Bank of Russia in Moscow, Russia. (Xinhua/Evgeny Sinitsyn/IANS)

As Ruble plunges, Russia imposes foreign shares sale ban

Russia's central bank says it has ordered brokers to suspend the execution of all orders by foreign legal entities and persons who want to sell off their Russian investments, such as stocks and shares.

Feb 28, 2022

WhatsApp to Grammarly & beyond; Ukraine roots run deep into our lives [see how]

Here are some of the world's most popular technologies and products with Ukrainian roots, giving a grasp of just how much the country has contributed to the field of technology in the last few years.

Feb 25, 2022

Cost of War: Equities, rupee plunge as FIIs pump out over Rs 6K crore

Global headwinds triggered via Russia's attack on Ukraine heavily dented India's domestic equity markets as well as the rupee on Thursday.