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Home  Business

Business

Rupee drops 5 paise to 85.69 in early trading

Rupee drops 5 paise to 85.69 in early trading

  • Markets begin New Year on sombre note

    Benchmark indices open flat on selling in auto, PSU bank, financial service, pharma shares
  • CBDT extends deadline for filing revised ITR to January 15

    The earlier last date for filing a revised ITR with late fees was December 31
  • Sensex, Nifty end the year with over 8% gains

    In the entire 2024, Sensex jumped 5,898.75 points or 8.16 per cent, and the Nifty surged 1,913.4 points or 8.80 per cent
  • NPCI removes UPI restrictions on WhatsApp Pay

    WhatsApp Pay can now extend UPI services to its entire user base in India
  • Editorial: Profit with people

    Building institutions with compassionate leadership is also crucial to retaining and nurturing talent
  • Samsung increases stake in South Korean startup, Rainbow Robotics

    Become the largest shareholder in the startup as part of its push for advancing robotics technologies including humanoid robots
  • Manufacturing activity in China slows down in December

    Slower growth despite recent stimulus measures and in the face of increasing trade risks
  • China’s manufacturing expands at slower pace in December

    Trump's 10% tariff threat on Chinese goods has raised trade risks for China, the world's largest exporter of goods
  • Adani Wilmar tanks 8% as AEL exists from JV

    Group to sell up to 40.37 crore shares (31.06% stake) to Wilmar at no more than Rs 305 apiece to net Rs 12,314 crore
  • With over $32 billion investments in 2025, India tops in clean energy sector

    Installed capacity crosses 200 gigawatts, expected to increase more quickly than China
  • Gold prices may hit Rs 90,000 per 10 gram in 2025

    Yellow metal hit an all-time high of Rs 82,400 per 10 grams on October 30, silver too gained 30%, surpassing Rs 1 lakh-per kg
  • Rupee opens on weak note, falls 9% to 85.61

    Slowing domestic growth, widening trade deficit, and persistent foreign fund outflows fuel depreciation
  • IT, realty weigh on markets, Sensex down over 400 points in opening trade

    Analysts say markets preparing to move into the New Year with caution due to high uncertainty
  • Ola Electric’s stock falls around 3 per cent after fresh high-level exits

    Chief Marketing Officer Anshul Khandelwal and Suvonil Chatterjee, Chief Technology and Product Officer, step down from their roles citing personal reasons
  • Telangana sees surge in EVs; over 4,000 vehicles registered in last 43 days

    Purchase increases after State government introduces 'Telangana Electric Vehicle & Energy Storage Policy 2020-2030', but officials point to insufficient number of charging stations
  • IndiGo connects City of Joy with Phuket in Thailand, check flight timings

    The new route is set to meet the growing demand for travel between India and Southeast Asia, says a senior AAI official
  • India’s spending spree in villages shrinks urban-rural gap: Survey

    Rural consumption in India continues to grow, narrowing the urban-rural gap in monthly per capita consumption expenditure (MPCE) to 70% in 2023-24, down from 84% in 2011-12. Both rural and urban areas saw increased expenditure, especially on non-food items
  • Hyderabad real estate juggernaut losing steam as sales drop drastically

    Hyderabad’s property market that flourished over the decade, growing leaps and bounds and encompassing wide swaths of hitherto untapped acreages on the city outskirts and beyond, is now in a quandary
  • Banks free to charge over 30% interest on credit card dues

    Supreme Court sets side a sixteen-year-old National Consumer Disputes Redressal Commission verdict, lifts restrictions on interest rates
  • Sensex, Nifty surge in early trade amid rally in buying blue-chip bank stocks

    BSE benchmark Sensex jumps 425.5 points to 78,898.37, NSE Nifty up 123.85 points to 23,851.50
  • IPO allotment delays spark frustration and humor among investors in India

    As Christmas excitement builds, investors eagerly await their IPO allotments. Amid delays, humor and frustration fill social media, with memes and hashtags trending
  • EPFO adds 13.41 lakh members in Oct, Youth enrollment surges to 58.49%

    EPFO saw a net addition of 13.41 lakh members in October, with 58.49% from the 18-25 age group. Female membership grew by 2.12%, reflecting a more inclusive workforce
  • Gold, Silver shine bright: 2024 sees record demand and 30pc price surge

    Global demand for precious metals has surged significantly in 2024. Central banks around the world, including those in emerging markets, have maintained their status as net buyers of gold for over a decade. This year alone, they collectively acquired over 500 tonnes of gold, highlighting their efforts to diversify reserves in response to ongoing economic uncertainties, according to the report.
  • New EV brand ‘Youdha’ autorickshaws launched by Lohia Auto

    The E5 passenger three-wheeler is designed for urban and semi-urban commuting, focusing on space and efficiency, while the E5 cargo model offers a reliable and sustainable solution for logistics
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