Business

The rupee dropped 6 paise to 83.18 (provisional) against the US dollar on Monday due to sharp losses in local stocks and US bond yields surging to 5 per cent

The prevailing perspective doesn't foresee a drop beyond this point for now. It's suggested that we either see a consolidation at this level or a clear push above the 19,550 region to indicate a recovery, he mentioned

The upcoming series, comprising Tab A9 and Tab A9+, will be offered in three vibrant colors: Graphite, Silver, and Navy. These will hit the market for purchase starting October 23rd.

In the opening trade, the 30-share BSE Sensex started with a 56.3 point increase, reaching 65,453.92. The Nifty also saw a gain of 14.2 points, rising to 19,556.85.

A correction in crude oil prices and firm domestic stock markets in opening trade capped the losses of the rupee, according to forex dealers.

FPIs have been selling across the board in sectors like financials, power, FMCG and IT. Selling was subdued in automobiles and capital goods

The penalty has been levied by the RBI under the relevant sections of the Reserve Bank of India Act, 1934

The report estimated that the Flipkart group, comprising Flipkart, Myntra and Shopsy, led the sales in the first week with around 63 per cent share in gross merchandise value (GMV), implying business of about Rs 29,610 crore, according to the report by market research firm Redseer Strategy Consultants.

In August, Softbank pared a 1.16 per cent stake in Zomato for Rs 947 crore through an open market transaction.

“Demand has risen in recent years as it is a raw material used for electric vehicle batteries,” the report mentioned.

Accordingly, the Recovery Time Objective -- the maximum time taken to restore operations of 'Critical Systems' from DRS after the declaration of Disaster -- will be 45 minutes.

Relative economic/earnings growth is improving and the macro-stability setup looks sufficient to withstand the higher real rate environment.

Prior to that, Gold ETFs saw an inflow to the tune of Rs 298 crore during the April-June period after three quarters of consecutive outflow.

Fresh positions built up by participants led to the rise in gold prices, analysts said.

Governor Das Addresses Delhi Gathering, Notes Economic Complexity and Strong Dollar Index

Governor Das discussed the multifaceted challenges confronting the global economy, emphasizing the intricate balance required in policymaking

Negative equity market sentiment and a strong dollar also weighed on the Indian currency, forex traders said

Equity benchmark indices fell in early trade on Friday due to weak trends in global markets and soaring crude oil prices

Declaring a second interim dividend of Rs 140 per share of Rs 10 each, Nestle also said it would split each equity share into fully paid 10 share.

PAT grew by 10.3 per cent YoY to Rs 4,927 crore. Earnings Per Share for the quarter stood at Rs 3.96 (previous year Rs 3.61).

In an article on the state of economy, the bulletin said that in India, a broad-based gaining of momentum is discernible in high frequency indicators.

Nifty concluded on a downbeat tone, following the lead of the global market, with the majority of sectoral indices also doing so, said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio

During the January-September period, the fashion & apparel sector's share in leasing stood at 34 per cent, home & department stores at 17 per cent, and food and beverage at 13 per cent.

This segment is doing well and the valuations are fair, even attractive. BSE Sensex is down 334 points at 65,542 points on Thursday