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Home  Business

Business

Rupee drops to 83.50 against US dollar

Rupee drops to 83.50 against US dollar

  • After witnessing bloodbath on June 4, markets open at fresh all-time highs

    Sensex hits record high at 76,960.96 points, Nifty at 23,411.90 points at opening
  • In election result week, Indian startups raised $97.3 million

    Artificial Intelligence-driven, low-code test automation platform Testsigma raised $8.2 million
  • Elon Musk looking forward for ‘exciting work’ in India

    Tech billionaire Elon Musk congratulates Narendra Modi on his historic election victory
  • Sensex hits all-time high after announcement of Modi taking oath as PM

    Nifty 50 index closed positively at 23,267.75, marking a gain of 446.35 points or 1.96 per cent
  • Amazon to acquire some assets of MX Player in $80-100 mn deal

    MX Player is among the top three video players and editors app category and in the top 50 Android apps in terms of usage in India, as per data traffic insights from Similarweb.
  • RBI introduces auto-replenishment for Fastag, NCMC, and UPI Lite wallet

    RBI Governor Shaktikanta Das said on Friday that this will enable customers to automatically replenish the balances in Fastag, NCMC, etc. if the balance goes below the threshold limit set by them. This will enhance convenience in making travel-related payments.
  • Markets rise ahead of RBI monetary policy decision

    The 30-share BSE Sensex rose 254.53 points to 75,329.04 in early trade, while the NSE Nifty increased by 99.4 points to 22,920.80.
  • Rupee rises 6 paise to 83.47 against USD in early trade

    At the interbank foreign exchange market, the rupee opened at 83.46 and then slipped to 83.47 against the dollar, gaining 6 paise from its previous close
  • RBI retains inflation projection for FY25 at 4.5%

    Apex bank emphasises that uncertainties related to food price outlook warrant a close monitoring
  • RBI holds repo rate steady at 6.5% for growth-inflation balance

    RBI Governor Shaktikanta Das: MPC Decides to Maintain Current 6.5% Repo Rate
  • India, South Korea, US, Japan, EU launch Biopharmaceutical Alliance

    Alliance launched in response to drug supply shortages experienced during Covid-19 pandemic
  • Markets extend winning streak for second day

    Sensex Continues Rally: Jumps 696.46 Points; Nifty Climbs 179.15 Points
  • Rupee up 1 paisa to 83.43 against Dollar in early trade

    Forex traders noted that despite an increase in crude oil prices, the Indian currency saw limited gains, with investors exercising caution before the RBI's monetary policy decision on Friday.
  • NSE sets world record; handles 1,971 crore transaction in single day

    Bouncing back from Tuesday's debacle, the 30-share BSE Sensex jumped 2,303.19 points or 3.20 per cent to settle at 74,382.24 on value buying in banking, auto and oil shares.
  • Markets rebound early on value-buying after massive drop

    30-share BSE Sensex makes robust rebound, surges 948.83 points to 73,027.88 in early trade post-Tuesday's sharp decline. NSE Nifty also rises by 247.1 points to 22,131.60.
  • Rupee rises 7 paise to 83.44 against US dollar

    Forex traders attribute uptick in equity markets to value-buying surge, buoying local currency post-election results shortfall.
  • Rupee plunges 45 paise to close at 83.59 against US dollar

    The domestic currency finally closed at 83.59 (provisional) against the dollar, registering a fall of 45 paise from its previous close.
  • Amid mixed results for BJP, shares of all Adani Group firms tumble

    Stock of Adani Ports plummeted 20 per cent, Adani Energy Solutions plunged 19.80 per cent
  • Rupee drops to 83.40 against USD in early trade

    Forex traders noted that early deals were affected by a sluggish trend in domestic equity markets, dampening sentiments.
  • Sensex tanks 3,690 points, erasing Rs 26 lakh crore in investor wealth

    Investors lost nearly Rs 26 lakh crore as equity benchmarks plummeted following early election trends on Saturday.
  • Sensex, Nifty open down 2% on counting day

    Sensex Opens 2.02% Down at 74,924.64; Nifty Starts 2.11% Lower at 22,772.80
  • Sensex, Nifty hit all-time highs on BJP-led NDA’s predicted election victory

    BSE Sensex Soars 2,777.58 Points, Nifty Rallies 808 Points to Hit Record Highs
  • Rupee jumps 38 paise to 83.04 against US dollar

    Forex traders noted that a weak American currency and foreign capital inflows into domestic equities also bolstered the local unit.
  • Zomato asks customers to avoid ordering during peak afternoon hours

    "Please avoid ordering during peak afternoon unless absolutely necessary," Zomato wrote on X.
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