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Home  Business

Business

Rupee falls 5 paise to close at 82.80 against US dollar

Rupee falls 5 paise to close at 82.80 against US dollar

  • Retail inflation at 5.09 pc in February, almost unchanged from January: Govt data

    Inflation based on the Consumer Price Index (CPI) was at 5.1 per cent in January and 6.44 per cent in February 2023.
  • Gold slips Rs 50; silver jumps Rs 400

    In the international markets, spot gold at COMEX was trading at USD 2,177 per ounce, down USD 3 from the previous close.
  • Markets trade lower on weak global trends

    Following a record-breaking surge, the 30-share BSE Sensex declined by 204.64 points to 73,914.75 due to profit-taking, while the Nifty fell 49.15 points to 22,444.40.
  • Rupee stays steady against dollar in early trade

    The rupee initially started at 82.74 against the dollar in the interbank foreign exchange but quickly recovered to reach 82.64 against the greenback during early trading, marking a 3-paise increase from its previous close.
  • Byju’s partially pays salaries for 20,000 employees

    The company has pledged to settle the outstanding balance as soon as it gains access to the funds from the recently concluded rights issue.
  • Sam Altman to rejoin OpenAI Board of Directors

    The special committee of the OpenAI Board announced the completion of the review, and expressed its full confidence in Altman and Greg Brockman’s ongoing leadership of OpenAI.
  • Three-day CREDAI Hyderabad Property Show inaugurated

    The property show serves as a comprehensive platform for stakeholders across the construction industry, including developers, material vendors, experts, and financial institutions
  • Indi’s forex kitty jumps USD 6.55 bn to USD 625.63 bn

    For the week ended March 1, the foreign currency assets, a major component of the reserves, increased by USD 6.043 billion to USD 554.231 billion, the data said.
  • Stunning family pictures from Anant-Radhika’s pre-wedding festivities

    The Ambani family, dressed in traditional attire, smiled brightly as they posed for a perfect family portrait, including their adorable pet.
  • Flipkart plans to enter quick-commerce business

    The company intends to launch the instant-delivery service in select locations as early as May this year.
  • Sensex, Nifty hit fresh record peaks in early trade

    BSE Sensex Hits Record High of 74,245.17, Nifty Reaches 22,523.65
  • Rupee rises 9 paise to 82.74 against US dollar

    Positive equity markets provided support to the local currency, but its rally was limited by volatile crude oil prices, according to forex traders.
  • Salesforce logs 35 pc YoY growth in new business in India

    Globally, the company registered revenue of $34.9 billion for fiscal 2024, an increase of 11 per cent year-on-year.
  • Nifty hits fresh record highs in volatile trade

    Private banks, IT, and healthcare stocks contributed to the gain in Nifty, Jasani said.
  • Rihanna’s Fenty Beauty enters Indian market

    The beauty brand which was developed in 2017 with a vision of inclusivity and global reach at its core will now become even more accessible to consumers at Nykaa's Cross Border Store starting from March 7, 2024.
  • Bira 91 raises $25 mn to expand manufacturing footprint

    The new investment is part of a $50 million round raised by the company, with participation from its existing investor, Kirin Holdings of Japan, and Tiger Pacific Capital from New York, it said in a statement.
  • Elon Musk wanted ‘absolute control’ of the company: OpenAI

    The ChatGPT maker alleged that Musk wanted “majority equity, initial board control, and to be CEO.”
  • Paytm founder Sharma acknowledges crucial role of regulatory engagement

    While speaking at an event in Japan, Sharma said that ambiguity brings stress to the business.
  • RBI bars JM Financial Products from lending against shares, bonds

    The company shall, however, continue to service its existing loan accounts through the usual collection and recovery process.
  • Survey shows drop in demand for 1BHK units in Hyderabad

    According to the latest data from Anarock's 'Homebuyer Sentiment Report' for the second half of 2023 (July-December), the demand for larger homes is on the rise, marking a significant departure from previous trends.
  • Over two-third of all smallcap stocks have become multibaggers since Covid bottom

    One-third of the companies have outperformed the Nifty Index, while only 10 per cent firms gave negative returns or lost money since the Covid bottom.
  • KTM unveils new colour options for RC and Adventure ranges

    The 2024 KTM 390 Adventure boasts of two new colour options, Gray and White package, even as the a classic Orange and Black combination remains a mainstay.  
  • Flipkart launches its UPI handle to boost India’s digital economy vision

    With Flipkart UPI, users can now set up their own UPI handle for online and offline Merchant transactions within and outside of the Flipkart marketplace.
  • Salaries delayed for Byju’s 20,000 employees

    Last month, we faced challenges due to a lack of capital, and now we are experiencing a delay despite having funds, CEO Byju Raveendran told employees
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