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Home  Business

Business

Rupee hits all-time low of 83.23 against US dollar

Rupee hits all-time low of 83.23 against US dollar

  • Gold futures fall on low demand

    On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 95 or 0.16 per cent to Rs 58,993 per 10 grams in a business turnover of 11,994 lots.
  • Indian aviation sector to grow 8-13 per cent in FY24: ICRA

    Credit rating agency ICRA predicts the domestic air passenger traffic to grow at 8-13 per cent in FY24 to touch 150-155 million
  • India removes additional duties on certain US products

    India has removed additional duties on about half a dozen US products, including chickpeas, lentils and apples, which were imposed in 2019
  • SEBI mandates payment to Investor Protection and Education Fund only through online mode

    SEBI has said that payments to the SEBI Investor Protection and Education Fund (IPEF) account can now be made only through online mode
  • Silver likely to touch Rs 85,000 in next 12 months

    The momentum in silver is likely to continue, and could add another 15 per cent over the next few quarters, says a report by Motilal Oswal Financial Services
  • Govt seeks public comments on draft guidelines for regulation of dark patterns on online platforms

    The government has sought public comments on draft guidelines for prevention and regulation of "dark patterns" which are nothing but tactics used by online players to deceive customers
  • Rupee falls 2 paise to hit lowest level of 83.15 against US dollar in early trade

    The rupee fell 2 paise to hit the lowest level of 83.15 against the US dollar in early trade on Thursday amid a strong American currency and elevated crude oil prices
  • Tata Consumer Products, Haldiram’s say no negotiations on stake purchase

    "The company is not in negotiations as reported" to acquire Haldiram's," TCPL said in a regulatory filing.
  • Zoho crosses 10 crore users globally

    Zoho has become the first bootstrapped SaaS company to reach the milestone, the firm said in a statement.
  • NPCI launches new products; users can now make voice-enabled UPI payments

    The NPCI on Wednesday launched a slew of new payment options on popular payments platform UPI, including conversational transactions.
  • RBI mulls handing over frictionless credit platform to private company: Das

    According to Das, the banks and non-bank finance companies can continue with their lending activities even after RBI hands over the platform.
  • Oil nears $90 for first time in 2023, reduces chances of a petrol, diesel price change in India

    Oil prices hit a 10-month high of nearly USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year
  • Working on with health insurers to ensure 100 pc cashless claim settlement soon: IRDAI

    Currently cashless claim process is tiresome and insurers deduct 10 per cent or more from the total billing in the name of consumables and other heads.
  • SpiceJet shares rally 20 per cent; hit upper circuit limit

    On Monday, SpiceJet announced the allotment of 4.81 crore equity shares on a preferential basis to nine of its aircraft lessors to clear outstanding dues of Rs 231 crore
  • Rupee falls 10 paise to close at all-time low of 83.14 against US dollar

    Forex traders said the Indian rupee depreciated on Wednesday as the US dollar rose to the highest levels in six months.
  • Investors will have faster cash in hand as SEBI plans one hour trade settlement

    Rishi Agrawal, CEO and Co-Founder, Teamlease RegTech said the change is great news for investors. In the T+1 settlement cycle, liquidity becomes available in a couple of days.
  • Gold futures fall on low demand

    Gold prices on Wednesday fell by Rs 15 to Rs 59,228 per 10 grams in futures trade as speculators reduced their positions.
  • Silver futures decline to Rs 73,280 per kg

    Silver futures on Wednesday dropped Rs 165 to Rs 73,280 per kilogram as participants reduced their bets.
  • Markets decline in early trade on weak global cues, foreign fund outflows

    The BSE Sensex declined 45.66 points to 65,734.60 in early trade. The Nifty slipped 12.75 points to 19,562.15.
  • Rupee falls 5 paise to 83.09 against US dollar

    Forex traders said the rupee is trading lower on strong dollar and sustained foreign fund outflows over the past few days.
  • NCLT suggests SpiceJet settle issues with aircraft lessors

    The tribunal's suggestion came against the backdrop of the crisis-hit carrier issuing shares in lieu of dues to nine aircraft lessors
  • Almost 7 crore income tax returns filed till Sep 5, says govt

    There are about 12 lakh verified ITRs in which further information has been sought by the income tax department, for which requisite communication has been sent to the taxpayers through their registered e-filing accounts.
  • RBI considering introduction of CBDC in call money market soon

    BBPS (Bharat Bill Payment System) cross-border bill payment will highlight the adaptability of the BBPS platform to integrate with fintechs and conventional financial players to facilitate domestic as well as cross-border payment transactions.
  • Aug inflation number likely to remain high; moderation expected from Sep

    Last week, RBI Governor Shaktikanta Das also said that the central bank expects inflation to moderate from September onwards
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