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Home  Business

Business

Rupee rises 14 paise against US dollar on stocks rally

Rupee rises 14 paise against US dollar on stocks rally

  • RBI’s returns from investments set to jump by USD 6-8 bn in FY24

    For the week to July 7, the forex reserves rose by USD 1.23 billion to USD 596.3 billion, but still vastly down from the USD 645 billion peak
  • Swiggy introduces ‘Network Expansion Insights’ to facilitate restaurant partner expansion

    Over 100 Swiggy partners have already used the Network Expansion Insights dashboard
  • Import restrictions on gold jewellery not applicable for SEZ units

    Government has clarified that import restrictions on certain gold jewellery and articles are not applicable for units in the special economic zones
  • Rising tomato prices received widespread attention as it has taken toll on households’ budgets: RBI article

    In recent weeks, the price of tomatoes has soared to up to Rs 250 per kilogram, mainly due to crop damage
  • Digital competition law panel likely to finalise its report next month, says official

    Chaired by Corporate Affairs Secretary Manoj Govil, the committee, which has been given more time to finalise its report
  • Central Bank shares jump 4 pc on back of strong Q1 show

    The stock climbed 4.02 per cent to settle at Rs 31.59 on the BSE. During the day, it zoomed 7.30 per cent to Rs 32.59
  • Reliance Brands to acquire Alia Bhatt-promoted kidswear brand Ed-a-Mamma

    Talks between Reliance Brands and the kidswear retailer, which mainly sells online are in the final stages, the industry source said
  • Sensex, Nifty scale new lifetime highs on FII buying, better Q1 show

    The 30-share BSE Sensex jumped 529.03 points or 0.80 per cent to settle at its new all-time closing high of 66,589.93
  • Tesla emerges as the most sought-after car brand globally, says report

    Tesla came out as the car brand people are looking to buy the most across the world, topping the tables as the most Googled car for sale in 39 countries.
  • Swiggy introduces innovative tool enabling restaurants to expand outlets

    Restaurants can now use this data-driven dashboard to gain valuable insights from Swiggy's extensive platform data to pinpoint the ideal location for their next outlet.
  • Rupee rises 6 paise to 82.11 against US dollar in early trade

    A surge in crude oil prices capped sharp gains for the local unit, forex traders said.
  • Indian stock indices extend gains, touch fresh all-time highs

    Sensex and Nifty were 0.2 per cent higher each at 66,197 points and 19,619 points at the time of writing this report. Sensex reached 66,214 points in early trade today.
  • BMW India posts record car sales at 5,867 units in first half of 2023

    In the first half of the year, the group sold 5,476 units of BMW branded vehicles and 391 units of MINI, its highest ever half-yearly sales in India.
  • Don’t let 2G overhang influence space spectrum allocation: ISpA

    ISpA made a strong pitch for administrative allocation of space-based spectrum, saying the overhang of the 2G spectrum row should not be a deterrence
  • Govt urges taxpayers to file returns as July 31 deadline won’t be extended

    The government has urged the taxpayers to file their income tax returns before July 31, 2023 to avoid the last minute rush
  • FPIs continue to bet on Indian equities; infuse Rs 30,600 cr in first fortnight of July

    With this, inflow in the equity market reached Rs 1.07 lakh crore so far this year, data with the depositories showed
  • After Rakesh Jhunjhunwala’s passing, net worth dropped for two consecutive quarters under Rare team

    The management team at Rare Enterprises made changes to the portfolio by adding new stocks and reducing stakes in others.
  • Tomatoes to be sold at Rs 80 per kg from on Sunday across country, says govt

    "After a re-assessment of the situation from across 500 plus points in the country, it has been decided to sell tomatoes at Rs 80 per kg from today, July 16th, 2023," the ministry said.
  • RBI, CBUAE sign pacts to promote use of rupee, UAE dirham for cross-border transactions

    The agreements were exchanged between the two governors, in the presence of the Prime Minister of India Narendra Modi and Sheikh Mohamed Bin Zayed Al Nahyan
  • Reverse 28% GST, segregate skill gaming from gambling: 127 gaming leaders to govt

    “Further, this decision will encourage illegal offshore gambling operators, drive Indian users to them and ultimately lead to neither optimal tax collection nor the growth of the legitimate industry,” the letter read.
  • Motorola razr40 ultra and razr40: The Slimmest, Gapless and Nearly Creaseless Flip Phones to Go on Sale Starting 15th July

    Motorola, India's best 5G smartphone brand, and the pioneer of the flip phones disrupted the Indian smartphone market with the launch of the razr40 ultra and razr40.
  • Apply for a Flexi Loan on Bajaj Markets to Manage Financial Needs

    One can access affordable and cost-effective Flexi Loans on Bajaj Markets, a subsidiary of Bajaj Finserv.
  • Samsung Galaxy M34 5G now available for sale

    The device features a 6.5-inch Full HD+ Super AMOLED display with 1000 nits peak brightness.
  • Dassault Aviation confirms India’s selection of 26 Rafale fighters for Navy

    According to French aerospace company, Dassault Aviation, 26 Rafale fighters for the Indian Navy will add to the 36 advanced fighters that are already in service.
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