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Home  Business

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Rupee falls 12 paise to 79.25 against US dollar in early trade

Rupee falls 12 paise to 79.25 against US dollar in early trade

  • Sensex climbs 448 points in early trade amid firm global market trends

    Mumbai: Market benchmarks started the trade on a positive note on Friday, with the Sensex climbing 448.68 points, mirroring a bullish trend in global equity markets. The 30-share BSE benchmark advanced 448.68 points to 54,627.14 in early deals. The broader NSE Nifty went higher by 142.6 points to 16,275.50. From the Sensex pack, Larsen & […]
  • Sensex climbs nearly 500 points in early trade; Nifty above 16,000

    Mumbai: The benchmark indices, Nifty and Sensex, opened higher on Thursday following positive trends in global equity markets. The 30-share BSE benchmark index climbed 498.77 points to 54,249.74 in early trade. The NSE Nifty advanced 149.7 points to 16,139.50. Among the Sensex pack, Titan, PowerGrid, M&M, Asian Paints, Kotak Mahindra Bank, Wipro and ICICI Bank […]
  • Rupee falls 12 paise to 79.06 against US dollar in early trade

    Mumbai: The rupee depreciated 12 paise to 79.06 against the US dollar in early trade on Thursday as the hawkish stance of the US Federal Reserve increased the possibility of another rate hike this month. However, the steps announced by the Reserve Bank of India (RBI) on Wednesday limited the depreciation bias in the rupee, […]
  • Telangana gets major investment as Safran decides to set up MRO in Hyderabad

    Hyderabad: Safran Group, the French multinational company that designs, develops and manufactures aircraft engines, rocket engines as well as various aerospace and defense-related equipment or their components, has decided to set up its MRO facility in Hyderabad. It will come up with an initial investment of $ 150 million (about Rs 1,185 crore). The new […]
  • Ola likely to lay off up to 500 employees in cost-cutting exercise

    New Delhi: As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is planning to lay off up to 500 employees across departments as it aims to cut cost and streamline operations amid the ongoing funding winter. According to reliable sources, SoftBank-backed Ola has asked senior executives to find employees in their teams […]
  • BharatPe back on track after Ashneer controversy, records 112% growth

    New Delhi: Leaving the Ashneer Grover controversy behind, fintech platform BharatPe has closed one of the highest growth quarters in its history, facilitating over Rs 3,600 crore in loans in the first quarter (April-June period) of FY23. This is a growth of 112 per cent over the last quarter. BharatPe said it also reached an […]
  • Indian stock indices gain in early trade, Sensex up 0.5 pc

    New Delhi: Indian stock indices traded higher in early trade on Wednesday, primarily due to the latest sharp drop in global crude prices. Global crude prices declined to $100 per barrel on Wednesday, in comparison to $110 on Monday. The crude has been trading over the psychological benchmark of $100 per barrel ever since Russia’s […]
  • Rupee rises 9 paise to 79.24 against US dollar in early trade

    Mumbai: Recovering from its record low level, the rupee appreciated 9 paise to 79.24 against the US dollar in early trade on Wednesday. At the interbank foreign exchange, the rupee opened at 79.29 against the American dollar. In initial trade, the local currency witnessed a high of 79.24 and a low of 79.31 against the […]
  • Domestic LPG cylinder gets dearer by Rs 50

    Delhi: Cost of domestic liquid petroleum gas cylinders weighing 14.2 kilogram will get dearer from Wednesday as their prices have been raised by Rs 50 per unit. In the national capital Delhi, it will now cost Rs 1,053 per unit. Besides, in Kolkata, Mumbai, and Chennai, it will be priced at Rs 1,079, Rs 1,052.5, […]
  • Hyderabad-based Medley Medical Solutions launches virtual clinics

    Hyderabad: City-based Medley Medical Solutions, a B2B and B2C healthcare player, launched its virtual clinics under the branded ‘Ananda E-Clinics’. Under this, it allows local pharmacies to offer virtual clinics and facilitate online doctor consultations with patients. The kiosk set up can be set up in mid and large sized stores. “Ananda E-Clinic is a […]
  • Rupee plunges by 41 paise to record low of 79.36 against US dollar

    Mumbai: The rupee fell by 41 paise to close at a fresh lifetime low of 79.36 (provisional) against the US dollar on Tuesday amid a strong greenback overseas and unrelenting foreign fund outflows. At the interbank forex market, the local unit opened at 79.04 against the greenback and witnessed an intra-day high of 79.02 and […]
  • Crude oil futures decline on low demand

    New Delhi: Crude oil futures on Tuesday declined by 0.46 per cent to Rs 8,682 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for July delivery fell by Rs 40 or 0.46 per cent to Rs 8,682 per barrel with a business volume of 6,186 lots. […]
  • Zomato shares tumble over 20 pc since it announced Blinkit acquisition

    New Delhi: Food aggregator Zomato announcement of the acquisition of instant delivery service platform Blinkit has not gone down well with the investors as the former’s shares tumbled over 20 per cent since the announcement. The food aggregator company Zomato’s Board of Directors on June 24 approved a proposal to acquire the cash-strapped quick commerce […]
  • Sensex climbs nearly 160 points in early trade

    Mumbai: The BSE benchmark index Sensex climbed nearly 160 points in early trade on Monday, tracking gains in index majors RIL, ICICI Bank and ITC amid a mixed trend in global markets. The BSE benchmark was trading with a gain of 159.56 points at 53,067.49 in early trade. The NSE Nifty also went higher by […]
  • Rupee falls 9 paise to 79.03 against US dollar in early trade

    Mumbai: The rupee depreciated 9 paise to 79.03 against the US dollar in opening trade on Monday, as persistent foreign funds outflows weighed on investor sentiments. Forex traders said the weakness of crude oil prices is supporting the local unit. However, inflation and growth worries in India and globally could cap the appreciation bias, they […]
  • Telangana govt bags Nasscom’s AI Game Changer award 2022

    Hyderabad: Telangana Government’s Electronic Services Delivery, IT E&C department bagged the prestigious Nasscom’s AI Game Changer award 2022 for introducing “Presenceless contactless renewal of driving license anytime anywhere through smartphone using AI, Machine Learning (ML) and Deep Learning” The departments have been presented with the Nasscom title ‘Exemplar’ for their use case on revolutionarising service […]
  • Tesla delivers over 250K EVs globally in Q2

    San Francisco: Despite several supply chain challenges and factory shutdowns, Elon Musk-owned electric vehicle company Tesla has delivered 2,54,695 EVs globally in the second quarter of 2022. The company also said that June 2022 was the highest vehicle production month in Tesla’s history. “In the second quarter, we produced over 2,58,000 vehicles and delivered over 2,54,000 […]
  • Ola Electric slips to 4th spot as EV registrations fall amid fire fears

    New Delhi: As customers delay purchasing electric two-wheelers amid fire incidents, Ola Electric again saw its registration dipping in the month of June, taking the company to fourth place in the overall category. Bhavish Aggarwal-run Ola Electric saw 5,869 electric scooters’ registrations (as of June 30), according to the VAHAN data. The June tally for EV […]
  • OnePlus Nord 2T debuts in India

    Washington: The OnePlus Nord 2T launched in May debuted in India. It has two memory configurations, 8GB/128GB and 12GB/256GB, and is available in Gray Shadow and Jade Fog hues. According to GSM Arena, these versions cost INR 28,999 (USD 365/USD 350) and INR 33,999 (USD 430/USD 410), respectively. Starting on July 5, you may purchase […]
  • OnePlus 10RT receives certification on its way to India

    Washington: The BIS certifications required for the OnePlus 10RT to be sold in India appear to have now been granted. According to GSM Arena, the OnePlus 10RT, which is widely believed to be the subject of this operation, has the model number CPH2413. It has a 120 Hz AMOLED touchscreen, a 16 MP front-facing camera, […]
  • See what Bill Gates’ resume looked like 48 years ago

    New Delhi: It is often said that having a good resume helps you land your dream job. In fact, your resume is the first thing that companies ask for when you inquire about jobs. While there are many websites and consultants who could help you build a good resume, let’s take a cue from Bill […]
  • Rising home loan rates hit buyers

    Hyderabad: After almost a decade, the real estate sector was able to stabilise its property prices in 2019 with home loan rates going down and the purchasing power of buyers growing. However, in the last two quarters, the affordability index, which tracks EMI to income ratio, has gone down marginally all thanks to the recent […]
  • Gold prices to go up as import duty raised to 12.5% from 7.5%

    Hyderabad: Be prepared to see the gold prices going up sharply. The Central government has increased the basic import tax on gold by 5% to 12.5% from the earlier 7.5%. With the 2.5% agri cess, the effective duty on gold will be 15%. However, the social welfare surcharge of 0.75% levied earlier is now exempted. […]
  • Bajaj Electronics ‘Biggest Laptop Sale’ in Hyderabad

    Hyderabad: Bajaj Electronics is organising the ‘Biggest Laptop Sale’ featuring top laptop brands and great offers. The offers at the sale include the largest display of laptops and mobiles at best prices, pay Rs 1 and take home any laptop, laptop range starts from Rs.35,900, assured gift on every purchase up to Rs.3990 and instant […]
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