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Month: June 2024

Rupee rebounds 14 paise to 83.37 against US dollar

Posted on June 5, 2024 By admin
Rupee rebounds 14 paise to 83.37 against US dollar

Photo used for representation purpose only. | Photo Credit: PTI The rupee recovered 14 paise to close at 83.37 (provisional) against the US dollar on June 6, tracking strong buying in domestic equities and lower crude oil prices in international markets. However, a surging greenback against major crosses overseas and fresh foreign fund outflows restricted…

Read More “Rupee rebounds 14 paise to 83.37 against US dollar” »

Business

Stock markets bounce back 3% after bloodbath on value-buying

Posted on June 5, 2024 By admin
Stock markets bounce back 3% after bloodbath on value-buying

A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty made a strong comeback on June 5, rallying over 3% each after facing heavy drubbing in the previous trade on below-expectation poll results. Bouncing back from June 4’s debacle, the 30-share BSE Sensex jumped 2,303.19 points…

Read More “Stock markets bounce back 3% after bloodbath on value-buying” »

Business

Air India in ‘good position’, to retrofit over 100 planes: CEO Campbell Wilson

Posted on June 5, 2024 By admin
Air India in ‘good position’, to retrofit over 100 planes: CEO Campbell Wilson

File picture of Campbell Wilson, MD and CEO of Air India | Photo Credit: R. Ravindran Air India will be retrofitting more than 100 planes, including 40 wide body planes, and has ordered around 25,000 aircraft seats as part of revamping the fleet, its chief Campbell Wilson said on Wednesday. Emphasising that “plenty of things”…

Read More “Air India in ‘good position’, to retrofit over 100 planes: CEO Campbell Wilson” »

Business

Rupee gains 7 paise to 83.44 against U.S. dollar in early trade

Posted on June 5, 2024 By admin
Rupee gains 7 paise to 83.44 against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters The rupee recovered from the lower level and appreciated 7 paise to 83.44 against the U.S. dollar in early trade on June 5, taking cues from domestic equity markets and lower crude oil prices overseas. Forex traders said the rush for value-buying triggered an uptrend in…

Read More “Rupee gains 7 paise to 83.44 against U.S. dollar in early trade” »

Business

Markets bounce back in early trade after massive drop on value-buying at lower levels

Posted on June 5, 2024 By admin
Markets bounce back in early trade after massive drop on value-buying at lower levels

man checks stock market news on the big screen as Sensex opened in the red when counting began on June 4. | Photo Credit: ANI Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on June 5 after facing heavy drubbing in the previous trade as value-buying at lower levels led…

Read More “Markets bounce back in early trade after massive drop on value-buying at lower levels” »

Business

The Science Quiz | Indelible ink

Posted on June 5, 2024 By admin
The Science Quiz | Indelible ink

An election marks a voter’s finger with indelible ink in a polling booth, May 13, 2024. | Photo Credit: Nagara Gopal/The Hindu 1. Name the part of the finger — which appears in the open as an eye-shaped white portion where the fingernail meets the skin — from where it is most difficult to remove…

Read More “The Science Quiz | Indelible ink” »

Science

The bacteria that write new genes to cope with infections

Posted on June 5, 2024 By admin
The bacteria that write new genes to cope with infections

A researcher holds up a plate showing a growth of Klebsiella pneumoniae bacteria from a positive blood culture, December 14, 2019. | Photo Credit: Chiara Marraccini Amid the unprecedented challenges presented by the COVID-19 pandemic, a once obscure enzyme found itself in the spotlight: reverse transcriptase. As laboratories worldwide rushed to develop reliable diagnostic tests,…

Read More “The bacteria that write new genes to cope with infections” »

Science

India’s May palm oil imports reach 4-month high on price drop-dealers

Posted on June 4, 2024 By admin
India’s May palm oil imports reach 4-month high on price drop-dealers

Workers prepare oil palm seedlings at a nursery in Khammam district, Telangana. File | Photo Credit: Reuters India’s palm oil imports rose by 12.4% in May from the previous month to reach the highest level in four months as the recent correction in prices led to higher purchases, five dealers told Reuters. Higher palm oil…

Read More “India’s May palm oil imports reach 4-month high on price drop-dealers” »

Business

Toyota to recall over 100,000 U.S. vehicles over potential engine stall

Posted on June 4, 2024 By admin
Toyota to recall over 100,000 U.S. vehicles over potential engine stall

Image for representation | Photo Credit: Reuters Toyota will recall over 100,000 SUVs and pickup trucks in the U.S. over debris in the engine potentially causing it to stall, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday. The recall includes some Toyota Tundra pickup trucks and Lexus LX600 SUVs equipped with the Japanese…

Read More “Toyota to recall over 100,000 U.S. vehicles over potential engine stall” »

Business

NCLT rejects JAL’s claim of liquidity crunch due to delay in government approvals, litigations

Posted on June 4, 2024 By admin
NCLT rejects JAL’s claim of liquidity crunch due to delay in government approvals, litigations

The NCLT, which on June 3 ordered initiation of insolvency proceedings against Jaiprakash Associates Ltd (JAL), rejected the company’s contention that it faced a liquidity crunch and defaulted on debt repayments mainly due to delays in government approvals and prolonged litigation concerning land acquisition for Yamuna Expressway and change in government policies. It has been…

Read More “NCLT rejects JAL’s claim of liquidity crunch due to delay in government approvals, litigations” »

Business

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