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The Rupee had settled seven paise lower at 83.45 against the U.S. dollar on April 29. | Photo Credit: The Hindu The Rupee recovered four paise to 83.41 (provisional) against the U.S. dollar on April 29, tracking foreign capital inflows and a strengthening greenback against major crosses overseal. According to forex analysts, the domestic currency…
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Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 3 paise to 83.48 against the U.S. dollar in early trade on April 30 amid a strong American currency against major Asian rivals and an upward movement in the crude oil prices. However, positive sentiment in the domestic equity markets and some inflow…
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From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Motors, UltraTech Cement, HCL Technologies and Nestle were the major gainers. | Photo Credit: Reuters Equity benchmark indices extended their rally in early trade on April 30, following optimism in global markets and fresh foreign fund inflows. The 30-share BSE Sensex climbed 152.31 points to 74,823.59…
Read More “Markets trade firm on global rally, fresh foreign fund inflows” »
Share of personal income tax and indirect tax shows increase Over the last week, during the election campaign, the Congress’ manifesto and the party’s emphasis on social justice and welfare were suddenly thrust into the limelight. Prime Minister Narendra Modi sought to give the Congress’ demand for a caste census and its plans to study…
A logo of the National Bank of Poland NBP (Polish Central Bank) is seen on their building in Warsaw, Poland | Photo Credit: Reuters With steep falls in inflation over and the timing of the first Federal Reserve rate cut pushed back by strong U.S. data, a period of carefree rate easing appears to be…
Read More “Central Europe’s rate-setters have pause for thought” »
Paul Marriott, President, SAP Asia-Pacific and Japan. | Photo Credit: Special arrangement India is uniquely positioned to lead on climate change, drive sustainability and ESG initiatives for the entire Asia Pacific, said Paul Marriott, President, SAP Asia-Pacific and Japan. “The Asian market represents more than 50% of global emissions, and as one of the fastest…
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SLMG Beverages’ plant with total manufacturing capacity of 4,600 bottles per minute has come up with an investment of ₹700 crore. FIle | Photo Credit: Reuters SLMG Beverages Private Ltd., Coca-Cola’s biggest independent bottler in South Asia, said it had nearly fully commissioned it’s biggest ever bottling plant located at Trishundi in Amethi, UP. The last line…
SLMG Beverages’ plant with total manufacturing capacity of 4,600 bottles per minute has come up with an investment of ₹700 crore. FIle | Photo Credit: Reuters SLMG Beverages Private Ltd., Coca-Cola’s biggest independent bottler in South Asia, said it had nearly fully commissioned it’s biggest ever bottling plant located at Trishundi in Amethi, UP. The last line…
In this photo released by Xinhua News Agency, visiting Tesla founder and CEO Elon Musk, left, meets with Chinese Premier Li Qiang in Beijing on April 28, 2024. | Photo Credit: AP Tesla CEO Elon Musk met with a top government leader in the Chinese capital on Sunday, just as the nation’s carmakers are showing…
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The BSE benchmark Sensex tanked 609.28 points or 0.82% to settle at 73,730.16 on Friday. File. | Photo Credit: Reuters Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 level on April 29 on the back of buying in banking and infra shares and a global stocks rally. The…
Read More “Markets rebound sharply on buying in bank stocks firm global trends” »