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A money lender counts Indian rupee currency notes at his shop in Ahmedabad. File | Photo Credit: REUTERS The rupee depreciated 3 paise to settle at 83.23 (provisional) against the U.S. dollar on Wednesday, as a muted trend in domestic equities and sustained foreign fund outflows weighed on investor sentiments. Forex traders said the strength…
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Chandigarh: Punjab excise collections have increased by a whopping 37% in the past financial year, Chief Minister Bhagwant Mann has told Governor Banwarilal Purohit, detailing the sustained growth in revenue under the AAP government. Goods and Services Tax (GST) collections have increased 16.6%, vehicle tax collection 13%, stamps and registration collection 28%, Mr Mann said…
Superdry’s shares jumped 18% to a near two-month high on Wednesday. Bengaluru: Reliance Retail, India’s largest retailer, will buy UK-based Superdry’s licenses and brand assets in three Asian countries for 40 million pounds ($48 million), expanding its tie-ups with foreign brands and giving the struggling UK fashion retailer much-needed funds. Superdry’s shares jumped 18% to…
The rupee depreciated 4 paise to 83.24 against the US dollar in early trade on Wednesday, October 4, 2023, as the strength of the American currency and a weak trend in domestic equities exerted pressure on the local unit. Forex traders said sustained foreign fund outflows further dented investor sentiments. At the interbank foreign exchange,…
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According to a stock analysit, the stock markets may continue to exhibit intra-day volatility ahead of the monetary policy announcement on Friday, October 6. | Photo Credit: The Hindu Equity benchmark indices declined in early trade on Wednesday, October 4, 2023, extending their previous day’s fall, in line with weak global market trends and unabated…
Affordable housing, once considered a sunrise segment of the real estate sector following the Union Government’s promise of “Housing for All” in 2015 and subsequent subsidies under the Prime Minister Awas Yojana has witnessed one of the starkest declines in demand and supply over the past three years mainly in India’s urban areas. According to…
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Gold price tumbled by ₹650 to ₹57,550 per 10 grams in the national capital on Tuesday amid weak global cues, according to HDFC Securities. In the previous trade, the precious metal had ended at ₹58,200 per 10 grams. Silver also nosedived ₹1,800 to ₹71,500 per kilogramme. Gold and silver prices slipped on Comex in the…
The rupee depreciated 15 paise to close at 83.21 (provisional) against the U.S. dollar on Tuesday (October 3), as a strong U.S. dollar and weak domestic equities dented investor sentiments. Forex traders said muted domestic macroeconomic data and sustained FII outflows also mounted downside pressure on rupee. At the interbank foreign exchange market, the local…
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Equity benchmark indices Sensex and Nifty declined on Tuesday amid unabated foreign fund outflows and sluggish Asian market cues. Fall in index majors HDFC Bank and Reliance Industries also dragged the benchmark indices lower. The 30-share BSE Sensex declined 316.31 points or 0.48% to settle at 65,512.10. During the day, it fell 483.82 points or…
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Razorpay Magic Checkout simplifies the final checkout process of online shopping New Delhi: When visiting an e-commerce website or an online store, a customer expects a hassle-free process to view, choose, add items to the cart and finally complete the checkout process to place the order. As the last step in the purchase journey, checkout…
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