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Category: Business

Business

India’s forex reserves drop $7.27 billion to $594.88 billion

Posted on August 25, 2023 By admin
India’s forex reserves drop $7.27 billion to $594.88 billion

In the previous reporting week, the overall reserves had risen by $708 million to $602.161 billion. | Photo Credit: REUTERS India’s forex reserves dropped by $7.273 billion to $594.888 billion for the week ended August 18, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had risen by $708 million…

Read More “India’s forex reserves drop $7.27 billion to $594.88 billion” »

Business

Rupee snaps three-day rally to settle 13 paise lower at 82.69 against U.S. dollar

Posted on August 25, 2023 By admin
Rupee snaps three-day rally to settle 13 paise lower at 82.69 against U.S. dollar

Image used for representational purpose only. | Photo Credit: Reuters The rupee reversed its three-day rally and depreciated by 13 paise to settle at 82.69 (provisional) against the U.S. dollar on Friday (August 25), tracking strong American currency and negative equity markets. Rising crude oil prices also weighed on the domestic unit even as foreign…

Read More “Rupee snaps three-day rally to settle 13 paise lower at 82.69 against U.S. dollar” »

Business

Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns

Posted on August 25, 2023 By admin
Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns

Bombay Stock Exchange in Mumbai. File | Photo Credit: Vivek Bendre Benchmark Sensex declined by 365 points and Nifty settled below the 19,300 level in a volatile trade on Friday as financials, IT and oil shares took a hit amid concerns over potential rate hikes and weak trend in global markets. Falling for a second…

Read More “Sensex declines by 365 points on selling in financials, IT shares amid rate hike concerns” »

Business

B20 summit | My priority is to tame inflation, says Nirmala Sitharaman

Posted on August 25, 2023 By admin
B20 summit | My priority is to tame inflation, says Nirmala Sitharaman

Union Finance Minister addresses the audience at a Special Plenary Session at the B20 Summit India, in New Delhi on August 25, 2023. Twitter/@nsitharamanoffc Finance Minister Nirmala Sitharaman on August 25 said the government’s priority is to tame inflation to ensure sustained economic growth. Addressing the B20 Summit India, being hosted by the Confederation of…

Read More “B20 summit | My priority is to tame inflation, says Nirmala Sitharaman” »

Business

Rupee falls 12 paise to 82.68 against U.S. dollar in early trade

Posted on August 25, 2023 By admin
Rupee falls 12 paise to 82.68 against U.S. dollar in early trade

Image used for representational purpose only. | Photo Credit: Reuters The rupee snapped its three-day rally and depreciated by 12 paise to 82.68 against the U.S. dollar in early trade on August 26 amid a firm American currency and subdued equity markets. An upward movement in crude prices also weighed on the domestic currency even…

Read More “Rupee falls 12 paise to 82.68 against U.S. dollar in early trade” »

Business

Sensex falls 453 points, Nifty down 126 in early trade

Posted on August 25, 2023 By admin
Sensex falls 453 points, Nifty down 126 in early trade

A traffic signal in the foreground of the Bombay Stock Exchange on Dalal Street seems to reflect the mood of the stock markets in Mumbai. | Photo Credit: The Hindu The equity benchmark indices fell in early trade on Friday, August 25, 2023, amid a weak trend in global markets. The BSE Sensex fell 452.68…

Read More “Sensex falls 453 points, Nifty down 126 in early trade” »

Business

Air India Pilots’ Group Flags Fatigue Concerns Over New Rostering System

Posted on August 24, 2023 By admin
Air India Pilots’ Group Flags Fatigue Concerns Over New Rostering System

The issue of fatigue among pilots is in focus following the death of a pilot recently.(Representational) Mumbai: An Air India pilots’ grouping has raised fatigue concerns in the wake of flight crew rosters generated using a new rostering tool, saying that extended waiting periods between duty time will jeopardise crew alertness and performance. “Extended waiting…

Read More “Air India Pilots’ Group Flags Fatigue Concerns Over New Rostering System” »

Business

Uncovering The 7 Best Sites For Real Followers

Posted on August 24, 2023 By admin
Uncovering The 7 Best Sites For Real Followers

Instagram is a great platform to promote yourself on, especially if you’re looking to become an influencer and have an online career. According to Word Stream Instagram is the third largest social media platform in the US with over 115 million users. If there was ever a platform to become popular on, it would be…

Read More “Uncovering The 7 Best Sites For Real Followers” »

Business

CBI Charges Visa Power For Bank Fraud Of Rs 1,964 Crore: Report

Posted on August 24, 2023 By admin
CBI Charges Visa Power For Bank Fraud Of Rs 1,964 Crore: Report

CBI has registered an FIR against Visa Power and its then chairman Vishambhar Saran. New Delhi: The CBI has registered an FIR against Visa Power and its then chairman Vishambhar Saran in connection with an alleged bank fraud of Rs 1,964 crore, officials told Press Trust of India on Thursday. The action of the agency…

Read More “CBI Charges Visa Power For Bank Fraud Of Rs 1,964 Crore: Report” »

Business

Rupee rises 14 paise to settle at 82.58 against U.S. dollar

Posted on August 24, 2023 By admin
Rupee rises 14 paise to settle at 82.58 against U.S. dollar

The rupee appreciated by 14 paise to settle at 82.58 (provisional) against the U.S. dollar on Thursday, marking its third straight day of gains on the back of softening crude oil prices and foreign funds inflows. The upward trend in the past three sessions led to a gain of 55 paise in the Indian currency,…

Read More “Rupee rises 14 paise to settle at 82.58 against U.S. dollar” »

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