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At the interbank foreign exchange market, the local unit opened at 82.82 and witnessed an intra-day low of 82.91 and a high of 82.82 against the greenback during the trading session. | Photo Credit: The Hindu The Rupee declined by five paise to settle at 82.85 (provisional) against the U.S. dollar on March 13, tracking…
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A file photo of Nepal Prime Minister Pushpa Kamal Dahal | Photo Credit: Reuters Nepal Prime Minister Pushpa Kamal Dahal ‘Prachanda’ won a vote of confidence in Parliament on March 13, as the country struggled to maintain political stability. Prachanda, 69, a former guerilla leader from the Communist Party of Nepal (Maoist Centre) — the…
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Paytm FASTag users can continue to use the existing balance to pay tolls beyond the stipulated date. File | Photo Credit: Reuters National Highways Authority of India (NHAI) has advised Paytm FASTag users to obtain a new FASTag from another bank before March 15 to ensure a smooth travel experience and avoid inconvenience at toll plazas,…
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India’s vegetable oils import registered a fall in February, data from SEA shows. File | Photo Credit: Reuters India’s vegetable oils import fell 13% per cent year-on-year in February to nearly 9.75 lakh tonne, according to industry data. In a statement on March 13, the Solvent Extractors’ Association of India (SEA) said the import of…
File picture of the ITC office building in Kolkata | Photo Credit: Reuters Shares of ITC were in the limelight on Wednesday, climbing nearly 9% and adding ₹32,127.11 crore to its market valuation, amid stake sale news. The stock zoomed 8.59% to ₹439 on the BSE. Shares of the company jumped 8.29% to ₹438 on…
Read More “ITC shares jump nearly 9%; mcap soars by ₹32,127 crore amid reports of stake sale” »
A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai. File | Photo Credit: Reuters India has allowed its central bank to import gold without paying import levies, the government said in a notification issued late on March 12. Indian gold importers need to pay basic customs duty and Agriculture Infrastructure…
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From the Sensex pack, ITC jumped the most by more than 6% per cent. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty climbed in early trade on March 13 amid firm global market trends and continuous foreign fund inflows. Also, heavy buying in ITC added to the overall positive momentum in the equity…
FILE PHOTO: A bird flies by the Vedanta office building in Mumbai August 16, 2010. REUTERS/Danish Siddiqui/File Photo | Photo Credit: Reuters March 12 Indian mining group Vedanta must pay $9.4 million) to Cairn UK Holdings for a delay in paying dividends, the Securities and Exchange Board of India (SEBI) said on March 12. The…
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On March 12, the Rupee consolidated in a narrow range and settled for the day five paise lower at 82.80 against the U.S. dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to 82.85 against the U.S. dollar in early trade on March 13, as the strength of the American currency in the…
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Chief Justice of Pakistan Qazi Faez Isa, right, administers the oath of office to newly elected President Asif Ali Zardari during a ceremony at the Presidential Palace, in Islamabad, Pakistan on March 10, 2024. | Photo Credit: AP Pakistan’s newly-elected President Asif Ali Zardari on March 13 announced that he would not draw any salary…
Read More “Pakistan’s new President Zardari to not take salary; cites economic hardship of people” »
