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Image used for representational purpose only. | Photo Credit: Reuters The rupee recovered from its all-time low levels and appreciated by 10 paise to 83.13 against the U.S. dollar in early trade on Friday, tracking a positive trend in domestic equities. Forex traders said the rupee is trading in a narrow range as firm crude…
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Rupee depreciated for the 4th straight day by 9 paise, reaching a lifetime low of 83.22 to the dollar New Delhi: The Rupee depreciated for the fourth straight day and settled 9 paise lower at its lifetime low of 83.22 (provisional) against the US dollar on Thursday amid a firm American currency and elevated crude…
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The Reserve Bank (RBI) resisted a “raid” planned by some in the government to extract ₹2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections, Viral Acharya, who was deputy governor at RBI at that time, has written. This apparently had led to differences between RBI and…
FIIs were net sellers in the capital market on September 7 as they offloaded shares worth ₹3,245.86 crore, according to exchange data. Image for representation purpose only. File | Photo Credit: Reuters The rupee depreciated for the fourth straight day and settled nine9 paise lower at its lifetime low of 83.22 (provisional) against the U.S….
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In the global markets, gold and silver were trading lower. File image for representation. | Photo Credit: NAGARA GOPAL Gold prices fell ₹150 to ₹60,050 per 10 grams in the national capital on Thursday amid weak global cues, according to HDFC Securities. In the previous trade, the precious metal had finished at ₹60,200 per 10…
Stock brokers watch the markets, at a brokerage in Kolkata. Representational image. | Photo Credit: ANI Equity benchmark Sensex climbed over 385 points to reclaim the 66,000 mark on Thursday (September 7), propelled by robust buying in index majors HDFC Bank, L&T and SBI amid a weak trend in global equities. A decline in crude…
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Representational image only. | Photo Credit: Reuters The Centre has sought public comments on the draft guidelines for prevention and regulation of “dark patterns,” on the Internet, particularly in e-commerce platforms. The guidelines include ways to prevent and regulate false urgency, basket sneaking, confirm shaming, forced action, subscription trap and more such “dark patterns”. The…
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The government has sought public comments on draft guidelines for prevention and regulation of “dark patterns” which are nothing but tactics used by online players to deceive customers or manipulate their choices. The draft guidelines, issued by the Consumer Affairs Ministry, list various deceptive practices being adopted by online platforms in the nature of dark…
The rupee fell 2 paise to hit the lowest level of 83.15 against the U.S. dollar in early trade on Thursday amid a strong American currency and elevated crude oil prices. Forex traders said, massive selling of equities by foreign investors in the past few sessions and subdued market sentiment also put pressure on the…
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After a weak beginning, the BSE Sensex further fell by 187.11 points to 65,693.41. The Nifty declined 55.35 points to 19,555.70. File Domestic equity benchmark indices fell in initial trade on September 7 tracking weak global markets and foreign fund outflows. After a weak beginning, the BSE Sensex further fell by 187.11 points to 65,693.41….
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