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Rupee rises 4 paise to 73.51 against US dollar in early trade
Mumbai | By Press Trust of India | Posted by Ayshee Bhaduri
PUBLISHED ON DEC 28, 2020 11:03 AM IST
At the interbank forex market, the domestic unit opened at 73.52 against the US dollar, then inched higher to 73.51 against the greenback, registering a rise of 4 paise over its previous close. On Thursday, the rupee had settled at 73.55 against the US dollar.
Rupee rises 5 paise to 73.28 against US dollar in early trade
Mumbai | By Press Trust of India | Posted by Prashasti Singh
PUBLISHED ON OCT 08, 2020 11:32 AM IST
At the interbank forex market, the rupee was trading in a narrow range. It opened at 73.29 against the American currency, gained some ground and touched 73.28, up 5 paise from its previous close.
Brand Factory outlet fined Rs 6.72 lakh in 21 cases of unfair trade
Hindustan Times, Mohali | By Hillary Victor
UPDATED ON AUG 30, 2020 11:21 PM IST
The store will pay Rs 7,000 to the complainant and Rs 25,000 to the legal-aid fund of the consumer disputes redressal commission in each case
Rupee jumps 44 paise to 74.60 against US dollar in early trade
Mumbai | By Press Trust of India
UPDATED ON JUL 03, 2020 02:30 PM IST
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.04 per cent to 97.27.
Rupee slips 23 paise to 75.82 against US dollar in early trade
Mumbai | By Press Trust of India | Posted by Prashasti Singh
PUBLISHED ON JUN 11, 2020 02:09 PM IST
The rupee opened weak at 75.81 at the interbank forex market and fell further to 75.82 against US dollar, down 23 paise over its last close.
Rupee slips 31 paise to 75.89 against US dollar in early trade
Mumbai | By Press Trust of India | Posted by: Prashasti Singh
UPDATED ON MAY 18, 2020 11:06 AM IST
Forex traders said market participants are concerned about the effectiveness of the fiscal stimulus package and the impact of extended nationwide lockdown amid a significant rise in Covid-19 cases on the domestic economy.
Sensex tanks over 1400 points in early trade, Nifty down 360; Yes Bank slips 15%
Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON MAR 06, 2020 10:35 AM IST
Yes Bank’s shares by 15% in early trade following the Reserve Bank of India (RBI) placing it under moratorium late Thursday evening owing to the bank’s weak financials.
US, India at odds over trade as Trump heads for meeting with PM Modi: Officials
Washington | By Reuters
UPDATED ON FEB 22, 2020 04:08 AM IST
U.S. concerns that led last year to the suspension of India’s tariff free access for some $5.6 billion in exports under the 1970s-era Generalized System of Preferences still remain, a senior Trump administration official told reporters on a conference call.
The US is being unfair to India on trade. Resist it
By Prabhash Ranjan
UPDATED ON FEB 21, 2020 04:53 PM IST
The decision to strip India of its ‘developing country’ status, based on a unilateral, arbitrary criteria, is wrong
Nirmala Sitharaman to assess impact of coronavirus outbreak on trade
New Delhi | By Press Trust of India
PUBLISHED ON FEB 16, 2020 08:38 PM IST
The death toll from China’s coronavirus (COVID-19) epidemic climbed to 1,665 on Saturday after 142 more people died, mostly in the worst-hit Hubei Province, and the confirmed cases jumped to 68,500.
North-East India goes to Thailand to promote trade, tourism, culture
New Delhi | By Asian News International
UPDATED ON FEB 05, 2020 10:28 AM IST
North-East India is famous for its exotic destinations and this festival will showcase the best of North-East tourism potential.
Rupee slips 34 paise to 71.66 against US dollar in early trade
Mumbai | By Press Trust of India
UPDATED ON FEB 03, 2020 10:22 AM IST
Finance Minister Nirmala Sitharaman in her Budget 2020 speech pegged the country’s fiscal deficit at 3.8 per cent for the current fiscal, compared to the earlier target of 3.3 per cent of GDP.
Sensex tumbles 285 points on F&O expiry, Nifty closes near 12000 mark
Mumbai | By Press Trust of India
UPDATED ON JAN 30, 2020 04:15 PM IST
After swinging over 550 points during the day, the 30-share BSE index settled at 40,913.82. the broader NSE Nifty closed 93.70 points down at 12,035.80.
India, Brazil set target of USD 15 billion in bilateral trade by 2022
New Delhi | By Press Trust of India
UPDATED ON JAN 25, 2020 07:25 PM IST
The decisions were taken during wide-ranging talks between Prime Minister Narendra Modi and Brazilian President Jair Messias Bolsonaro here.
Brazilian President begins 4-day visit; trade, investment relations in focus
Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON JAN 25, 2020 12:22 AM IST
Bolsonaro, the third Brazilian president to be the chief guest at the celebrations that showcase India’s military might and culture, was accompanied by eight ministers and a large business delegation for the four-day visit.
Sensex ends 227 points higher; Nifty reclaims 12,200
Mumbai | By Press Trust of India
UPDATED ON JAN 24, 2020 04:01 PM IST
The 30-share BSE index settled 0.55 per cent higher at 41,613.19. Likewise, the broader NSE Nifty closed 0.56 per cent up at 12,248.25.
Sensex ends 205 points lower; Nifty slips below 12,200
Mumbai | By Press Trust of India
UPDATED ON JAN 21, 2020 04:00 PM IST
After trading on a volatile note, the 30-share BSE index settled 0.49 per cent lower at 41,323.81. The broader NSE Nifty fell 0.45 per cent to 12,169.85.
TCS Q3 net profit marginally up at Rs 8,118 crore
Mumbai | By Press Trust of India
UPDATED ON JAN 17, 2020 05:33 PM IST
Revenue of the city-based firm grew 6.7 per cent in the quarter under review to Rs 39,854 crore from Rs 37,338 crore in the corresponding period of the last fiscal, the filing added.
Sensex, Nifty off record highs; banking stocks drag
Mumbai | By Press Trust of India
PUBLISHED ON JAN 15, 2020 04:15 PM IST
The 30-share BSE Sensex settled 79.90 points lower at 41,872.73. Similarly, the broader Nifty closed 19 points down at 12,343.30. IndusInd Bank was the top loser in the Sensex pack, dropping 5.44 per cent
Ports, trains and trade: Xi to offer Myanmar billion-dollar bounty
Yangon | By Agence France-Presse
UPDATED ON JAN 15, 2020 02:41 PM IST
Chinese leader Xi Jinping’s visit to neighboring Myanmar aims at strengthening relations with members of the Association of Southeast Asian Nations. Yangon authorities hope to revolutionise the sprawling hub by creating a whole new town on the west bank of the city’s river.
Sensex closes at all time high despite severe retail inflation
Mumbai | By Indo Asian News Service
UPDATED ON JAN 14, 2020 07:44 PM IST
Sensex touched an intra-day high of 41,994.26 despite retail inflation rising to its highest in over 5 years in December.
Malaysia PM defends criticism of India despite palm oil backlash
Kuala Lumpur | By Reuters
PUBLISHED ON JAN 14, 2020 01:49 PM IST
India last week changed rules that traders say effectively ban imports of refined palm oil from Malaysia. The move came after New Delhi objected to Mahathir’s criticism of India’s new religion-based citizenship law.
Rupee rises by 8 paise to 70.78 against US dollar in early trade
Mumbai | By Press Trust of India
UPDATED ON JAN 14, 2020 10:44 AM IST
The United States on Monday removed the currency manipulator label it imposed on China last summer and forex traders believe it as a sign of easing tensions between the two economic powers after nearly two years of conflict.
India’s curb on import may raise palm oil prices, hit trade
Hindustan Times, New Delhi | By Zia Haq and Rezaul H Laskar
UPDATED ON JAN 11, 2020 05:30 AM IST
Indian importers will now naturally look at substitute markets, such as Indonesia, Nepal, Ukraine and Argentina, an official said.
Rupee rises 33 paise to 70.50 against US dollar in early trade
Mumbai | By Press Trust of India
UPDATED ON DEC 13, 2019 09:59 AM IST
At the interbank foreign exchange the rupee opened at 70.54, then gained further ground and touched a high of 70.50, registering a rise of 33 paise over its previous close.
Sensex gains 74 points in early trade as crude oil eases
Mumbai | By Press Trust of India
UPDATED ON DEC 11, 2019 10:38 AM IST
The 30-share index was trading 74.04 points or 0.18 per cent higher at 40,313.92 in morning trade. The broader Nifty was trading 29.50 points or 0.25 per cent up at 11,886.30.
Sensex rises over 100 pts in early trade; Nifty above 11,900
Mumbai | By Press Trust of India
UPDATED ON NOV 01, 2019 10:04 AM IST
Foreign institutional investors purchased a Rs 1,870.87 crore in the capital market, on Thursday, while domestic institutional investors sold shares worth Rs 650.73 crore, data available with stock exchange showed.
A struggling India needs more trade, not less
By Bloomberg
UPDATED ON OCT 30, 2019 04:49 PM IST
Lending has slowed to a trickle, as has consumer demand. Voices across the political spectrum say the last thing the country can afford now is to lower its trade defenses. In fact, that’s exactly what’s needed.
Strategic partnership, trade top PM’s agenda in Saudi Arabia
New Delhi | By HT Correspondent
UPDATED ON JUL 15, 2020 06:23 AM IST
India and Saudi Arabia will sign several agreements, including one on forming a Strategic Partnership Council and another on a joint venture for retail outlets for petroleum products, during Modi’s visit.
India-B’desh seek to revive old transport links for trade, connectivity to NE
Hindustan Times, Guwahati | By Utpal Parashar
PUBLISHED ON OCT 23, 2019 01:00 AM IST
A two-day stakeholders’ meet in Guwahati is trying to find effective and concrete measures to ensure easy access and flow of goods and people through road, rail, waterways and air connectivity especially to the Northeast.