By Dilip Parmar In the week gone, the Indian rupee appreciated against the American dollar following foreign fund inflows, lower crude oil prices and risk-on moods. On Friday, the RBI delivered its third straight interest-rate increase since May to return inflation to the target and fend off further attacks on the currency. The rate hike …
By Raj Deepak Singh Rupee traded flat in the week despite strong US dollar and weak inflation data from the India. The relative resilience was seen due to persistent foreign funds inflows in domestic equities and drop in crude oil prices. Dollar index edged higher as minutes from the Federal Reserve’s July meeting showed, that …
By Bhavik Patel WTI crude has been stuck in the range of $87-$92 in the past one week. Sentiment has turned bearish despite disruption of oil passing from Ukraine through Europe. Although the disruption has been resolved but market is focusing on the upcoming recession and demand destruction which is why we have seen the …
Continuing with its RURBAN focus, FMCG giant Nestle India on Wednesday said penetration-led volume growth, along with increased focus on digitisation, will be the key to its growth strategy. “We intend to sell more and sell wider. India is the fastest growing market for us, with an addressable 487 million consumers. We intend to take …
Atmospheric disturbance around a low-pressure area causes the formation of cyclones which is distinguished by rapid and often destructive air circulation. With cyclones come violent storms and bad weather. There are two classifications of cyclones namely, extra tropical cyclones and tropical cyclones. While extra-tropical cyclones mainly form in polar regions and temperate zones, tropical cyclones …
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The prices of petrol and diesel on August 4, were left untouched by OMCs once again. Prices have held steady for 71 days now across the country, except in Maharashtra. Pieces were cut in Maharashtra when the state government announced a cut in value-added …
By Ashley Coutinho Shares of interest rate-sensitives companies remained steady despite the 50-bps rate hike by the RBI, as most of policy action was priced in. The BSE Bankex and BSE Realty were up 0.5% and 0.2%, respectively, while BSE Auto shed 1.1%. This was on a day the benchmark BSE Sensex gained 0.1%. Also …
Indore-3 MP Assembly Election 2023 Details: The Election for Indore-3 Assembly Constituency in Madhya Pradesh will be held on November November 17. The date of voting and result was officially announced by the Election Commission of India on October 9 . Here are the important details of the Indore-3 Constituency Assembly Election 2023 that you …
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been left unchanged for more than three months by OMCs on August 24. The last country-wide change in price came on May 21, when Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol by …
The market capitalisation of BSE-listed firms reached an all-time high of over Rs 280.52 lakh crore on Thursday, helped by a continuous rally in equities.The 30-share BSE Sensex ended 37.87 points or 0.06 per cent higher at 60,298. This is the benchmark’s fifth straight session of gains. Tracking rally in equities, the market capitalisation of …