Rupee Gains 18 Paise To Settle At 73.37 Against US Dollar

Rupee Gains 18 Paise To Settle At 73.37 Against US Dollar

The rupee rose by 18 paise to end at 73.37 (provisional) against the US dollar on Tuesday, supported by positive domestic equities amid improving risk appetite. At the interbank forex market, the local unit opened at 73.32 against the greenback and witnessed an intra-day high of 73.31 and a low of 73.48. It finally ended […]

Maruti Suzuki Crosses 20 Lakh Cumulative Exports Milestone

Maruti Suzuki Crosses 20 Lakh Cumulative Exports Milestone

India’s largest carmaker Maruti Suzuki India (MSI) on Saturday said it has achieved the milestone of 20 lakh cumulative exports. The auto giant achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat. “The company has been exporting vehicles for past […]

Airtel joins hands with Qualcomm for 5G services in India

Airtel joins hands with Qualcomm for 5G services in India

Bharti Airtel and Qualcomm Technologies on Tuesday announced their collaboration for accelerating 5G in India. Recently, Airtel became India’s first telco to demonstrate 5G over a LIVE commercial network in the city of Hyderabad, the telco said in a statement. Airtel will utilize the Qualcomm 5G RAN Platforms to roll-out virtualized and Open RAN-based 5G […]

Rupee Opens Flat Against US Dollar In Early Trade

Rupee Opens Flat Against US Dollar In Early Trade

The rupee opened on a flat note and edged higher by 2 paise to 72.94 against the US dollar in opening trade on Wednesday, amid positive domestic equity market. At the interbank forex market, the domestic unit opened at 72.96 against the US dollar and inched higher to 72.94 against the greenback, registering a rise […]

Petrol price scale another record high

Petrol price scale another record high

Transportation fuel prices continued their upward trajectory, as the retail price of petrol registered a new record high on Wednesday in Delhi with oil marketing companies (OMCs) increasing pump prices by 25 paise a litre to ₹86.30, reported The Mint. As per the report, Diesel prices were also up by 25 paise a litre to […]

India plans foreign investment rule changes that could hit Amazon

India plans foreign investment rule changes that could hit Amazon

India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers. The government discussions coincide with a growing number of complaints from India’s brick-and-mortar retailers, which have for years accused Amazon […]

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