During the day, it moved between 94.24 and 94.76 before settling at 94.63 The rupee depreciated by 30 paise to close at 94.63 against the US dollar on Monday, weighed down by the strength of the American currency overseas and lingering uncertainty surrounding developments in the Middle East.Forex traders said the domestic currency witnessed volatile…
8th pay commission on Monday began a two-day interaction programme in Lucknow, where it is scheduled to hold 54 meetings with unions, associations and individuals representing departments including railways, defence, health, revenue, communications, CPWD and agriculture. Central government employees may not have to wait until the end of 2027 for revised salaries and pensions if…
Investor sentiment received a boost after weekend talks between the United States and Iran. US Vice President JD Vance said the discussions had created a “good foundation for a successful final deal”. US stocks traded near record levels on Monday as easing oil prices and optimism over progress in US-Iran talks helped support investor sentiment,…
Mumbai: Health insurers have still some way to go in winning customer trust. Satisfaction of policyholders at the time of claims remains moderate at 82.8 on a 100-point scale, but a sharp rise in unexplained claim rejections and continued reliance on reimbursement routes are eroding consumer trust, according to Policybazaar’s “Is India Happy with Health…
According to the RBI’s monthly bulletin released on Monday, the central bank purchased $16.225 billion and sold $25.169 billion in the spot market during April, resulting in a net sale of $8.944 billion. The Reserve Bank of India (RBI) was a net seller of $8.944 billion in the spot foreign exchange market in April, marking…
Which are top 10 gainers and losers on NSE & BSE today? Benchmark equity indices bounced back on Monday, with the Sensex rising 291 points and the Nifty reclaiming the 24,100 mark, supported by falling crude oil prices, fresh foreign fund inflows and optimism surrounding diplomatic progress in US-Iran negotiations.The 30-share BSE Sensex gained 291.17…
India has imposed anti-dumping duties for five years on imports of a chemical used in the rubber and tyre industry from China, the European Union and the United States, following findings that the product was being shipped into the country at unfairly low prices, causing injury to domestic manufacturers.The move follows recommendations by the Directorate…
India’s state-owned refiners have already lined up sufficient crude supplies for roughly two months. (AI image) US-Iran war: India, importing around 90% of its crude needs, is stocking up on oil even as hopes of the Strait of Hormuz reopening completely stay. India has diversified its crude oil procurement, and stepped up imports in a…
Presenting the budget in the assembly, finance minister Swapan Dasgupta said the government had inherited a debt burden of Rs 8.15 lakh crore but would focus on restoring fiscal discipline while continuing welfare programmes. The BJP government in West Bengal unveiled its first budget on Monday, combining welfare spending with employment promises as it announced…
Stock Market Live Today: Asian shares rally Asian equities moved higher on Monday after Iranian negotiators indicated that discussions with the United States had made headway, easing concerns that the fragile peace process was at risk of collapsing. Supporting the positive sentiment, officials from Qatar and Pakistan issued a joint statement saying that the opening…
