INDUSTRY NEWS

Headlines:

Indian stocks edge higher in lackluster trade; ITC up 3%

Rupee falls by 8 paise to close at 73.42 against US dollar  -   12/05/2021 16:29
T he rupee declined by 8 paise to close at 73.42 (provisional) against the US currency on Wednesday amid risk aversion in the global markets and surge in crude oil prices. At the interbank forex market, the local unit opened lower at 73.51 against the greenback and traded in the range of 73.39 to 73....
RBI grants PPI authorisation to Eroute Technologies  -   12/05/2021 16:27
T he Reserve Bank of India (RBI) has granted authorisation to Eroute Technologies to operate as a prepaid payment instruments (PPI) company. The RBI issued authorisation on May 10, 2021, to Eroute Technologies Pvt Ltd with perpetual validity to commence issuance and operations of semi-closed pre-pa...
Rupee slumps 52 paise to 74.87 against US dollar in early trade  -   19/04/2021 11:05
T he Indian rupee slumped 52 paise to 74.87 against the US dollar in opening trade on Monday, amid fears that a rapid resurgence of COVID-19 cases in the country could disrupt economic recovery. Besides, heavy selloff in domestic equities also weighed on investor sentiment. At the interbank forex...
Rupee surges 23 paise to 74.70 against US dollar in early trade  -   16/04/2021 11:25
T he rupee appreciated by 23 paise to 74.70 against the US dollar in opening trade on Friday, supported by positive domestic equities. At the interbank forex market, the local unit opened at 74.76 against the US dollar and then inched higher to 74.70 against the greenback, registering a rise of 23 pa...
Rupee gains 12 paise to close at 74.93 against US dollar  -   15/04/2021 18:13
T he rupee recouped its early losses to close higher by 12 paise at 74.93 (provisional) against the dollar on Thursday tracking gains in the domestic equity market and easing crude oil prices. However, a moderately strong dollar overseas weighed on the rupee, forex dealers said. At the interbank fore...
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