Rupee falls 8 paise to  close at 82.93 a dollar

Rupee falls 8 paise to close at 82.93 a dollar

Saturday, 24 February 2024 | PTI | mumbai

The rupee consolidated in a narrow range and depreciated by 8 paise to close at 82.93 (provisional) against the US dollar on Friday, tracking a strong American currency and muted trend in domestic equities. Forex traders said the Indian currency depreciated as foreign fund outflows weighed on the rupee. At the interbank...

Farm community gives mixed response to increase in sugarcane FRP

Friday, 23 February 2024 | PTI | Baghpat/Meerut (UP)

n  The farm community in western Uttar Pradesh has given a mixed response to the government’s decision to increase Fair and Remunerative Price (FRP) of sugarcane to Rs 340 per quintal. The Union Cabinet on Wednesday decided to hike the minimum price that mills have to pay to sugarcane growers by...

Sugar firms stocks settle 3 per cent lower

Friday, 23 February 2024 | PTI | New Delhi

Shares of Sugar companies settled 3 per cent lower on Thursday after the government announced a hike in the minimum price that mills have to pay to sugarcane growers for the 2024-25 season starting October. The scrip of Rana Sugars declined 2.86 per cent to close at Rs 25.44 apiece on...

Sensex surges over 500 points

Friday, 23 February 2024 | PTI | Mumbai

Stocks staged a strong recovery on Thursday, with Nifty notching up a fresh all-time high and Sensex surging over 500 points as investors went on a buying spree in IT, technology and automobile stocks. After volatility persisted for most part of the session, the benchmark indices rebounded in the last one...

Confident of India's growth at 6-8 pc for next 10 years, says Vaishnaw

Confident of India's growth at 6-8 pc for next 10 years, says Vaishnaw

Thursday, 22 February 2024 | PTI | New Delhi

Union Minister Ashwini Vaishnaw on Thursday expressed confidence that India will continue to demonstrate a 6-8 per cent consistent growth rate over the next 10 years as he invited global players to the country to tap domestic and global markets. India is open to the world, and to new ideas, Vaishnaw,...

X disagrees with govt action to block accounts, posts linked to farmers' protest

X disagrees with govt action to block accounts, posts linked to farmers' protest

Thursday, 22 February 2024 | PTI | New Delhi

Social media platform X on Thursday expressed disagreement with the Indian government's order to block accounts and posts related to the ongoing farmers' protests and called for extending freedom of expression to the affected posts. The Ministry of Electronics and IT has ordered social media platforms to temporarily block 177 accounts...

India must focus on exports to achieve 10 pc economic growth: Arvind Panagariya

India must focus on exports to achieve 10 pc economic growth: Arvind Panagariya

Wednesday, 21 February 2024 | PTI | New Delhi

India must focus on exports to achieve 10 per cent economic growth, Arvind Panagariya, Chairman of the 16th Finance Commission, has said. Panagariya also said that the temptation of import-substituting industrial policy is not unique to India. "I have looked at successful countries such as...Singapore, Taiwan, South Korea, China, and India -...

At Rs 395, Paytm shares hit upper circuit for fourth straight session

At Rs 395, Paytm shares hit upper circuit for fourth straight session

Wednesday, 21 February 2024 | PTI | New Delhi

Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecutive session on Wednesday. The stock of the fintech major climbed 5 per cent each to Rs 395.25 and Rs 395.05 per piece -- its upper circuit limit -- on the BSE and NSE, respectively. In the...

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