[ad_1] The information technology (IT) services sector in India is expected to see a decline in revenue growth by 700-900 basis points (100 basis points is equal to 1 percentage point) amounting to 10-12% in fiscal 2024 amid global macroeconomic and financial sector headwinds, according to a Crisil report. | Photo Credit: G.P. Sampath Kumar […]
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[ad_1] Image for representational purposes only. | Photo Credit: The Hindu The rupee declined 24 paise to 82.09 against the U.S. dollar in early trade on Tuesday as heavy selling pressure in domestic equities and rising crude prices overseas weighed on investor sentiment. Besides, foreign fund outflows put pressure on the domestic unit, forex dealers […]
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[ad_1] India’s benchmark 10-year bond yield rose to its highest levels since March 2019 in early trade on Monday as investors prepared for around a 50-basis-point rate increase later this week while higher global crude oil prices also hurt sentiment. India’s benchmark 10-year bond yield was trading at 7.4965%, up 4 basis points from its […]
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[ad_1] In the previous session, the rupee had settled at 77.66 against the U.S. dollar In the previous session, the rupee had settled at 77.66 against the U.S. dollar The rupee appreciated 4 paise to 77.62 against the U.S. dollar in opening trade on Monday, supported by a weak American currency in the overseas markets. […]
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