Rupee gains 15 paise to close at 82.64 against U.S. dollar

During the trading session, the rupee touched a high of 82.63 and a low of 82.75 against the dollar. File. | Photo Credit: PTI The rupee appreciated by 15 paise to close at 82.64 (provisional) against the U.S. dollar on Tuesday, ahead of the release of key domestic macroeconomic data. Forex traders said the central […]

Continue Reading

SEBI proposes to introduce 5 new categories under ESG mutual funds

Representational image of Securities and Exchange Board of India (SEBI) headquarters in Mumbai | Photo Credit: Reuters Capital markets regulator SEBI has proposed allowing mutual funds to introduce five new categories under ESG (environmental, social and governance) scheme. The five new categories should be exclusions, integration, best-in-class and positive screening, impact investing and sustainable objectives. […]

Continue Reading

Adani Power’s ₹7,000 crore deal to buy DB Power assets falls through

Illustration for representation | Photo Credit: Reuters Adani Power Ltd’s ₹7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. “We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired,” Adani Power said in a regulatory filing on […]

Continue Reading

Adani Power’s ₹7,000 crore deal to buy DB Power assets falls through

Illustration for representation | Photo Credit: Reuters Adani Power Ltd’s ₹7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. “We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired,” Adani Power said in a regulatory filing on […]

Continue Reading

Rupee gains 21 paise to 82.62 against U.S. dollar

Image for representation | Photo Credit: V. Sudershan The rupee gained 21 paise to 82.62 against the U.S. dollar in early trade on Thursday supported by broad dollar weakness and a firm trend in domestic equities. Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor sentiments. At the interbank foreign […]

Continue Reading

Rupee gains 14 paise to close 2022 at 82.73 against U.S. dollar

Image for representation | Photo Credit: Reuters The rupee gained 14 paise to close at 82.73 (provisional) against the U.S. dollar in the last trading session of 2022, as the American currency retreated from its elevated levels and a rising appetite for riskier assets among investors. ALSO READ | Indian rupee ends 2022 as worst-performing […]

Continue Reading

Rupee falls 15 paise to 80.93 against U.S. dollar

Image used for representational purpose only. | Photo Credit: Reuters The rupee witnessed heavy volatility in early trade on November 14 and depreciated 15 paise to 80.93 against the U.S. dollar in line with a muted trend in domestic equities. At the interbank foreign exchange, the domestic unit opened on a strong note at 80.53 […]

Continue Reading

Rupee gains 47 paise to close at 82.41 against U.S. dollar

Rupee opened at 82.85 and finally settled at 82.41 against the dollar, registering a rise of 47 paise over its previous close Rupee opened at 82.85 and finally settled at 82.41 against the dollar, registering a rise of 47 paise over its previous close The rupee appreciated by 47 paise to close at 82.41 (provisional) […]

Continue Reading

Markets climb in early trade on buying in Reliance, banking counters

Extending its previous day’s rally, the 30-share BSE benchmark climbed 261.95 points to 60,018.79. On similar lines, the broader NSE Nifty advanced 68.85 points to 17,805.80 Extending its previous day’s rally, the 30-share BSE benchmark climbed 261.95 points to 60,018.79. On similar lines, the broader NSE Nifty advanced 68.85 points to 17,805.80 Equity benchmarks traded […]

Continue Reading