Rupee falls 4 paise to close at 83.43 against US dollar

[ad_1] The rupee on Tuesday consolidated in a narrow range and settled 4 paise lower at 83.43 against the US dollar, weighed down by a strong dollar and elevated crude oil prices. Forex traders said a weak trend in domestic...

Stock to buy today: Coromandel International (₹1,075.95)

[ad_1] Coromandel International’s stock faced considerable selling pressure in December and January. But since February, it has been charting a sideways trend between ₹1,035 and ₹1,120. Notably, the downtrend was arrested by the support at ₹1,035. This has been holding...

Frozen duck meat imports from US may rise on cut in Customs duty

[ad_1] India’s import of frozen duck meat from the US will likely increase by 80 per cent in 2024 compared with 2021 with the Customs duty being reduced to 5 per cent, the US Department of Agriculture (USDA) has said.Also...

GeM doubles procurement to ₹4-lakh crore in FY24

[ad_1] The government’s online public procurement platform, Government e Marketplace (GeM), has doubled its Gross Merchandise Value (GMV) to ₹4-lakh crore in fiscal year 2023-24, compared with the previous fiscal and a “small pilot” is now being planned to see...

48% of “entitled” MPLAD funds in Gujarat remained unutilised between 2019-24, says ADR

[ad_1] About 48 per cent of the total ₹442 crore that were to be spent as MPLAD funds in Gujarat between 2019 and 2024, remained “unutilised”, stated Association for Democratic Reforms (ADR). Also read:Gujarat Pollution Control Board imposes ₹10-lakh environment damage...

Red Sea crisis: 100 days over with trade badly affected

[ad_1] It’s been over 100 days since the start of the Red Sea crisis as commercial ships avoided the critical Suez Canal and were diverted via the Cape of Good Hope in southern Africa to avoid attacks by the Houthi...

India-Australia CECA negotiations making progress despite looming Indian elections

[ad_1] Undeterred by the forthcoming Lok Sabha elections, India and Australia are continuing with the negotiations for the proposed Comprehensive Economic Cooperation Agreement (CECA), at least this month, to build on the gains already made and make conclusion easier once...

Rules for off-shore mineral block auctions under preparation: Mines Secretary

[ad_1] The Mines Ministry has begun the process of framing rules for the auction of the first-ever offshore mineral blocks in the country. Some 10-odd mineral blocks are to be put up for auction sometime in June-July.Also read:Mines Ministry objections...

Rupee falls 35 paise to hit all-time low of 83.48 against US dollar

[ad_1] The rupee depreciated 35 paise to settle at an all-time low of 83.48 against the American currency on Friday, tracking a surging greenback against major crosses in the overseas markets and weak Asian peers.Also read:Rupee declines by 20 paise...

Payment Aggregator PB Fintech Sets Up Subsidiary

[ad_1] PolicyBazaar promoter PB Fintech Limited has decided to set up a wholly-owned subsidiary to carry out the business of a payment aggregator. The proposal received the nod of the Board of PB Fintech on Wednesday. Also read: Fintech loans jump...
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