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Business

Rupee rises for 3rd day, up 27 paise to 74.19 per USD

Mumbai: The rupee continued its winning run for the third session in a row on Wednesday, spurting 27 paise to settle at 74.19 against the US dollar amid unabated foreign fund inflows and a weak greenback overseas.


Sensex, Nifty soar to lifetime highs as Samvat 2077 gets off to bright start

Mumbai: Domestic equity benchmarks surged to lifetime highs on Saturday as investors built up fresh positions in the special Muhurat trading session to mark the beginning of Hindu Samvat year 2077.


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Rupee snaps 4-day losing run, ends marginally up at 74.62 vs USD

Mumbai: The rupee halted its four-session losing streak on Friday, settling with a marginal 2 paise gain at 74.62 to the US dollar, as stronger Asian peers against the greenback lent support to the domestic unit.

Cabinet approves PLI scheme worth about Rs 2 lakh crore: Finance Minister

New Delhi: The government on Wednesday approved a Production-Linked Incentive (PLI) scheme for ten key sectors, including telecom, automobiles, and pharmaceuticals, taking the total outlay for such incentives to nearly Rs 2 lakh crore over a five-year period.

Rupee slumps 18 paise against US dollar to 74.36

Mumbai: The rupee declined by 18 paise to close at 74.36 against the US dollar on Wednesday, tracking a strengthening American currency in the overseas market and higher crude prices.

Benchmarks scale fresh peaks; IT, metal, pharma stocks shine

Mumbai: The BSE Sensex defied gravity for the eighth straight session to finish at yet another record high on Wednesday as positive global cues and robust foreign fund inflows fuelled risk-on sentiment.

Rupee slips 3 paise to 74.18 per USD

Mumbai: The rupee depreciated by 3 paise to close at 74.18 against the US dollar on Tuesday as higher crude oil prices and a stronger greenback overseas weighed on sentiment.

15th Finance Commission submits report to President

New Delhi: The 15th Finance Commission on Monday submitted its recommendations on the ratio in which taxes are to be divided between the Centre and states over the next five years.

Rupee slips 7 paise to close at 74.15 against USD

Mumbai: The rupee gave up intra-day gains to settle 7 paise lower at 74.15 against the US dollar on Monday, tracking weaker Asian peers against the greenback.

Rupee rebounds 40 paise to close at 74.36 a dollar

Mumbai: The Indian rupee on Thursday staged a smart recovery to end at 74.36 against the US dollar, clocking a gain of 40 paise amid positive sentiments in domestic and global markets.

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