THE rupee plunged below the sensitive 85 mark for the first time ever and closed 13 paise down at 85.07, after hitting a low of 85.085 intra-day on Thursday as the US Federal Reserve scaled back its rate cut projections for 2025, battering all Asian currencies and leading to a rally in the greenback.
This story is from the December 20, 2024 edition of The New Indian Express Hubballi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 20, 2024 edition of The New Indian Express Hubballi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Chip designing skills, ecosystem give India edge in semiconductor manufacturing
India has set an ambitious target of becoming a semiconductor manufacturing hub. What are the main challenges India faces in achieving this target?
94% of Indian desk workers feel the urgency to master AI
Indian workers want to skill up on Artificial Intelligence (AI) as 94% feel an urgency to become AI expert.
Dubai may host India matches in 2025 Champions Trophy
EXPECTEDLY, the International Cricket Council on Thursday announced that India will play their 2025 Champions Trophy matches at a neutral venue.
AFTER ASHWIN, WHO? THE LAST OF OGS IN FINAL STRETCH
Post offie's retirement, focus is on senior players like Rohit, Kohli and India's transition phase
Ashwin gets hero's welcome at home from family and friends
RAVICHANDRAN Ashwin, who took the cricketing world by surprise with his sudden retirement from international cricket, arrived in Chennai early morning on Thursday.
Liverpool & Arsenal reach semifinals
LIVERPOOL moved into the League Cup semifinals as the holders won 2-1 against managerless Southampton, while Gabriel Jesus ended his goal drought with a hat-trick in Arsenal's 3-2 victory over Crystal Palace on Wednesday.
Start-up funding up 6% YoY at $11.3 bn in 2024
IN 2024, the start-up ecosystem saw a marginal 6% increase in funding at $11.3 billion compared to $10.7 billion in 2023.
Day of records for Richa & India as hosts win series 2-1
RICHA Ghosh (54) equalled the world record for the fastest fifty in women's T20Is (18 balls) after Smriti Mandhana's (77) fireworks as India registered 217 for 4 in the series-deciding third and final match against the West Indies here on Thursday.
INR hits all-time low, breaches 85 mark against USD
Indian currency falls as US Federal Reserves scaled back rate cut projections for 2025
Accenture posts $17.7 bn revenue, beats Street view
IT service provider Accenture has beat Street estimates and posted $17.7 billion revenues in the first quarter ended November 2024.
