Rupee hits new closing low, RBI intervention caps loss
Financial Express Chandigarh|December 13, 2024
THE RUPEE FELL to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the US dollar in the non-deliverable forwards (NDF) market, while the intervention from the Reserve Bank of India helped prevent sharp losses.
JASPREET KALRA

The rupee depreciated by 5 paise to settle at an all-time low of 84.88. The dollar index was little changed at 106.5, unfazed by the elevated odds of a December rate cut by the Federal Reserve, after data showed that US consumer prices rose in-line with expectations in November. US bonds yields gained on Thursday.

Bu hikaye Financial Express Chandigarh dergisinin December 13, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Financial Express Chandigarh dergisinin December 13, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINANCIAL EXPRESS CHANDIGARH DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Chandigarh

Rural, q-comm boom may push FY26 retail hiring...

\"SALARIES OFFERED ARE at least 5-10% higher than industry standards, with companies also asking prospects if they are ready to migrate to other locations to fill up positions,\" Arora said.

time-read
1 min  |
March 11, 2025
Financial Express Chandigarh

Icra pegs CV sector growth at 3-5%

Upswing In Sight

time-read
1 min  |
March 11, 2025
Financial Express Chandigarh

Apple begins hiring for new India stores

Expansion Push

time-read
1 min  |
March 11, 2025
Financial Express Chandigarh

Sun to buy Checkpoint for $355 mn

THE DEAL WILL be made through an upfront cash payment of $4.10 per common share, a premium of about 66% to Checkpoint's last close on Friday, Sun Pharma said in an exchange filing.

time-read
1 min  |
March 11, 2025
Financial Express Chandigarh

Stop asking for tax cuts, Gadkari tells India Inc

UNION MINISTER NITIN GADKARI on Monday asked the industry not to perpetually demand a reduction in taxes as the government needs funds to implement welfare schemes for the poor.

time-read
1 min  |
March 11, 2025
Financial Express Chandigarh

Govt portal to give real-time data on job creation soon

THE GOVERNMENT IS likely to publish integrated real-time employment data on the 'Prayas' portal soon.

time-read
1 min  |
March 11, 2025
Financial Express Chandigarh

Demat account additions in Feb at 21-month low

THE ADDITION OF demat accounts in February fell to a 21-month low at 2.26 million, even though their total number surpassed the 190-million mark, according to data from CDSL and NSDL.

time-read
1 min  |
March 11, 2025
Financial Express Chandigarh

Top realtors corner LRD loans at cheaper rates

WITH THEIR CREDIT profiles rising despite largely stagnant interest rates, top commercial property developers have been able to borrow against rent receivables at a rate lower by 75-to-100 basis points in the past year.

time-read
2 dak  |
March 11, 2025
Financial Express Chandigarh

Parliamentary panel on railways calls for PPP push

TO REDUCE ITS dependence on gross budgetary support (GBS) from the central government, the Parliamentary Standing Committee on Railways has urged the ministry of railways to intensify its focus on public-private partnership (PPP) projects.

time-read
2 dak  |
March 11, 2025
Financial Express Chandigarh

India Adds 25.2 GW Solar Power in 2024

India added 25.2 gigawatts (GW) of solar power capacity in the calendar year 2024, significantly higher than the 8.3 GW installed in 2023, a recent report by Mercom on the solar market showed.

time-read
1 min  |
March 11, 2025