In April, auto retail sales increased 37% due to a low Covid-hit base impact
Automotive retail sales in India surged by 37% in April on a low base of COVID-affected April last year, according to the automobile dealers’ group FADA on Thursday. Total sales across all categories increased to 16,27,975 items in April, up from 11,87,771 units the previous year. When compared to April of last year, all vehicle […]
In early trade, the rupee rose 6 paise to 76.44 against the US dollar
In early trade on Monday, the rupee rose 6 paise to 76.44 against the US dollar, owing to a drop in global petroleum prices. However, currency traders claimed that the rupee’s advances were restrained by a sluggish trend in domestic equities and a strong dollar in the overseas market. The rupee opened strong at 76.48 […]
As the yen falls on the dovish BOJ, the dollar reaches a 20-year high and the euro a 5-year low
The dollar rose to a 20-year high against its peers on Thursday as the Bank of Japan maintained its dovish stance, sending the yen to its lowest level since 2002 and the euro to a five-year low amid concerns about the region’s economic growth. The dollar soared beyond 130 yen as the Bank of Japan […]
As Facebook’s user base grows again, Meta Platforms’ stock rises 19%
Meta Platforms, the parent company of Facebook, saw its stock rise as much as 19% on Thursday after the company reported that its main platform added more users than expected in the first quarter, assuaging concerns that the company is losing steam as a new generation flock to younger sites like TikTok. Meta announced on […]
After Q4 earnings, Bajaj Auto shares fell over 2% to Rs 3,804.80 on the BSE.
Bajaj Auto’s stock fell over 2% in early Thursday trade after the business reported a 2% drop in consolidated net profit for the fourth quarter ended March 2022. On the BSE, Bajaj Auto shares fell 2.58 percent to Rs 3,804.80. The stock fell 2.57 percent to Rs 3,805 per share on the NSE. Bajaj Auto […]
In early trade, the rupee fell 16 paise to 76.72 against the US dollar.
In early trade on Wednesday, the rupee fell 16 paise to 76.72 against the US dollar, driven down by the greenback’s strength and continuous foreign fund outflows. The rupee opened at 76.69 versus the dollar on the interbank foreign exchange, before losing ground to quote at 76.72, a drop of 16 paise from the previous […]
Today, a gram of gold costs Rs 53,440, while a kilogram of silver costs Rs 66,700.
On Monday, the price of 10 grammes of 24-carat gold fell by Rs 10 to Rs 53,440, while the price of 1 kilogramme of silver rose by Rs 100 to Rs 66,700. The price of 10 grammes of 24-carat gold in Delhi and Mumbai is the same as it is in Bengaluru, Hyderabad, and Kolkata, […]
In early trade, the rupee fell 23 paise to 76.65 against the US dollar.
The rupee fell 23 paise to 76.65 against the US dollar in early trade on Monday, reflecting the dollar’s surge in the international market. The rupee opened at 76.58 against the dollar on the interbank foreign exchange, then plummeted to an early low of 76.65 in early trades, a drop of 23 paise from its […]
Veranda lists 15% higher over issue price on BSE; down 5% on NSE
Shares of Veranda Learning Solutions opened 15 per cent higher at Rs 157 against its issue price of Rs 137 per share on the BSE on Monday. At 10:22 am; the stock locked in upper circuit of Rs 164.85, after hitting a low of Rs 149.15 in intra-day trade so far. According to the exchange […]
Sensex down 200pts, Nifty tests 18,000; RIL, HDFC twins weigh
After a tepid start, the key benchmark indices were seen holding marginal losses in late morning trade-off the low of the day as gains in select IT and FMCG shares helped offset losses in financials.The BSE Sensex from an opening high of 60,786, had slipped to an intra-day low of 60,227. The index, however, was down around […]
