Rupee up 5 paise against USD
Mumbai: The rupee on Wednesday rose 5 paise to 83.12 in the opening session on the sale of US dollars by bankers and exporters, dealers at the Foreign Exchange said. The local unit advanced due to a weak dollar against other world currencies and a rebounding equity market in the opening session. The rupee recorded […]
India can aspire to become $7 trillion economy by 2030: FinMin report
New Delhi: Stating that it is ’eminently’ possible for the Indian economy to grow at a rate above 7% on the strength of financial sector and structural reforms, a Finance Ministry report on Monday said that India can aspire to become a US$ 7 trillion economy by 2030. Noting the internal strength of the […]
Rupee declines 4 paise against USD
Mumbai: The rupee on Monday slipped four paise to 83.15 in the opening session on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said. The local unit was seen as weak due to a strong dollar against other world currencies along with a rebounding equity market in early trade. […]
Officers of JKBOA pitches for early conduct of ‘overdue’ elections
Jammu: Demanding immediate constitution of election committee, the officers of Jammu and Kashmir Bank Officers Association (JKBOA) on Saturday pitched for early conduct of “overdue” elections. Speaking to reporters after General House Meeting of the Officers of JKBOA, Jammu Unit, at Press Club here, the members unanimously decided with a voice vote that immediately a […]
Sensex down over 500 points
Mumbai: The BSE Sensex on Thursday dropped 570 points to 70,486.59 in early trade-on-profit booking by local operators. The National Stock Exchange (NSE) slipped 156.15 points to 21,297.80. The Sensex registered intraday highs and lows at 71,049.46 and 70,480.40 points, respectively. The Nifty recorded intraday highs and lows at 21,459 and 21,287.45 pts, respectively. The […]
Rupee opens steady at 83.14 against USD
Mumbai: The rupee on Wednesday opened almost flat at 83.14, rising one paisa against the USD in the opening session on the sale of US dollars by bankers and exporters, dealers at the Foreign Exchange said. The local unit moved up due to a weak dollar against other world currencies and a rebounding equity market […]
Axis Bank profit rises 4 pc YoY to Rs 6,071 crore in Q3
New Delhi: Private sector lender Axis Bank on Tuesday reported 4% year-on-year rise in profit at Rs 6,071 crores for October-December quarter (Q3) of the current financial year 2023-24. The bank had posted a profit of Rs 5,853 crore in Q3 of 2022-23. Net Interest Income (NII) of the bank grew 9% year-on-year to Rs […]
Jindal Stainless elevates Tarun Khulbe as CEO
Chennai: The Board of Directors of Jindal Stainless Limited (JSL) has approved the elevation of Mr Tarun Khulbeas the Chief Executive Officer and Whole Time Director. In a meeting held last week, the Board gave its nod to this decision aimed at putting in place a professionally managed and unified organisation structure. The Board also […]
Sensex down over 500 pts
Mumbai: The equity market remained negative for the third consecutive session as the BSE Sensex on Thursday dropped 502.47 pts at 70,998.29 in early trade as selling was seen across the board amid weak global cues. The National Stock Exchange (NSE) slipped 177.50 pts at 21,394.45. Slumping over 1600 pts on Wednesday, the BSE sensex […]
BHEL gets EPC contract for NLC India’s 2400 MW Green field power project
Bhubaneswar: Bharat Heavy Electricals Limited (BHEL) will construct a pithead green field thermal power project based on ultra super critical technology at Jharsuguda in Western Odisha. The NLC India Limited, a Navratan company under the ministry of Coal has awarded the EPC contract to BHEL to set up the 2400 MW capacity (3×800 MW) stage […]