Rupee Ends Flat Against US Dollar
The Indian rupee reversed all its intra-day losses to close almost flat at 74.24 (provisional) against the US dollar on Friday, tracking a strong rally in domestic equities. Besides, a weak American currency against its major rivals and lower crude prices also helped the rupee to recover, forex dealers said. At the interbank forex market, […]
Passenger vehicle sales in India rise 45 per cent in July
Passenger vehicle wholesales in India increased by 45 per cent to 2,64,442 units in July against 1,82,779 units in the same month last year, auto industry body SIAM said on Thursday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches from the OEMs to dealerships declined by 2 per […]
A warming world is affecting Indian agriculture, industries
Changes wrought by the climate crisis will have economy-wide repercussions in India if not mitigated, shrivelling both agriculture and industry, experts have warned. Poverty could rise, they said. A bleak report by the Intergovernmental Panel on Climate Change on Monday on the “science of climate change” said the impacts of global warming were intensifying and […]
Mukesh Ambani, Bill Gates Part Of $144 Million Investment In Green Energy Storage Company
Reliance new Energy Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd. (RIL), has announced investment of $50 million in Ambri Inc – an energy-storage company in Massachusetts, USA. This investment is part of a consortium of investors including Bill Gates, Paulson & Co. among others, totalling to $144 million. According to company sources, the […]
Indian spot gold rate and silver price on Monday, Aug 09, 2021
The spot gold price today( ₹ 46680) is lower than this week’s average of ₹47378.6 by 1.47%. The price though was lower than yesterday’s value of ₹46690. Although global gold prices($1816.7) experienced growth of 0.18%, the spot gold price remained low in Indian market( ₹46680). Gold and other precious metals on Monday, Aug 09, 2021 Following yesterday’s trend, global spot […]
Gold Price Today: Yellow Metal, Silver Rise Slightly
Yellow metal prices went up slightly on the Multi Commodity Exchange (MCX), as gold October futures rose to ₹ 47,929 per 10 gram, up from the previous close of ₹ 47,916. Silver September futures also rose as they went up by ₹ 86 to reach ₹ 68,000 per kg. In the previous session, silver had ended at ₹ 67,914 per kg. At the international level, gold prices were also […]
India’s exports grow 47.19 per cent to $35.17 billion in July
The country’s exports grew 47.19 per cent to $35.17 billion in July on account of a healthy growth in the shipment of petroleum, engineering goods and gems and jewellery, according to provisional data of the commerce ministry. Imports during the month also rose 59.38 per cent to $46.40 billion, leaving a trade deficit of $11.23 […]
Rupee surges 13 paise to 74.25 against US dollar in early trade
The Indian rupee gained 13 paise and touched 74.25 against the US dollar in early trade on Thursday, supported by a firm trend in domestic equities and weak American currency. At the interbank foreign exchange, the domestic unit opened at 74.32 against the dollar, then inched higher to 74.25, registering a gain of 13 paise […]
Indian spot gold rate and silver price on Wednesday, Jul 28, 2021
Spot gold prices in India( ₹47650) have decreased since yesterday( ₹47660). Also, it was lower than the average gold price observed this week ( ₹47812.9) by 0.34%. Although global gold prices($1816.7) experienced growth of 0.18%, the spot gold price remained low in Indian market( ₹47650). Gold and other precious metals on Wednesday, Jul 28, 2021 Global spot prices continued […]
Indian spot gold rate and silver price on Monday, Jul 26, 2021
Spot gold prices observed no change since yesterday( ₹47870) and also, it was on par with the average gold price observed this week ( ₹47971.4). Although the global gold price($1816.7) has increased by 0.18%, the spot gold price is the same in the Indian market( ₹47870). Gold and other precious metals on Monday, Jul 26, 2021 Global spot […]