Business news
- Business
Rupee rises 9 paise to 79.81 against US dollar in early trade
Mumbai: The rupee appreciated 9 paise to 79.81 against the US dollar in early trade on Monday, supported by the fall in crude oil prices. At the interbank foreign exchange, the rupee…
- Business
Rupee falls 5 paise to end at 79.90 against US dollar
Mumbai: The rupee fell by 5 paise to close at 79.90 against the US dollar on Friday as stronger American currency and elevated crude oil prices weighed on investor sentiment. However, a…
- Business
Meta reportedly investing in Indian startup Better Opinions
New Delhi: Meta (formerly Facebook) is looking to invest in an Indian startup called Better Opinions, an event trading platform that allows users in the country to trade their opinions on categories…
- Business
Hyundai sells 1.88 mn vehicles in first 6 months, Q2 profit jumps 56%
Seoul: Hyundai Motor said on Thursday that its second-quarter net profit jumped 56 per cent from a year earlier on improved product mix and a weak won. Net profit for the three…
- Business
Amazon sees $12 bn worth sales on Prime Day globally
San Francisco: Amazon saw sales worth at least $12 billion (according to third-party estimates) during its Prime Day event in the US and 15 more countries on July 12-13. It was the…
- Stock Market
HDFC Bank first quarter profit rises 19 per cent to Rs 9,196 crore
Mumbai: HDFC Bank on Saturday said its net profit rose by 19 per cent year-on-year to Rs 9,196 crore for the quarter ended June 30, 2022. The bank’s core net revenue (excluding…
- Technology
Potential iPhone 14 demand continues to grow in China: Report
Beijing: Potential demand for the upcoming iPhone 14 and iPhone 14 Pro series is continuing to grow in China, says a new report. In a tweet, analyst Ming-Chi Kuo said that his…
- Business
Rupee gains 7 paise to 79.92 against US dollar in early trade
Mumbai: The rupee appreciated 7 paise to 79.92 against the US dollar in early trade on Friday as a firm trend in domestic equities and fresh foreign fund inflows strengthened investor sentiment. However,…
- Business
Rupee edges closer to 80-mark, slides 18 paise to 79.99 vs dollar
Mumbai: The rupee edged closer to the historic low of 80-mark against the US currency on Thursday as it declined by a little over 18 paise to settle at 79.9975 amid a…
- Business
Rupee slips 14 paise to fresh low of 79.59 per US dollar
Mumbai: The rupee weakened by 14 paise to close at a new lifetime low of 79.59 against the US dollar on Tuesday as a strong greenback overseas and persistent foreign fund outflows…
- Business
India’s external debt not a cause to worry: Experts
Chennai: India’s external debt of $620.7 billion need not be a concern as $490 billion is non-government and the share of government is only $130.8 billion, said experts. According to Reserve Bank…
- Technology
Razorpay gets RBI approval for Payment Aggregator license
Bengaluru: Fintech platform Razorpay on Monday said it has received in-principle approval by the Reserve Bank of India (RBI) for a Payment Aggregator (PA) license. The central bank issued a payment aggregator…
- Business
Twitter shares tank 6% amid Elon Musk’s walkout
New Delhi: Shares of microblogging site Twitter fell about 6 per cent in premarket trading on Monday, amid the recent walkout by Elon Musk. The world’s richest person on Friday terminated the…
- Technology
BYJU’S says received funds from 11 out of 13 VCs in Rs 3,600 cr round
New Delhi: Edtech platform BYJU’s on Monday said that the company has received funds from 11 out of 13 investors in a Rs 3,600 crore funding round which started in June last…
- Business
RBI unveils measures to check rupee fall; raises overseas borrowing limits for cos
Mumbai: Reserve Bank of India (RBI) on Wednesday raised overseas borrowing limits for companies and liberalised norms for foreign investments in government bonds as it announced a slew of measures to boost…
