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Mumbai: The rupee ended Thursday at 91.96 to the dollar, down 18 paise from its previous close of 91.78, after slipping to a record low near the 92 level before recovering marginally on dollar sales by public sector banks on behalf of RBI. The dollar index edged up about 0.12% to around 96.27, adding to…
Priyanka Gandhi Vadra; PM Narendra Modi NEW DELHI: Asked to comment on the rupee breaching the 90 mark against the US dollar for the first time, Congress MP Priyanka Gandhi Vadra on Thursday recalled Prime Minister Narendra Modi’s 2013 jibe at his predecessor, then–PM Manmohan Singh, and told reporters that the question should be directed…
The rupee plunged to a historic low on Wednesday, slipping past the 90-per-dollar threshold for the first time amid foreign fund outflows, firm crude oil prices and uncertainty around the India–US trade deal, according to PTI. The lack of visible RBI intervention through most of the session added to market pressure, forex traders said.At the…
Global equities are expected to generate strong long-term gains even though market valuations remain high, with Goldman Sachs forecasting an annualised return of 7.7 per cent in US Dollar terms over the next decade. The projection comes from the investment bank’s latest Global Strategy Paper titled Building Long-Term Returns: Our 10-Year Forecasts.According to news agency…
ILT20 Season 4 Player Auction (ILT20 Photo) History was made at the first-ever ILT20 Player Auction, as West Indies batter Andre Fletcher commanded the biggest payday of the day — a whopping USD 260,000 — to remain with MI Emirates for a fourth successive season. The bidding frenzy marked a new era for the league,…
