Business

Rupee down 5 paise against dollar

Mumbai,July 2: The rupee fell marginally by 5 paise to 63.66 against the US dollar in early trade today due to appreciation of the 

American unit against other currencies overseas on the back of strong US economic data.

Besides, increased demand for the dollar from importers weighed on the local currency, but a higher opening in the domestic equity 

market capped the losses, forex dealers said.

Yesterday, the rupee ended marginally higher by three paise to 63.61 against the US currency on mild selling of dollars by banks and exporters on hopes of foreign capital inflows into equities.

Meanwhile, the benchmark Sensex climbed 95.09 points, or 0.33 per cent, to 28,115.96 in early trade.

CMD, NSIC launches "Harit Saptah"

New Delhi: Ravindra Nath, CMD, NSIC launched "Harit Saptah" on 21st June 2018 wherein Tree Plantation Campaigns are being organised by all NSIC Branch...

PM Modi to inaugurate 3rd AIIB meeting in Mumbai

Mumbai : Prime Minister Narendra Modi will inaugurate the 3rd Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) on June 25-26 in Mumba...

Yamaha launches electric bikes replacing traditional ones

Tokyo : Yamaha has launched electric bikes to replace traditional bikes and motorcycles.Yamaha Motor Co., Ltd developed the TY-E electric trial bike-t...

Ex-RBI Dy Governor R Gandhi joins Paytm

New Delhi : One97 Communications Limited, the company that owns digital payment major, Paytm, announced the appointment of retired Reserve Bank of Ind...