Business

Rupee Gains Vs Dollar, Up 14 Paise In Late Morning Deals

Mumbai, October 7: Rupee firmed up by 14 paise to quote at 65.27 against the US currency in late Wednesday morning deals on sustained bouts of dollar selling by banks and exporters amid weakness in dollar overseas.

"Continued capital inflows and rally in domestic equities influenced the rupee sentiment," a forex dealer said.

Earlier, the rupee opened higher at 65.29 per dollar as against Tuesday's level of 65.41 per dollar at the Interbank Foreign Exchange (Forex) market.

It hovered in the range of 65.36 to 65.26 per dollar during the morning deals before quoting 65.27 at 1030 hrs.

The dollar index currently trades down by 0.01 per cent at 95.45 as against a basket of six currencies.

The dollar weakened against major currencies on Tuesday as expectations of a Fed rate hike before year-end ebbed.

The benchmark BSE Sensex was up by 83 points at 27,015.91 at 1035 hrs.

Sanitary napkin exempted from GST

New Delhi : Delhi Deputy Chief Minister Manish Sisodia on Saturday said sanitary napkin has been exempted from the Goods and Services Tax (GST).Speaki...

IMG Group comes up with reality based web series "SURVIVORSS"

New Delhi : IMG Group, who has always recognized new and fresh talent and gifted the industry with amazing actors and models, is coming up with a new ...

Enerparc India commissions rooftop solar project for Bharat Fritz Werner

Bengaluru : Enerparc India, a subsidiary of global solar solution provider Enerparc AG is glad to announce the commissioning of 980 kWp solar project ...

Select CITYWALK adds Japanese luxury brand Onitsuka Tiger to its growing portfolio

New Delhi : Introducing the Japanese Luxury Footwear Brand, Onitsuka Tiger, Select CITYWALK, the most popular shopping Centre in Delhi NCR, becomes ga...