The Indian rupee declined in the non-deliverable forward market, bogged down by a jump in the dollar index and weakness in Asian peers amid U.S. election updates. The 1-month USD/INR non-deliverable forward was quoted at 84.28/84.32. If these levels were to hold, then the rupee would open at around 84.18, compared to 84.1075 on … Read more
U.s. stock futures and the dollar climbed in Asia on Wednesday as early results from the U.S. presidential election suggested the race remained too close to call, leaving investors jumping at shadows. Republican Donald Trump won eight states while Democrat Kamala Harris captured three and Washington, D.C., Edison Research projected, but critical battleground states were … Read more
Oil prices fell on Wednesday as early poll results in the U.S. election showed Democrat Kamala Harris and Republican Donald Trump locked in a tight race for the presidency. U.S. West Texas Intermediate (WTI) crude lost 27 cents, or 0.4%, to trade at $71.72 per barrel, and Brent crude oil futures lost 0.35 cents, or … Read more
HP Green R&D Centre (HPGRDC), the research facility of oil major Hindustan Petroleum Corporation Ltd (HPCL), on Tuesday announced a landmark partnership with Engineers India Ltd (EIL) for the commercialisation of its indigenously developed Hydrogen Pressure Swing Adsorption (HP-PSA) technology. The strategic collaboration between the two public sector companies "marks a significant milestone in India's … Read more
India’s total kharif foodgrain production for 2024-25, as per the first advance estimates, is projected at a record 1,647.05 lakh metric tonnes (LMT), which is higher by 89.37 LMT as compared to the previous year’s kharif foodgrain production and 124.59 LMT higher than average kharif foodgrain production, according to the figures released the Ministry of … Read more
The Indian stock market closed in green on Tuesday as investors set their eyes on the closely-contested US presidential election. At the end of trading, buying was seen in all sectors, except FMCG and media. The Sensex closed up 694.39 points or 0.88 per cent. On the other hand, NSE's Nifty closed at 24,213.30 after … Read more
Xiaomi India on Tuesday announced that current President Muralikrishnan B will be transitioning out of his role at the end of the year to pursue his passion for academic research. Muralikrishnan will continue to operate in his current capacity till the end of the year, the company said in a statement. Sudhin Mathur, with over … Read more
TVS Motor Company is currently trading at Rs. 2426.10, up by 14.05 points or 0.58% from its previous closing of Rs. 2412.05 on the BSE. The scrip opened at Rs. 2412.05 and has touched a high and low of Rs. 2455.00 and Rs. 2395.80 respectively. So far 6041 shares were traded on the counter. The … Read more
Indian rupee weakened against the US dollar on Tuesday due to a muted trend in domestic equities and caution ahead of the outcome of the US presidential election this week, while this week’s Federal Reserve's monetary policy announcement also pressurised sentiments. Moreover, persistent foreign fund outflows and rising crude oil prices also dragged down the … Read more
India’s electric vehicle (EV) charging market is projected to reach $3.7 billion by 2030, led by an increasing adoption of EVs, according to a report on Tuesday. Globally, the EV charging infrastructure market is poised to expand significantly, with revenues projected to surge from $25.9 billion in 2023 to $164 billion by 2030, reflecting a … Read more