The Indian rupee is expected to open slightly weaker on Wednesday, tracking declines in most of its Asian peers, with traders awaiting U.S. inflation data due later in the day while expecting the rupee to gradually weaken towards 84.50. The 1-month non-deliverable forward indicated that the rupee will open at 84.34-84.35 to the U.S. dollar, … Read more
The Global Capability Centers (GCCs) is expected to increase demand for fresh talent in India as well as boost the salaries for entry-level job roles across key functional areas in IT products and services and non-tech sectors in FY 2024-25, according to a report on Thursday. The report by TeamLease Digital provides a glimpse into … Read more
Tilaknagar Industries is currently trading at Rs. 420.25, up by 8.95 points or 2.18% from its previous closing of Rs. 411.30 on the BSE. The scrip opened at Rs. 410.10 and has touched a high and low of Rs. 427.50 and Rs. 406.30 respectively. So far 153152 shares were traded on the counter. The BSE … Read more
Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah, and ahead of Sunday's OPEC+ meeting. Brent crude futures fell 2 cents to $72.79 a barrel by 0114 GMT, while U.S. West Texas Intermediate crude futures were at $68.73 a barrel, down 4 … Read more
The National Accreditation Board for Testing and Calibration Laboratories (NABL) signed an MoU with the Confederation of Real Estate Developers' Associations of India (CREDAI) to enhance the quality and reliability of temporary site testing laboratories in civil engineering projects, the Commerce and Industry Ministry said on Tuesday. “By implementing NABL’s recognition scheme, this collaboration seeks … Read more
The U.S. dollar steadied against major peers on Wednesday as investors continued to take stock of President-elect Donald Trump's tariff pledges, while keeping an eye on a key inflation figure out of the U.S. later in the day. The New Zealand dollar rose after the Reserve Bank of New Zealand cut benchmark rates by 50 … Read more
The Indian stock market opened flat on Wednesday as buying was seen in the auto and IT sectors. Shares of all Adani Portfolio of companies were trading in green in the morning trade. Adani Green shares were at Rs 905.80 after jumping Rs 7.25 or 0.81 per cent. Adani Enterprises Ltd's stock was up 3.4 … Read more
Asian stocks were heavy on Wednesday as investors fretted over what countries could be targeted for tariffs under incoming U.S. President Donald Trump, a day after he pledged new levies on Canada, Mexico and China. The loonie and peso remained weak following sharp drops to multi-year lows on Tuesday, while the yuan edged back towards … Read more
Telangana Chief Minister A. Revanth Reddy on Tuesday urged the Centre to grant permission for the development of the airport at Warangal and also clear the proposals for airports at three other places in the state. The Chief Minister met Civil Aviation Minister K. Rammohan Naidu in New Delhi and urged him to expedite … Read more
The government in its latest data has said that India’s milk production rose nearly 4 per cent annually to 239.3 million tonnes (MT) in 2023-24 on better productivity, even as milk output of buffaloes declined 16 per cent annually. Milk output from exotic/crossbred cattle has increased 8 per cent while production from indigenous/non-descript cattle increased … Read more