Business

[ad_1] Dollar vs Rupee: In the foreign exchange market today, the rupee was trading at 83.43 against the US dollar in the initial session. It is expected that the rupee will strengthen against the dollar amid a stronger greenback after the US Federal Reserve's decision to keep interest rates unchanged. …

[ad_1] Manufacturing PMI in April: The country's manufacturing activity declined on a monthly basis in April. The manufacturing PMI fell marginally to 58.8 in April from a 16-year high of 59.1 in March. According to HSBC Purchasing Managers' Index (PMI) data, the manufacturing PMI stood at 58.8 in April. There …

[ad_1] The Godrej family has entered into an official agreement to split the assets of the Godrej Group into two groups. One group consists of two brothers, Adi Godrej and Nadir Godrej, while the other group consists of their cousins ​​Jamshed Godrej and Smita Godrej Krishna. According to the terms …

[ad_1] More than 80 foreign funds are currently operating in Gifty City. These funds have invested more than $2.90 billion in the last three years and have committed to invest a total of $30 billion. Market regulator Securities and Exchange Board of India (SEBI) has allowed non-resident Indians (NRIs) to …

[ad_1] In the second half of February, SEBI itself had raised concerns about overvaluation of mid-cap and small-cap stocks, but these stocks have continued to outperform benchmark indices in the stock market, leading to tough competition. In the month of April, Sensex rose by one percent, while BSE Midcap Index …

[ad_1] 8 minutes ago Business Sources associated with the incident said that the Reserve Bank of India (RBI) has warned banks about irregularities in gold loans given by fintech start-ups. RBI is concerned about the process of determining the price of gold secured …

[ad_1] Mumbai: The month of May has been bad for major crypto Bitcoin after a 16 percent decline in April. In the last 24 hours, the price of Bitcoin has fallen by more than $3000 and late in the evening the price was said to be $5809. Other cryptos also …

[ad_1] Mumbai: India's exports worth $700 million to important markets are at risk as a result of regulatory measures being taken in foreign markets on the products of the country's two renowned spice manufacturers, according to a report. There are reports that the US, Hong Kong, Singapore, Australia and Malaysia …

[ad_1] Mumbai: Unified Payment Interface (UPI) transactions declined by one percent in volume and 0.70 percent in value in April compared to March. Transactions worth Rs 19.64 trillion were completed in April compared to Rs 19.78 trillion in March. The number of transactions decreased from 13.44 billion to 13.30 billion. …

[ad_1] Mumbai: The bullion market in Mumbai's jewelery market remained officially closed today. However, gold and silver prices fell sharply in the global market in the closed market. Prices of precious metals fell in the country's jewelery markets today due to decline in domestic import costs due to the decline …