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On Monday, the Indian rupee weakened by 3 paise, closing at a record low of 84.11 against the US dollar, following a downward trend that has persisted for several weeks. Earlier in the day, the rupee touched an all-time low of 84.12 before making a slight recovery. The local currency had closed at 84.08 on the previous Friday, but it has been under continuous pressure from foreign institutional investors.
In recent weeks, these global funds have offloaded over Rs 1.25 lakh crore fro
On Monday, the Indian rupee weakened by 3 paise, closing at a record low of 84.11 against the US dollar, following a downward trend that has persisted for several weeks. Earlier in the day, the rupee touched an all-time low of 84.12 before making a slight recovery. The local currency had closed at 84.08 on the previous Friday, but it has been under continuous pressure from foreign institutional investors.
In recent weeks, these global funds have offloaded over Rs 1.25 lakh crore fro
On Tuesday, gold prices saw a significant rise, increasing by ₹300 to reach ₹81,400 per 10 grams in the national capital. This surge is attributed to the heavy demand from jewellers and retailers ahead of Dhanteras, a festival known for its traditional gold purchases, as reported by the All India Sarafa Association.
Silver also experienced a boost, climbing by ₹200 to ₹99,700 per kg, driven by rising demand from industrial units and coin makers. The previous day, silver was
On Tuesday, gold prices saw a significant rise, increasing by ₹300 to reach ₹81,400 per 10 grams in the national capital. This surge is attributed to the heavy demand from jewellers and retailers ahead of Dhanteras, a festival known for its traditional gold purchases, as reported by the All India Sarafa Association.
Silver also experienced a boost, climbing by ₹200 to ₹99,700 per kg, driven by rising demand from industrial units and coin makers. The previous day, silver was
India's benchmark equity indices closed lower for a second consecutive week on Friday, as market sentiment was dampened by losses in major stocks such as Titan Co. and Tata Steel Ltd. On Friday, the Nifty index slipped by 0.10%, or 24.15 points, finishing at 24,974.3, while the Sensex declined by 0.22%, or 176.01 points, closing at 81,435.40.
The decline was attributed to the performance of banking stocks and Tata Consultancy Services Ltd., which contributed significantly to the
India's benchmark equity indices closed lower for a second consecutive week on Friday, as market sentiment was dampened by losses in major stocks such as Titan Co. and Tata Steel Ltd. On Friday, the Nifty index slipped by 0.10%, or 24.15 points, finishing at 24,974.3, while the Sensex declined by 0.22%, or 176.01 points, closing at 81,435.40.
The decline was attributed to the performance of banking stocks and Tata Consultancy Services Ltd., which contributed significantly to the
RRR's Bold Claim: Last week, TDP MLA Raghu Rama Krishna Raju (RRR) made a provocative statement regarding the real estate markets of Hyderabad and Amaravati. He suggested that with the political resurgence of Chandrababu Naidu in Andhra Pradesh, Amaravati's real estate sector is experiencing a significant boom, while Hyderabad is witnessing a 10-15% decline in its market appeal. This assertion quickly gained traction on social media, sparking a wide-rang
RRR's Bold Claim: Last week, TDP MLA Raghu Rama Krishna Raju (RRR) made a provocative statement regarding the real estate markets of Hyderabad and Amaravati. He suggested that with the political resurgence of Chandrababu Naidu in Andhra Pradesh, Amaravati's real estate sector is experiencing a significant boom, while Hyderabad is witnessing a 10-15% decline in its market appeal. This assertion quickly gained traction on social media, sparking a wide-rang
