US Dollar and Indian Rupee

Photo: iStock

Rupee Falls 30 Paise To 77.55 Against US Dollar, New Low For Second Time In A Week

The Indian rupee fell 30 paise to an all-time low of 77.55 versus the US dollar in early trading on May 12 following a larger loss in Asian currencies and a disappointing performance in domestic equities markets. For the second time this week, the rupee has hit a new low. The rupee was trading at 77.25 against the dollar in the previous session. 

Thu, 12 May 2022 - 01:55 PM / by Vidhi Jhunjhunwala

You May Like

Maruti Suzuki Ertiga

New Maruti Suzuki Ertiga Becomes Second-Highest Selling Car In India

The new Maruti Suzuki Ertiga has become the second-highest selling car in India. It is only second to Maruti Suzuki Wagon R. Ertiga's sales hit an all-time high of 14,889 units in April, 22. This also marks the first time that an MPV has got a… read-more

TAGS: Maruti, Maruti Suzuki, Maruti Suzuki Ertiga, Automobiles, Car

 CARS24 Lay Off

CARS24 Lays Off 600 Personnel In India

Pre-owned automobile e-commerce platform CARS24 has laid off over 600 people in India. On May 19, the corporation labeled the employment layoffs as "performance-linked exits." When contacted for confirmation, the corporation stated, "This is… read-more

TAGS: cars24, employees, LAYOFFS, pre-owned, e-commerce platform


Central Government Imposes Limitations On Sugar Exports

Central government put constraints on sugar exports of up to 100 lakh metric tonnes (LMT) from June 1 to October 31. This is to ensure domestic supply and price stability throughout the 2021-22 sugar season (October-September). Exports will be… read-more

TAGS: India, Sugar, Export, Restricted-Export-List, domestic price


LIC Raises Crores From Anchor Investors

Insurance giant LIC has raised Rs 5,000 crores from anchor investors. This comes ahead of its IPO. The LIC has allotted around 59.3 million shares to as many as 123 investors at the price of Rs 949 each. Domestic investors like SBI Mutual Fund,… read-more

TAGS: business, LIC, IPO, Insurance, Investment

Dave Chappelle, Netflix

Employees Offended By Shows Are Free To Leave The Company: Netflix

Netflix intimated that employees who are upset by its shows may leave the firm. It amended its corporate culture memo, titled "Netflix Culture - Seeking Excellence," on May 14, explaining that staff may be required to work on programs that… read-more

TAGS: Netflix, employees, dave chappelle, walkout, Work

KTR With Delegates In Davos

Telangana Miniter KTR Attracts Rs 600 Cr Investment For Telangana At WEF 22

Telangana IT, Urban Development Minister KT Rama Rao attracted international investment of Rs 600 crore for Telangana. On May 23, day one of the World Economic Forum 2022 in Davos, KTR met with the… read-more

TAGS: KT Rama Rao, International Companies, Davos, WEF 22, Investment