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The rupee depreciated 9 paise to close at an all-time low of 83.33 (provisional) against the US dollar on Wednesday, tracking a strong greenback against major rivals overseas and unabated foreign capital outflows.",
The Indian arm of the Swiss food giant Nestle reported a net profit of 9.34 billion rupees (2.03 million) for the three months ended March 31, compared with 7.37 billion rupees a year earlier.",
Its revenue from operations during April-June 2021 jumped 91.1 per cent to Rs 5,585.36 crore as against Rs 2,922.66 crore in the same period previous fiscal, Asian Paints said in a regulatory filing.",
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This vacation season, Europe seems to be on everyone’s bucket list. From Arjun Kapoor and Malaika Arora, to the Pataudi and Kapoor families, B-town seems to be liking Europe and its many picturesque locations. The latest celebrity to join the list is Karishma Tanna and her husband Varun Bangera.",
The Premier League has referred Manchester City to an independent commission over more than 100 alleged breaches of finance rules since the club were acquired by the Abu Dhabi-based City Football Group.",
“Eight of the injured are in hospital now. It happened when they were working on the site. We will know what happened only after the inquiry,” LB Nagar station house officer (SHO) B Anji Reddy told indianexpress.com.",
Addressing saints and priests during his visit to Naimisharanya in Sitapur district, the chief minister said the government was committed to “restore the Vedic and mythological glory of this region” while pointing out that earlier the place was neglected and denied development despite being located near the capital of Lucknow."
In addition to Mumbai residents, several non-residential Indians (NRIs) too exercised their voting rights on Monday, with many specifically traveling to the financial capital for the ongoing Lok Sabha elections."
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Dhiraj Relli, MD & CEO at HDFC Securities said, “In a surprise meeting today, RBI announced a repo rate hike by 40 bps (to 4.4%) and an increase in the CRR rate by 50 bps. RBI is no longer behind the curve to react to rising inflation numbers. In terms of timing, it took everyone by surprise and the hike of 40 bps is higher than the market expectation of 25 bps in the June Meet. This apart, the increase in CRR by 50 bps will withdraw Rs 87,000cr liquidity in the system. Immediately on the announcement, all interest-rate sensitive stocks fell sharply including Banks, Auto, Real estate, etc. Coming ahead of the US Fed announcement due today, the RBI has taken the lead for the time being after being blamed for being behind the curve by some economists. Nifty could remain under pressure for some time.”"
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