The rupee closes against the US dollar at a record low of 94.05

The rupee closes against the US dollar at a record low of 94.05

In terms of interbank foreign exchange, the local currency began trading at 93.94 versus the US dollar and fluctuated between 93.86 and 94.08 before reaching an all-time low of 94.05 (provisional), down 29 paise from its previous closing. Heavy FII withdrawals and simmering tensions in West Asia had investors on edge as the rupee fell … Read more

Gold & Silver Surge Amid US-Iran Talks, Market Volatility

Gold & Silver Surge Amid US-Iran Talks, Market Volatility

Despite increased anticipation of a de-escalation in the Iran conflict and possible negotiations between the United States and Iran, precious metals saw strong purchasing in Wednesday’s trading as attacks continued to spread around West Asia. Gold and Silver Surge Amid Geopolitical Uncertainty On March 25, April gold futures increased $199 to reach an intraday high … Read more

India Pushes Development Agenda at WTO MC14

India Pushes Development Agenda at WTO MC14

At the World Trade Organization’s 14th Ministerial Conference (MC14), which will start on March 26 in Yaoundé, Cameroon, India will advocate for a development-focused revision of international trade regulations, along with advancements in e-commerce, fisheries subsidies, and agriculture, the commerce ministry said in a statement on Wednesday. India to Push Development Agenda at WTO MC14 … Read more

Patna Builds 8 New Drainage Stations to Prevent Waterlogging

In order to avoid waterlogging during the monsoon, the Bihar Urban Infrastructure Development Corporation Limited (BUIDCO) has finished building eight new drainage pumping stations (DPS) in Patna. Patna Strengthens Drainage System Ahead of Monsoon These stations, which are situated in places like Rajiv Nagar, Danapur, and Patna City, have high-capacity pumps. BUIDCO, a Bihar government … Read more

CCPA Warns Restaurants Over Hidden LPG and Fuel Charges

CCPA Warns Restaurants Over Hidden LPG and Fuel Charges

Fuel, LPG, electricity, and other operational costs are included in the cost of operating a business and must be taken into account when setting menu prices, according to the CCPA. CCPA Warns Restaurants Against Hidden Fuel Charges The Central Consumer Protection Authority (CCPA) cautioned hotels and restaurants on Wednesday against imposing extra fees like “LPG … Read more