The Indian rupee on Thursday touched a fresh all-time low of 70.40 against the US dollar after the country's trade deficit widened to a more than 5-year high in July. The rupee ended at 70.16 a dollar, down 0.38%, from its Tuesday’s close of 69.89. The currency opened at 70.25 and touched an all time low of 70.40 a dollar. On Wednesday, markets were closed due to Independence Day. The local currency closed below the 70-mark for the first time after it settled at 70.16. The rupee has fallen about 9% against the dollar so far this year. The 10-year bond yield ended trading at 7.863%, from its previous close of 7.818%. Bond yields and prices move in opposite directions.
Mumbai Singing legend Lata Mangeshkar passed away on Sunday at a hospital in Mumbai her sister Usha Mangeshkar said today The 92yearold singer had tested positive for COVID19 with mild symptoms and was admitted on January 8 to Breach Candy Hospitals intensive care unit ICU where she was being treate
Kochi Federal Bank had invited applications for Federal Bank Hormis Memorial Foundation Scholarships for the academic year 202122 The last date for the same has been extended to 31st January 2022 Students belonging to the States of Kerala Tamil Nadu Gujarat and Maharashtra are eligible to apply for
January 01 2022 is crucial for the LIBOR transition process since all the new transactions will be referenced to the new benchmark rates from this date as per the recommendations of RBI and other banking regulators across the world SBI has been one of the first banks to have signed the ISDA 2020
Kochi Federal Bank India’s leading Private Sector Bank today signed a Memorandum of Understanding MoU with Schwing Stetter India Ltd a Subsidiary of Schwing GMBH Germany one of the largest manufacturers of Concrete and Construction equipment in India The MoU was Signed by Mr Harsh Dugar Group Pres
Kochi The Law School Admission Council LSAC has announced the administration of the LSAT—India 2022 in two cycles using the online proctored format that will allow law school aspirants to take the test safely from the convenience of their own homes The first administration of the test will be conduc