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Tuesday, May 17, 2022
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Currency

Venezuela Introduces New Currency With 6 Fewer Zeros

Oct 01, 2021 Associated Press (AP)

The highest denomination until now was a 1 million bolivar bill that was worth a little less than a quarter as of Thursday. The new currency tops out at 100 bolivars, a little less than $25, until inflation starts to eat away at that as well.

Forex Reserves Descend To $638.65 Billion

Oct 01, 2021 Outlook Business Team

The apex bank stated that the fall in reserves was on account of a fall in the foreign currency assets (FCAs) which is a major component of the overall reserves.


Atom Launches CBDSC For Flexibility In Execution Of Eco Policies

The CBDSC, which is an improvement over the current Central Bank Digital Currency (CBDC) projects, will also allow governments and central banks to maintain a unique monetary policy on top of existing CBDCs.

Received Torn Note From ATM? Here's How You Can Exchange It

Aug 31, 2021 Outlook Web Bureau

The notes so presented shall be accepted, exchanged and adjudicated in accordance with Reserve Bank of India (Note Refund) Rules, 2009.


Rupee Plummets 13 Paise To Close At 74.42 Against US Dollar

The local currency experienced a lot of volatility on the interbank foreign exchange market. It began the day at 74.30 vs the dollar, reaching an intra-day high of 74.27 and a low of 74.44.

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30 July, 2021

Rupee Inches 2 Paise Higher At 74.27 Against US Dollar In Early Trade

PTI

The local unit opened at 74.30 against the dollar on the interbank foreign exchange, then inched higher to 74.27, a gain of 2 paise over its previous close.


29 July, 2021

Rupee Gains 9 Paise To Close At 74.29 Against US Dollar

PTI

The local unit opened at 74.32 against the greenback and witnessed an intra-day high of 74.22 and a low of 74.34


29 July, 2021

Rupee Rises 13 Paise To 74.25 Against US Dollar In Early Trade

PTI

The local unit opened at 74.32 versus the dollar on the interbank foreign exchange, then inched higher to 74.25, a gain of 13 paise over its previous closing.


28 July, 2021

Rupee Recovers 9 Paise To Close At 74.38, Snaps 2-Day Losing Run

PTI

At the interbank foreign exchange market, the local unit opened at 74.44 against the dollar and witnessed an intra-day high of 74.31 and a low of 74.49 during the session.


28 July, 2021

Rupee Inches 4 Paise Higher To 74.43 Against US Dollar In Early Trade

PTI

The local unit opened at 74.44 against the dollar on the interbank foreign exchange, then inched higher to 74.43, a gain of 4 paise over its previous finish.


27 July, 2021

Rupee Slips 5 Paise To Close At 74.47 Against US Dollar

PTI

The local unit opened at 74.36 against the dollar and witnessed an intra-day high of 74.35 and a low of 74.54 during the session


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26 July, 2021

Rupee Falls 4 Paise To 74.44 Against US Dollar In Early Trade

PTI

The rupee opened at 74.43 versus the dollar on the interbank foreign exchange, then slipped to 74.44, a drop of 4 paise from its previous finish.


22 July, 2021

Rupee Gains For Second Straight Session, Settles At 74.46/USD

PTI

The rupee opened at 74.46, and hit an intra-day high of 74.33 and a low of 74.53. It finally finished at 74.46, higher by 15 paise over its last close


22 July, 2021

Sensex Rallies 639 Points; Nifty Tops 15,800

PTI

The 30-share BSE index ended 638.70 points or 1.22 per cent higher at 52,837.21, while the broader NSE Nifty surged 191.95 points or 1.23 per cent to 15,824.05


22 July, 2021

Sensex Jumps Over 400 Points In Early Trade; Nifty Tops 15,750

PTI

The 30-share BSE index was trading 444.17 points or 0.85 per cent higher at 52,642.68 in initial deals, while the broader NSE Nifty surged 129.15 points or 0.83 per cent to 15,761.25.


20 July, 2021

Rupee Makes U-Turn, Settles 27 Paise Higher At 74.61 Against USD

PTI

The local unit opened weak at 74.93 a dollar and touched a low of 74.95 and high of 74.55 during the day.


19 July, 2021

Global Shares Fall On Virus Fears; Oil Slips On OPEC Deal

Associated Press (AP)

France's CAC 40 shed 1.1 per cent in early trading to 6,388.62, while Germany's DAX was down 1.1 per cent at 15,370.28


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19 July, 2021

Covid Impact: Asian Shares Fall As Wall Street Declines Amid Pandemic

Associated Press (AP)

Japan's benchmark Nikkei 225 shed nearly 1.2 per cent in early trading to 27,677.60, while South Korea's Kospi slipped 0.9 per cent to 3,247.68.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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Fact-Check

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Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.

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Opinion

The Future of Universities: Can India Overcome The Digital Divide?

The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.

Jan 15, 2022 Saikat Majumdar

Super Immunity, Natural Vaccines, Covid Gods: A Desi Guide To Denying The Pandemic

Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.

Jan 08, 2022 Rakhi Bose

What Is The Future Of The Liberal Arts In Asia?

Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.

Jan 01, 2022 Saikat Majumdar

Nagaland To Lakhimpur Kheri: Rights, Regimes And Restitutions in Times Of Turbulence

The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.

Dec 28, 2021 Tanvir Aeijaz