Tag: US dollar

Rupee sees high volatility against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 86.56, and fell to a low of 86.71 against the greenback in a highly volatile...

Rupee pierces 86/USD mark to hit record low of 86.40 against US dollar in early trade

Compounding the Rupee’s woes is the sharp rise in crude oil prices, which has placed further strain on India’s current account The Rupee pierced the psychologically crucial...

Rupee turns flat at 85.79 against US dollar in early trade

The rupee turned flat at 85.79 against the US dollar in early trade on Monday as positive domestic equity markets failed to boost sentiment amid sustained...

UAE is third-largest US dollar debt issuer among emerging markets in H1 2024

The UAE was the third-largest US dollar debt issuer among emerging markets, excluding China, with a share of 8.9 per cent of the total...

UAE’s merchandise, services trade reach Dh4.61 trillion in 2023

UAE’s merchandise and services trade totalled $1.258 trillion (Dh4.61 trillion) last year, reaching almost the same level as the previous year driven by services...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...