MUMBAI: The rupee breached the 84/dollar mark for the first time Friday, settling at 84.06, down 12 paise from Thursday’s close of 83.94. Opening at 83.98, the currency touched an intraday record low of 84.07.The breach of the 84 level is significant as RBI had defended this threshold for over two months. Friday’s intervention marked…
NEW DELHI: About 193 companies, ranging from Reliance Industries, Larsen & Toubro, Maruti Suzuki, Jubilant FoodWorks and Eicher Motors, have offered over 90,000 internships through the PM Internship scheme portal, which opens to applicants on Oct 12 evening.As of Friday, 90,849 internship opportunities have been posted by 193 companies, including major private sector players, sources…
NEW DELHI: India has emerged as the largest engineering base for American semiconductor giant Qualcomm – bigger than even home market US – as the company rides on high-end local technical talent as well as affordable costs to develop solutions that are deployed across global markets.Such has been the success of the company’s work in…
NEW DELHI: The country’s industrial output contracted for the first time in 22 months in Aug, dragged down by the high base effect and decline in mining and electricity and a weak manufacturing sector.Data released by the National Statistics Office (NSO) on Friday showed the index of industrial production (IIP) contracted 0.1% in Aug compared…
The pace of price increases over the past year was higher than forecast in September while jobless claims posted an unexpected jump following Hurricane Helene and the Boeing strike, the Labor Department reported Thursday. The consumer price index, a broad gauge measuring the costs of goods and services across the U.S. economy, increased a seasonally…
