The S&P BSE benchmark Sensex on Tuesday retreated from one-week high levels to end nearly 103 points down on selling pressure in rate-sensitive sectors and fresh weakness in rupee, amid global markets adopting caution ahead of US Fed's decision over continuing monetary stimulus.Sensex, Nifty, BSE, NSE, Stock close, Share market,
Both the precious metals, gold and silver, rebounded on Tuesday on stockists buying amid concerns over weakening rupee. While gold surged by Rs 230 to Rs 28,480 per ten grams, silver gained Rs 250 to Rs 44,600 per kg on increased offtake.
Over 50 million PF subscribers can now access their accounts online as retirement fund body Employees' Provident Fund Organisation (EPFO) launched its e-Passbook service on Friday.
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Auto major Ford on Monday said its latest SUV Ecosport is being rolled out from its manufacturing facility at nearby Maraimalai Nagar. The Chennai facility is the third of five plants where Ford EcoSport will be manufactured. Currently, the SUV is being produced in Brazil, China,and production would begin in Thailand, Russia, a company statement here said.
India Post on Tuesday announced starting logistic services in association with Air India at 15 airports in India. The service will be at 15 linking airports, Agartala, Delhi, Mumbai, Kolkata, Nagpur, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Imphal, Guwahati, Patna, Lucknow & Trivandrum (Thiruvananthapuram), an official statement said.
The rupee on Tuesday plunged by 56 paise, or almost 1 percent, to trade at 58.43 against the dollar in morning trade at the Interbank Foreign Exchange market due to renewed dollar demand from importers and appreciation of the US currency overseas.Rupee against dollar, Interbank foreign exchange market, US Federal Reserve, RBI policy rates,