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Rupee rises 13 paise to 86.60 against US dollar in early trade

Rupee rises 13 paise to 86.60 against US dollar in early trade

Mumbai, Jun 20 (PTI) Rupee rose 13 paise to 86.60 against the US dollar in early trade on Friday over a decline in global crude oil prices and a weakening greenback. The rupee had lost 30 paise to close at an over two-month low of 86.73 against the US dollar on Thursday, logging a combined loss of 69 paise during the past three sessions. At the interbank foreign exchange, the rupee opened at 86.65 against the US dollar before rising to 86.60, up 13 paise from its previous close. “The uncertainty of Iran-Israel war remains, and US President Donald Trump

Professor Suman Chakraborty appointed IIT Kharagpur Director

Professor Suman Chakraborty appointed IIT Kharagpur Director

Kolkata, Jun 20 (PTI) Suman Chakraborty, the Institute Chair Professor in the Mechanical Engineering Department of IIT Kharagpur, and Sir J C Bose National Fellow of the Department of Science and Technology, has been appointed the director of IIT Kharagpur, the institute said in a statement on Friday night. Chakraborty, who will take over from the current acting director professor Amit Patra, will be in office for a period of five years with effect from the date of taking charge or till attaining the age of 70 years, whichever is earlier. Chakraborty was recently awarded the 2026 TWAS Award in

Silver rallies to hit fresh peak, gold gains Rs 540 as Israel-Iran conflict intensifies

Silver rallies to hit fresh peak, gold gains Rs 540 as Israel-Iran conflict intensifies

New Delhi, Jun 18 (PTI) Silver prices rallied Rs 1,000 to hit a record high of Rs 1,08,200 per kilogram while gold gained Rs 540 to stay above Rs 1 lakh per 10 grams in the national capital on Wednesday as the Israel-Iran conflict intensified on its sixth day, driving investors to safe-haven assets. According to the All India Sarafa Association, the white metal had closed at Rs 1,07,200 per kg in the preceding session on Tuesday. On Friday, silver had revisited its previous all-time high of Rs 1,08,100 per kg. “Silver prices extended gains and crossed USD 37 per

Rupee falls 13 paise to close at 86.47 against US dollar

Rupee falls 13 paise to close at 86.47 against US dollar

Mumbai, Jun 18 (PTI) The rupee depreciated 13 paise to close at 86.47 (provisional) against the US dollar on Wednesday, dragged down by risk-off sentiments and elevated crude oil prices. Forex traders said the rupee dwindled amid weak domestic equity markets and the broad strength of the dollar. Moreover, elevated global crude oil prices and selling pressure from foreign investors also weighed on the local unit, they said, adding that the domestic markets are falling on risk aversion in the global markets amid the ongoing geopolitical tensions in the Middle East. At the interbank foreign exchange, the domestic unit witnessed

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