Exxon to permanently shut one steam cracker in Singapore from March, sources say
Exxon to permanently shut one steam cracker in Singapore from March, sources say Source link
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Rupee under pressure, but “not a panic situation yet, says Abhishek Goenka
In a week dominated by currency-market jitters, the Indian rupee’s slide towards the 90 mark has sparked intense speculation across trading desks. While the Reserve Bank of India stepped in briefly earlier this week—preventing the currency from breaching that psychological barrier—market participants are now debating what comes next. Speaking to ET Now, currency expert Abhishek…
Fallout of rupee breaching 90 mark: Get ready to pay higher for consumer goods; here’s what may become costlier
Manufacturers of smartphones, laptops, televisions and major appliances have indicated plans to hike prices. (AI image) Consumers may soon have to brace for higher prices! The depreciation of the rupee beyond Rs 90 against the US dollar could force various sectors including consumer electronics, beauty products, and automobile manufacturers to increase their prices. This increase…
‘Strategic mistake’? Hundreds of IndiGo flights canceled as new pilot duty norms kick in – top things to know about new DGCA roster rules
IndiGo, India’s largest airline, has delayed or cancelled hundreds of flights over the past two days as it struggles with new pilot rest and duty-hour norms, even a month after the aviation regulator implemented them. The airline, which operates around 2,300 domestic and international flights each day, said on Wednesday that a “multitude of unforeseen…
Reliance Retail taps former Flipkart exec as CEO
MUMBAI: Reliance Retail Ventures has appointed former Flipkart executive Jeyandran Venugopal as president & CEO as the company prepares for an IPO.Jeyandran’s mandate is to strengthen the retail portfolio, accelerate omni-channel growth and drive technical and operational excellence. He will work closely with Isha Ambani, executive director at Reliance Retail Ventures and the leadership team…
Stock market today: Nifty50 opens below 26,000; BSE Sensex down around 100 points
Market analysts anticipate range-bound trading in the short term, with focus on currency movements, RBI policy signals, and trade talk progress. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in red on Thursday. While Nifty50 was below 26,000, BSE Sensex was down nearly 100 points. At 9:19 AM, Nifty50…
India to lead global sales: Scotch Whisky Association
NEW DELHI: India will lead sales of scotch globally as rising disposable incomes and lower import duty — once the India-UK Comprehensive Economic and Trade Agreement (CETA) comes into play — will spur demand and drive greater engagement between whisky companies of the two countries, the top body representing Scotch whisky makers has said.The Scotch…