Business

RBI transfer to own fx reserves, arrest Re fall

The Reserve Bank of India (RBI) Wednesday took the first step to attract dollar inflows amid an unabated outflow of portfolio funds, seeking to salvage the sinking rupee from its lifetime lows against the US currency and conserve a fast-depleting foreign exchange stockpile assiduously accumulated when global liquidity was plentiful.The central bank eased several curbs…

Published

2 years ago

July 6, 2022

Shrishti

RBI transfer to own fx reserves, arrest Re fall

The Reserve Bank of India (RBI) Wednesday took the first step to attract greenback inflows amid an unabated outflow of portfolio funds, looking out for to salvage the sinking rupee from its lifetime lows in opposition to the US foreign money and preserve a fast-depleting international change stockpile assiduously accumulated when world liquidity became abundant.The central bank eased a couple of curbs on the depart of international investments…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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