Rupee depreciates against dollar, loses 4 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 4 paise at Rs 77.56 against the dollar. At the same time, on Monday, the rupee strengthened by 3 paise to close at Rs 77.52 against the dollar.
Panipat textile exports down 60%, courtesy Ukraine war, rise in yarn pricesThe Russia-Ukraine war, hike in cotton yarn prices and freight charges have hit Panipat’s export business by up to 60 per cent this year. Cancellation and halting of orders has put exporters in trouble.Panipat generally has around Rs 45,000-crore annual turnover, including Rs 15,000 crore from exports alone. Around 450 units functioning here export handloom products, blankets, bed sheets, cushions and hundreds of other items all over the world. Lalit Goyal, president of the Panipat Exporters’ Association, said cotton yarn prices had increased to around Rs 330 per kg from Rs 160 per kg earlier. Open-end yarn, which was earlier available at Rs 120 a kg, had gone up to Rs 170-190 a kg now, he said.The slowdown in exports started in the beginning of this year. There were hardly any fresh orders from overseas buyers. The previously placed orders were also cancelled or held up by them, Goyal asserted.“If the situation doesn’t improve in the coming days, textile exporters will lose business worth around Rs 7000-8000 crore this fiscal. That will be a big setback for Panipat-based exporters,” he said. Ashok Gupta, vice-president of the association, said skyrocketing freight charges had increased the production cost by 15-18 per cent. “The economic conditions in America and Europe have led to a slump in demand, thus adversely affecting the Panipat textile industry. If the situation doesn’t improve, employment crisis will also set in,” he said.The industryRs 45,000-cr annual turnover of Panipat textile industry Rs 15,000 cr out of this comes from exports only Rs 8,000 cr likely reduction in exports, if the situation does not improve 450 textile export units functional in PanipatThe blowRs 330 per kg is the cotton yarn price; up from the earlier Rs 160/kg Rs 190 per kg price of open-end yarn; up from Rs 120/kg 18% hike in the production cost due to the increased freight charges
Today evening, the rupee strengthened by 3 paise to close at Rs 77.52 against the dollar.Sensex falls, closes by breaking 38 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 54288.61 points, down 37.78 points.On the other hand, Nifty closed at the level of 16214.70, down by 51.50 points.
Sensex rises further, opens up 239 pointsToday the stock market opened with great momentum. Today, the BSE Sensex opened with a gain of 239.28 points at the level of 54565.67 points. On the other hand, the Nifty of NSE opened with a gain of 60.50 points at the level of 16326.70 points.
Rupee collapses against dollar, opens 13 paise weakerRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a loss of 13 paise at Rs 77.68 against the dollar. At the same time, the rupee on Friday closed at Rs 77.55 with a gain of 18 paise against the dollar.
All India Weather Forecast for May 23, 2022Countrywide weather systemsThe Western Disturbance is over North Pakistan and adjoining parts of Jammu and Kashmir.A Cyclonic Circulation is persisting over Northeast Rajasthan and adjoining areas.A trough is extending from Northeast Rajasthan to Meghalaya across East Assam, Bihar, Sub-Himalayan West Bengal.A Cyclonic Circulation is persisting over Rayalaseema.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain with isolated heavy falls occurred over Gangetic West Bengal and Odisha Coast and South Assam.Light to moderate rain occurred over Northeast India, Interior Odisha, Jharkhand, Kerala, Coastal Karnataka, Lakshadweep, parts of North Uttar Pradesh and North Islands of Andaman and Nicobar.Light rain occurred at isolated places over Jammu and Kashmir, Chhattisgarh, North and East Madhya Pradesh, Konkan and Goa and Interior Karnataka, Rayalaseema, Tamil Nadu, East Uttar Pradesh, Bihar and Uttarakhand.Dust storm, light rain and one or two hailstorms occurred over Punjab, Haryana, North Rajasthan, Delhi and western parts of Uttar Pradesh.The heat wave subsided across the country.Weather activity likely during next 24 hoursLight to moderate rain may occur over West Bengal, parts of Sikkim, Mizoram, Tripura, parts of Kerala and northern Andaman and Nicobar Islands on May 22. On May 23, rain activities will increase over Western Himalayas and parts of Uttar Pradesh. On May 23, hailstorm activities may occur in parts of Himachal Pradesh, Uttarakhand and Uttar Pradesh.Light to moderate rain may occur over parts of Northeast India, Bihar, Jharkhand, Uttar Pradesh and Jammu and Kashmir.Light rain at one or two places is likely over North and East Rajasthan, parts of Madhya Pradesh, Chhattisgarh, Odisha, Himachal Pradesh and Uttarakhand.Dust storm, thundershower with isolated hailstorm activities are very likely to occur over parts of Punjab, Haryana, Uttar Pradesh, Rajasthan and Delhi Sound Means 22 and 23.Light rain is possible at isolated places over Konkan & Goa, South Madhya Maharashtra, Rayalaseema, Tamil Nadu, Andhra Pradesh and Telangana.
Today evening, the rupee strengthened by 18 paise to close at Rs 77.55 against the dollar.Huge rise in Sensex, closed up by 1534 pointsToday the stock market closed sharply.Today, where the Sensex rose by about 1534.16 points, closed at the level of 54326.39 points.On the other hand, Nifty closed at 16266.20 with a gain of 456.80 points.
Rupee opens 21 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with the strength of 21 paise at Rs 77.51 against the dollar. At the same time, on Thursday, the rupee closed at Rs 77.74 with a weakness of 14 paise against the dollar.
Sensex rises again, opens up 759 pointsToday the stock market opened with great momentum. Today, the BSE Sensex opened with a gain of 759.11 points at the level of 53551.34 points. On the other hand, the Nifty of NSE opened with a gain of 237.60 points at the level of 16047.00 points.
All India Weather Forecast for May 20, 2022Countrywide weather systemsConditions are becoming favorable for further advance of Southwest Monsoon into some more parts of South and Central Bay of Bengal and some parts of South Arabian Sea during next 48 hours.A Cyclonic Circulation lies over North Interior Tamil Nadu and adjoining region.A trough is extending from Northeast Madhya Pradesh to Interior Tamil Nadu across Vidarbha, Marathwada and Interior Karnataka.A Cyclonic Circulation is persisting over East Central parts of Rajasthan.A Western Disturbance is over Jammu and Kashmir and adjoining region.An East West Trough is running from North West Rajasthan to West Assam passing through South Uttar Pradesh, South Bihar and Sub Himalayan West Bengal.Weather movement across the country during the last 24 hoursDuring the last 24 hours, moderate to heavy rains occurred over many parts of Meghalaya, Assam, Arunachal Pradesh and parts of Kerala.Light to moderate rain with isolated heavy falls occurred over Andaman and Nicobar Islands, rest of Northeast India and parts of Karnataka.Light to moderate rain occurred over Lakshadweep, Rayalaseema, Coastal Andhra Pradesh, parts of Telangana, Sikkim, Sub-Himalayan West Bengal and Uttarakhand.Light rain occurred at isolated places over Tamil Nadu, parts of Chhattisgarh, Jharkhand, North Punjab, North Haryana, Jharkhand, Goa and Northeast Madhya Pradesh.Weather activity likely during next 24 hoursDuring the next 24 hours, light to moderate rain with isolated heavy falls is likely over Coastal Karnataka, North Interior Karnataka, parts of Kerala, Lakshadweep, Andaman and Nicobar Islands, West Assam and Meghalaya.Light to moderate rain may occur over rest of Northeast India, Sub-Himalayan West Bengal, East parts of Bihar, parts of Rayalaseema, Tamil Nadu, Jammu and Kashmir, Gilgit-Baltistan, Muzaffarabad, Ladakh and parts of Himachal Pradesh.Light rain is possible over Uttarakhand, East Jharkhand, parts of Odisha, South Chhattisgarh, Vidarbha, Marathwada, South Konkan and Goa, one or two parts of South Madhya Maharashtra and Coastal Tamil Nadu.Heat wave is possible in isolated parts of Rajasthan, South Haryana and Madhya Pradesh and heatwave may reach parts of Odisha by May 21 and 22.
The rupee declined by 14 paise to close at Rs 77.72 against the dollar this evening.Huge fall in Sensex, 1416 points closed after breakingToday the stock market closed with a fall.Today, where the Sensex closed at a level of 52792.23 points, down 1416.30 points.On the other hand, Nifty closed at a level of 15809.40 points down by 430.90 points.
Sensex collapses as soon as it opens, registers a fall of 885 pointsToday the stock market opened with a fall. Today the BSE Sensex fell by about 884.50 points and opened at the level of 53324.03 points. On the other hand, the Nifty of NSE opened with a decline of 263.30 points at the level of 15977.00 points.
Rupee rumbles against dollar, opened 14 paise weakRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 14 paise at Rs 77.72 against the dollar. At the same time, on Wednesday, the rupee closed at Rs 77.58 with a weakness of 2 paise against the dollar.
The rupee declined by 2 paise to close at Rs 77.58 against the dollar this evening.Share market decline, Sensex breaks 110 points moreToday the stock market closed with a fall.Today, where the Sensex fell by about 109.94 points, closed at the level of 54208.53 points.On the other hand, Nifty closed at the level of 16240.30 points down by 19.00 points.
Rupee opens 2 paise stronger against dollarRupee opened with strength today against the dollar in the foreign exchange market. Today the rupee opened with a strength of 2 paise at Rs 77.54 against the dollar. At the same time, on Tuesday, the rupee closed at Rs 77.56 with a weakness of 11 paise against the dollar.
All India Weather Forecast for May 18, 2022Countrywide weather systemsConditions are favorable for further advance of Southwest Monsoon into some parts of South Bay of Bengal, entire Andaman Sea, Andaman Islands and parts of East Central Bay of Bengal during next 2 to 3 days.A Cyclonic Circulation is persisting over South-West Bay of Bengal off Tamil Nadu Coast.Another cyclonic circulation lies over Lakshadweep and adjoining southeast Arabian Sea.A trough is extending from Northeast Madhya Pradesh to North Interior Tamil Nadu across Vidarbha and Interior Karnataka.Another trough is lying at a low level from West Uttar Pradesh to Jharkhand.A cyclonic circulation is persisting over the adjoining Punjab region.Weather movement across the country during the last 24 hoursDuring the last 24 hours, Assam, Meghalaya, Arunachal Pradesh, Karnataka and Lakshadweep received moderate to heavy rains.Light to moderate rain with isolated heavy falls occurred over Tamil Nadu, Rayalaseema, Sikkim, East Bihar and Andaman and Nicobar Islands.Light to moderate rain occurred over parts of Himachal Pradesh, Uttarakhand and West Bengal.Light rain occurred over East Uttar Pradesh, parts of Bihar and one or two parts of Goa, Telangana, Chhattisgarh and Coastal Andhra Pradesh.Heat wave conditions were observed over parts of Punjab, Himachal Pradesh, South along with Uttar Pradesh and Northeast Madhya Pradesh.Weather activity likely during next 24 hoursDuring the next 24 hours, moderate to heavy rains are likely to continue over Meghalaya, parts of Assam, Arunachal Pradesh, Andaman and Nicobar Islands, South Karnataka and Kerala.Light to moderate rain with isolated heavy falls is possible over Tamil Nadu, Rayalaseema and Sikkim.Light rain with one or two places may occur over Western Himalayas, Eastern parts of Bihar and West Bengal.Light rain is possible over Jharkhand, Odisha, Chhattisgarh, Telangana and parts of Vidarbha and Goa.Heat wave conditions are possible over parts of Madhya Pradesh, Bihar and Jharkhand.
The rupee declined by 11 paise to close at Rs 77.56 against the dollar this evening.Sensex rises by 1345 pointsToday the stock market closed sharplyToday, where the Sensex closed at the level of 54318.47 points with a gain of 1344.63 points.On the other hand, Nifty closed at the level of 16259.30 points down by 417.00 points.
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Rupee rumbles against the dollar, 24 paise open weakRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 24 paise at Rs 77.69 against the dollar. At the same time, on Friday, the rupee closed at Rs 77.45 with a weakness of 3 paise against the dollar.
Sensex rises further, opens up 262 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 262.08 points to open at the level of 53235.92 points. On the other hand, the Nifty of NSE opened with a gain of 87.20 points at the level of 15929.50 points.