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USDINR

From Underground Economies to Digital Transactions: Unveiling the Eight Profound Impacts of ₹2000/- Soft Demonetization – An Exclusive Revelation by CurrencyVeda

Date: May 21, 2023 In a bold move aimed at curbing black money and promoting a formal economy, the implementation of ₹2000/- soft demonetization is poised to bring significant changes to India’s economic landscape. In this news article, we will thoroughly analyze the impacts of the ₹2000/- soft demonetization on India’s economy, backed by concrete…

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Sun Pharma Q2 Results

Markets in a 9-days rally, longest since Oct 2020; IT stocks nosedive, Infosys top loser ahead of Q4

Even though Indian markets rose for the ninth straight day on Thursday, the advance was curtailed by a severe selloff in IT companies following significant Q4 earnings. Strong purchasing in the banking and auto sectors would be what freed the Sensex and Nifty 50 from the bears’ hold. Also, optimism for a further RBI repo…

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IPO

Avalon Technologies IPO: What GMP signals after announcement of share allotment

Avalon Technologies IPO: Avalon Technologies Ltd.’s initial public offering (IPO) has announced the allocation of shares, and now lucky allottees and market watchers are eagerly awaiting the company’s anticipated 18th April 2023 listing date. Shares of Avalon Technologies Ltd. are currently available at a premium of $10 in grey market after retreating from a double-digit…

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H1 FY24

Rupee rises 18 paise to 81.93 against US dollar in early trade

In early trade on Thursday, the rupee strengthened 18 paise to 81.93 against the US dollar, following the American currency’s widespread decline in the global market.Foreign capital inflows, according to forex merchants, also strengthen the local currency.The native currency at the interbank foreign exchange started out at 81.99 against the dollar before rising to 81.93,…

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