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New Delhi: The Railway ministry issued a circular on Monday, increasing the fares of the non-air-conditioned class in mail and express trains by 1 paisa and all air-conditioned classes by 2 paise per kilometre from July 1. The fares of suburban trains and monthly season tickets have been left unchanged in the interest of daily commuters. The ordinary second-class fare has not been increased for up to 500 km and for distances beyond that, there is an increase in the ticket prices by half a paisa ...Read More >
Mumbai: The Indian rupee weakened 28 paise to 85.75 per dollar on Monday due to strong dollar demand by both foreign and domestic banks, even as other Asian currencies strengthened amid a weaker dollar index. The domestic unit had previously closed at 85.47/$1. The Reserve Bank of India likely intervened by purchasing dollars via state run banks, traders said. The rupee traded in a range of 85.44/$1 to 85.78/$1, LSEG data showed. Dollar index was trading near its 3-year low at 97.1. "There was ...Read More >
Bengaluru: Congress national general secretary Randeep Singh Surjewala Monday kicked off a feedback-cum-review exercise in Karnataka, aimed at evaluating the performance of the govt led by chief minister Siddaramaiah and to quell murmurs of dissent.The move also comes amid speculation of a change at the helm and a cabinet reshuffle, but Surjewala firmly denied any connection to changes at the top."This is purely an organisational exercise," Surjewala said. "Unlike what is being projected -- whic ...Read More >
New Delhi (India) June 30 (ANI): In a move aimed at streamlining fare structures and enhancing the financial sustainability of passenger services, the Ministry of Railways has rationalised the basic fare of Passenger train services, effective from 01 July 2025. The revised fares are based on the updated Passenger Fare Table issued by the Indian Railway Conference Association (IRCA), the railways said in a release. As per the release, no change in Suburban single journey fares and Season Tickets ...Read More >
Bengaluru, Jun 30 (PTI) In a crackdown against autorickshaws overcharging and plying illegally, Karnataka transport department authorities on Monday registered 260 cases and seized 98 vehicles. The action came days after state Transport Minister Ramalinga Reddy directed the transport commissioner to take strict action against app-based and other autorickshaws in Bengaluru that charge fares above the government-fixed rates, calling the practice a "daylight robbery". In a letter dated June 28, t ...Read More >
Srinagar- Get ready for a series of significant financial and travel regulation changes rolling out across India starting July 1. These updates will impact everything from how you file your income tax returns to how you use your credit cards and book train tickets, directly affecting individual taxpayers and customers of major banks like HDFC, SBI, and ICICI. One of the most impactful changes comes from the Central Board of Direct Taxes (CBDT). From Tuesday, Aadhaar verification will be mandato ...Read More >
New Delhi (India) June 30 (ANI): In a move aimed at streamlining fare structures and enhancing the financial sustainability of passenger services, the Ministry of Railways has rationalised the basic fare of Passenger train services, effective from 01 July 2025. The revised fares are based on the updated Passenger Fare Table issued by the Indian Railway Conference Association (IRCA), the railways said in a release. As per the release, no change in Suburban single journey fares and Season Tickets ...Read More >
New Delhi, June 30 (SocialNews.XYZ) The Ministry of Railways on Monday announced a new fare structure for passenger train services, which will come into effect from July 1. One of the key highlights of the revised structure is that there will be no increase in fares for ordinary non-AC class passengers travelling up to 500 kilometres. The fare rationalisation aims to streamline the existing fare system and improve the financial health of passenger services. The updated fare chart has been iss ...Read More >
Mumbai, Jun 30 (PTI) The rupee pared initial gains and settled for the day in the negative territory, down 26 paise at 85.76 against the US dollar on Monday, on weak domestic equities and a bounce back in crude oil prices. Forex traders said the rupee opened in the positive on improved global risk sentiments, however, a negative trend in domestic equities dented investor sentiments and dragged down the local unit. At the interbank foreign exchange, the rupee opened at 85.48 against the US doll ...Read More >
Mumbai, June 30: In a significant move, the Indian Railways will revise passenger fares across multiple classes starting July 1, 2025, marking the first such increase in five years. This fare hike is being described by officials as the lowest in the past 12 years and is aimed at improving the financial sustainability of passenger services. The Ministry of Railways said that the revision will contribute an additional INR 1,500 crore in annual revenue, which will be used to enhance passenger amen ...Read More >
New Delhi: The month of July is going to start after a few hours, which will prove to be very important for common people as well as special people. Many big changes are going to be implemented across the country from July 1, 2025. The effect of the new rules will be seen from credit card users to LPG users. Apart from this, it will also affect the railway passengers. Users using credit cards of banks like HDFC Bank, SBI are expected to get a big shock. The new order of CBDT for PAN card applic ...Read More >
New Delhi: Actor Raja Chaudhary, in his latest interview with Hindi Rush, opened up on many things personal. He talked about his divorce from ex-wife Shweta Tiwari, her failed second marriage and daughter, Palak Tiwari's rumoured relationship. In an interview with Hindi Rush, he shared, "Resolving an issue or not is secondary, what is important is that, as humans, we need to have at least one conversation about the issue. Instead of creating that opportunity, Shweta brutally decided to take my ...Read More >
Mumbai: The rupee rose 22 paise to close at 85.50 against the greenback on Friday on the back of sustained inflow of foreign funds and firm domestic equity markets. Lower level of American currency index also favoured the Indian unit though an uptrend in crude oil prices capped its gain, forex traders said. Foreign institutional investors (FIIs) purchased equities worth Rs 1,397.02 crore on a net basis on Friday, according to exchange data. This inflow came on the heels of a net buying of equi ...Read More >
Mumbai, Jun 27 (PTI) The rupee rose 23 paise to 85.49 against the US dollar in early trade on Friday, aided by strong FII inflows and positive sentiments in the domestic equity markets. However, a rise in global crude oil prices and a slightly stronger greenback capped further gains in the local unit, forex traders said. Foreign institutional investors (FIIs) purchased equities worth Rs 12,594.38 crore on a net basis on Thursday, according to exchange data. At the interbank foreign exchange, ...Read More >
Mumbai, Jun 26 (PTI) The rupee rose 36 paise to close at 85.72 against the US dollar on Thursday on the back of a sharp drop in the greenback and a strong show in the domestic equity markets amid rise in risk appetite. The rupee extended its gains supported by a rise in risk appetite in global markets after the announcement of a ceasefire between Iran and Israel, forex traders said. Domestic markets rose by around one per cent each, while the US Dollar fell towards the 97 mark. At the interba ...Read More >
Mumbai, Jun 6 (PTI) The rupee pared initial losses and appreciated 11 paise to close at 85.68 (provisional) against the US dollar on Friday, after the Reserve Bank cut repo rate by a higher-than-expected 50 basis points to prop up growth. Forex traders said the rupee traded on a flat-to-positive note as the RBI surprised the market with a jumbo rate cut. Besides, the rate cut supported by a phased 100 basis points CRR reduction will lower the borrowing costs and boost growth. Moreover, a surge ...Read More >
Mumbai, Jun 5 (PTI) The rupee snapped its two-day losing streak and closed 8 paise higher at 85.79 against the US dollar on Thursday, supported by positive domestic equities and a rise in Asian currencies. Forex traders said overnight softening of crude oil prices favoured the rupee. However, a strong US dollar index capped sharp gains. Besides, market participants are now keenly awaiting the outcome of the Reserve Bank of India's (RBI's) monetary policy meeting for further cues, they said. A ...Read More >
Mumbai, Feb 10: The rupee on Monday plunged 45 paise and moved closer to the 88 per US dollar-level, weighed down by the strength of the American currency tariff concerns, but eventually settled at 87.45, up 5 paise, following RBI intervention. The American currency gained in the overseas market after US President Donald Trump's plans to impose 25 per cent tariffs on steel and aluminum imports, along with reciprocal tariffs targeting countries taxing US exports. The move has added jitters over ...Read More >
New Delhi, Feb 3 (PTI) Gold prices jumped Rs 400 to hit a fresh record high of Rs 85,300 per 10 grams in the national capital on Monday on the back of continued demand by jewellers and stockists, according to the All India Sarafa Association. Traders said sharp depreciation in rupee and firm trends in the international markets lifted gold rates to record high levels. The precious metal of 99.9 per cent purity had settled at Rs 84,900 per 10 grams on Saturday. Gold of 99.5 per cent purity rose ...Read More >
Mumbai, Jan 22 (PTI) The rupee appreciated 23 paise to close at 86.35 against the US dollar on Wednesday, supported by positive domestic equities and soft American currency index. Forex traders said the rupee is likely to witness high volatility with a negative bias ahead of key events in the global and domestic economic landscape. Moreover, the overall uncertainty about the global economy continued to weigh on both currencies and commodities, keeping investors on edge. At the interbank forei ...Read More >
NEW DELHI, Jan. 13 (Xinhua) -- Indian currency Rupee's value fell steeply on Monday taking it to over 86.60 against the U.S. dollar, described as the lowest ever. An online report by "The Indian Express" quoted market analysts as saying that the country's central bank the Reserve Bank of India (RBI) had allowed the fall in Rupee's exchange rate versus the dollar amid dwindling forex reserves and declining emerging market currencies. "The Rupee logged its steepest single-day fall in nearly two ...Read More >
Mumbai: The rupee declined 14 paise and touched the crucial 86.00-mark (provisional) for the first time against the US dollar Friday as it failed to resist pressure from a stronger American currency and huge outflow of foreign funds. Surging crude oil prices overseas and negative sentiment in domestic equity markets also weighed down the Indian currency, forex traders said. Also, dollar strengthened on increased demand amid the anticipation of restrictive trade measures by the new US administr ...Read More >
Mumbai, Dec 17 (PTI) The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets. Forex traders said the rupee is likely to remain under pressure due to concerns over slowdown in the economy and dollar demand from importers and foreign banks. At the interbank foreign exchange, the rupee opened at 84.89 and touched an all-time low of 84.93 ag ...Read More >
Mumbai, Dec 11 (PTI) The rupee fell 2 paise to all-time low of 84.87 against the US dollar in early trade on Wednesday, amid rising expectations of a shift in the Reserve Bank's monetary policy stance post the appointment of Sanjay Malhotra as the new RBI governor. Forex traders said markets now expect a rate cut in the upcoming monetary policy in February. While a muted tone in the domestic market and the overall strength of the US dollar index further pressurised the rupee. Also Read | Shill ...Read More >
Mumbai, Dec 11 (PTI) The rupee fell 2 paise to all-time low of 84.87 against the US dollar in early trade on Wednesday, amid rising expectations of a shift in the Reserve Bank's monetary policy stance post the appointment of Sanjay Malhotra as the new RBI governor. Forex traders said markets now expect a rate cut in the upcoming monetary policy in February. While a muted tone in the domestic market and the overall strength of the US dollar index further pressurised the rupee. At the interbank ...Read More >
With demand surging in Bengaluru and in the agriculture sector, the Bangalore Electricity Supply Company (Bescom) has proposed a tariff hike of 67 paise per unit for FY 2025-26 in its first Multi-Year Tariff (MYT) application filed before the Karnataka Electricity Regulatory Commission (KERC). The power utility has also proposed a steep tariff hike of 75 paise per unit for 2026-27 and 91 paise hike for 2027-28. According to sources in Bescom, the tariff hike has been proposed based on the proje ...Read More >
Bengaluru (Karnataka) [India], December 6 (ANI): The Electricity Distribution Companies (Escoms) on Friday submitted a proposal to the Karnataka Electricity Regulatory Commission (KERC) to increase the electricity rates estimated for the next three years. KERC has initiated the rate revision process after issuing the notification for the Multi-Year Tariff (MYT) system. According to the MYT system, the Eskoms have demanded an increase of 67 to 70 paise per unit of electricity for the year 2025-2 ...Read More >
Mumbai: The rupee slumped to its all-time low of 84.76 (provisional) against the US dollar after dropping 8 paise on Wednesday amid a strengthening greenback and increase in crude prices. Forex traders said a positive trend in domestic equity markets and foreign fund inflows supported the local unit at lower level. At the interbank currency exchange, the rupee opened at 84.66 and traded in the range of 84.65-84.76. Eventually it settled at 84.76 (provisional), 8 paise lower than Tuesday's clos ...Read More >
One of the main reasons for the depreciation of INR has been the broad-based strength of the USD The rupee fell 4 paise to an all-time low of 84.76 against the US dollar in early trade on Tuesday, as the strength of the American currency in the overseas market and unabated foreign portfolio outflows dented investor sentiments. Forex traders said the depreciation in the rupee was largely because of Donald Trump's rhetoric on BRICS currency, political instability in the Eurozone, weaker domestic ...Read More >
At the interbank foreign exchange, the rupee opened at 84.49 against the greenback, registering a fall of 2 paise over its previous close The rupee fell 2 paise to trade at 84.49 against the U.S. dollar in early trade on Friday (November 29, 2024) dragged down by significant foreign fund outflows and month-end dollar demand from importers. Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks. At the interbank foreign exchange, the rupe ...Read More >
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