Rupee recovers post RBI rate cut, trades higher at 70.64 per dollar

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Rupee recovers post RBI rate cut, trades higher at 70.64 per dollar

The Indian rupee has recovered from the day’s low and trading higher by 17 paise at 70.64 per dollar versus Tuesday’s close 70.81. Reserve Bank of India (RBI) has reduced the repo rate by 35 basis points to 5.40 percent in its policy meeting on August 7.
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India central bank cuts rates by 35 basis points to speed up growth

The Reserve Bank of India on Wednesday cut interest rates for a fourth straight meeting in 2019, taking advantage of mild inflation to expand its effort to boost an economy growing at its slowest pace in nearly five years. The RBI maintained its …
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Wealth Management Accounting Software Market Know How Will Flourishing Market Continuously …

An erudite study of Wealth Management Accounting Software Market has been published by The Research Insights. The report features distinctive
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Construction recession deepens with sharpest decline in activity for six years

The recessionary conditions in construction have deepened, with the industry experiencing the sharpest decline in activity in six years. Key points: Construction activity has contracted for the past 11 consecutive months, but more sharply in recent months …
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CBA puts $US100m down payment in Afterpay rival Klarna

The Commonwealth Bank has made a $US100 million ($149 million) bet on the buy now, pay later market with an investment in Klarna, one of Afterpay’s biggest rivals in the US. The bank, which joins the rapper Snoop Dogg on Stockholm based Klarna’s …
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