2 Hitesh Pabari has compiled a folder full of reasons why he should not have been given the fine

BENGALURU: Gold prices edged up on Thursday as the dollar eased, although hawkish comments by U.S. Federal Reserve policymakers dented the metal's appeal and kept it well below the key$ 1, 800 mark. Spot gold rose 0.3% to$ 1, 792.93 per ounce by 0703 GMT, after slipping to its lowest since Nov.... 4 on Wednesday.... Ajay Kedia, director at Kedia Commodities in Mumbai, expects a further pullback in the dollar to support gold and said the metal has good technical support at$ 1, 780. Spot silver

The rupee depreciated 33 paise on Wednesday and settled at a nearly one-month low of Rs.... This led to risk aversion sentiment among investors, said dealers, adding that the dollar demand by oil companies was also a reason for the currency to weaken.... After the initial intervention by the Reserve Bank of India( RBI) around 81.67 levels, oil companies, corporates, and importers started to hoard the dollar, looking at the RBI’s intolerance to sharp appreciation in the local unit, ” said Amit

The rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Wednesday, as persistent foreign fund outflows and a muted trend in domestic equities weighed on the local unit. Forex traders said the USDINR pair has shown significant volatility in recent sessions, with the rupee inching closer to its all-time low of 84.40.... This downward pressure is largely driven by global factors, particularly the Dollar Index's strengthening.At the interbank foreign exchange,

India's foreign exchange reserve fell by$ 7.3 billion to a near two-month low of$ 595 billion in the week ended August 18, registering the most substantial weekly decline in over six months, according to the latest data from the Reserve Bank of India( RBI).... The decline in the reserves was primarily due to a decrease in foreign currency assets, which fell by$ 6.6 billion to$ 528 billion in the previous week.... " The RBI could have sold around$ 2.5 billion to$ 3 billion in the previous week,

By Rajesh Kumar Singh India is overhauling the way it forecasts electricity demand to ensure generation capacity matches what’s needed and the grid remains stable with increasing volumes of clean energy.... The government’s Central Electricity Authority, or CEA, is seeking cooperation with weather agencies to access better environmental data and plans more frequent forecasts to account for unexpected events, said Ghanshyam Prasad, the chairperson of the planning body.... Changing power usage p

The rupee settled near a 10-month low at Rs 82.95 per dollar on Monday following strengthening of the dollar index and hardening of US bond yields, said dealers.... The losses were capped as state-run banks sold dollars on behalf of the central bank.... The Indian currency touched the day’s low of Rs 83.08, which was the lowest intraday level since October 20, 2022....

The rupee on Tuesday depreciated to its lowest point against the dollar in more than a month owing to a rise in crude oil prices and caution ahead of the US Federal Reserve’s meeting outcome, scheduled to be released on Wednesday after market hours, said market participants.... “ Because of the upcoming Fed meeting, there are jitters in the market.... The Fed might sound hawkish and that is the reason we are seeing short covering, which might continue tomorrow as well, ” said Anindya Banerjee

The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy intervention in the foreign exchange market and kept speculators betting against the currency at bay. The rupee ended at 86. 8225 per US dollar, up 0. 1per cent compared to 86. 8975 in the previous session.... ALSO READ: Decoded: Why RBI stopped New India Co-operative Bank's operations On Monday, the rupee slipped to an all-time low of 87.95 against the dollar, but the fall was

o brought drier, warmer weather in some parts of Asia and is expected to harm rice production.... India's export ban does not apply to Basmati rice, a long-grain variety that is more aromatic.... " So I’ve learned to substitute, and I’m fine with the other brands that we get.”....