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  • No immediate plan to set up oxygen manufacturing unit in Bhopal: Railways Apr 28, 2021 12:34 PM IST

    No immediate plan to set up oxygen manufacturing unit in Bhopal: Railways

    A discussion between the Railways, the Petroleum and Explosives Safety Organisation and certain manufacturing plants was held over the supply and generation of industrial oxygen to West Central Railway’s Coach Rehabilitation Workshop in Bhopal. The talks were held to enquire about the technical and associated issues for future requirements, the Railways said.

  • Kerala model: How India’s only oxygen surplus state is managing the crisis Apr 23, 2021 10:58 AM IST

    Kerala model: How India’s only oxygen surplus state is managing the crisis

    Kerala has the distinction of being the only State with an oxygen surplus, so much so, that it has been sending supplies to Tamil Nadu, Goa and Karnataka as well. The State’s oxygen production is at 199 metric tonnes per day. Demand for Covid care in the State comes to 35 MTPD, while non-covid care requires around 45 MTPD.

  • Argentina financial market crisis only adds to global wall of worries Aug 16, 2019 02:03 PM IST

    Argentina financial market crisis only adds to global wall of worries

  • Argentina's peso in freefall despite central bank rate hike to 60 percent Aug 31, 2018 11:30 AM IST

    Argentina's peso in freefall despite central bank rate hike to 60 percent

    Onerous borrowing costs combined with government spending cuts and a drought that crippled Argentina's agricultural sector this year have slammed Latin America's third-largest economy.

  • Amid sinking rupee, Indian mutual funds keep FIIs from making heavy losses Aug 14, 2018 06:11 PM IST

    Amid sinking rupee, Indian mutual funds keep FIIs from making heavy losses

    The benchmark 50-stock Nifty index is up 8.5 percent for the calendar, despite the rupee depreciating 9.23 percent against the US dollar.

  • Sabse bada rupaiyya: Six countries you should visit to take advantage of strong rupee Mar 22, 2017 04:19 PM IST

    Sabse bada rupaiyya: Six countries you should visit to take advantage of strong rupee

    Rupee on Monday closed near 17-month high and its performance has blown a lot of currencies out of the water, including the king: the US dollar. With the Indian currency gaining strength, tourists will have to shell out less for travel and this looks like an ideal time to plan a foreign holiday.

  • Sabse bada rupaiyya: Six countries you should visit to take advantage of strong rupee Mar 22, 2017 01:32 PM IST

    Sabse bada rupaiyya: Six countries you should visit to take advantage of strong rupee

    Rupee on Monday closed near 17-month high and its performance has blown a lot of currencies out of the water, including the king: the US dollar. With the Indian currency gaining strength, tourists will have to shell out less for travel and this looks like an ideal time to plan a foreign holiday.

  • 5-kg LPG cylinders could be sold at Kirana stores soon Feb 08, 2017 02:07 PM IST

    5-kg LPG cylinders could be sold at Kirana stores soon

    Kirana stores could soon be selling free-trade 5-kg LPG cylinders (FTL) if the Ministry of Petroleum and Natural Gas gives its consent to a request by state-owned oil companies in a bid to cut down on the illegal sale of cylinders, reports the Financial Express.

  • Japan to monitor impact on its firms from US-Mexico relationship Jan 27, 2017 08:22 AM IST

    Japan to monitor impact on its firms from US-Mexico relationship

    The White House on Thursday floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern US border, sending the peso plummeting and deepening the crisis between the two neighbours.

  • Rupee opens lower at 68.23 per dollar Jan 11, 2017 09:00 AM IST

    Rupee opens lower at 68.23 per dollar

    The rupee will take cues from the equity market movement as well as the minor weakness of USD against the major currencies, says NS Venkatesh of Lakshmi Vilas Bank.

  • Mexico's central bank chief resigns amid Trump turmoil Dec 02, 2016 07:50 AM IST

    Mexico's central bank chief resigns amid Trump turmoil

    Carstens, who had compared Trump with a maximum Category Five hurricane because of his tough stance toward Mexico, will step down on July 1 next year, the Banco de Mexico said in a statement.

  • Mexico peso tumbles as Trump wins U.S. presidency in upset Nov 09, 2016 06:36 PM IST

    Mexico peso tumbles as Trump wins U.S. presidency in upset

    Mexico's peso recovered somewhat from a 13 percent selloff on Wednesday after Republican Donald Trump's surprise victory over Democratic rival Hillary Clinton for the U.S. presidency, as investors expected action by the central bank to support the currency.

  • Mexico peso down to life low as Trump homes in on US presidency Nov 09, 2016 09:51 AM IST

    Mexico peso down to life low as Trump homes in on US presidency

    Concerns of a Trump victory have weighed heavily on the peso for months on his threats to rip up a free trade agreement with Mexico and tax money sent home by migrants to pay for building a wall on the southern US border.

  • Trump vs Clinton is sending the Mexican peso on a wild ride Nov 09, 2016 07:00 AM IST

    Trump vs Clinton is sending the Mexican peso on a wild ride

    The peso has become arguably the most closely watched market proxy for US presidential election sentiment this year. In the last three months, the peso has swung back and forth between record lows against the US dollar and intermittent rebounds as Donald Trump has risen and fallen in election opinion polls.

  • Market may rise again on global cues; ICICI, BHEL, IT in focus Nov 08, 2016 08:00 AM IST

    Market may rise again on global cues; ICICI, BHEL, IT in focus

    Stocks that will be in focus today are ICICI Bank, IT stocks, BHEL, Ashok Leyland, Bharat Forge and InterGlobe Aviation.

  • Mexico's peso firms after US election debate Oct 20, 2016 09:14 AM IST

    Mexico's peso firms after US election debate

    During the fiery debate, the peso was little changed, but the Mexican currency appreciated after its conclusion to hit a session high of 18.455 pesos per dollar.

  • Argentine peso slump factored in; no hit on sales: Bajaj Dec 18, 2015 10:02 AM IST

    Argentine peso slump factored in; no hit on sales: Bajaj

    S Ravikumar, President -Business Development, Bajaj Auto says "Our distributor in Argentina had anticipated this situation and this depreciation was fully factored in".

  • Bajaj Auto dips 2% on export woes as Argentina's peso tanks Dec 18, 2015 09:53 AM IST

    Bajaj Auto dips 2% on export woes as Argentina's peso tanks

    Latin America contributes 20 percent of Bajaj Auto‘s exports with Argentina being one of the key growth markets. Exports overall account for 50 percent of its revenue and enjoy 20 percent EBITDA margin.

  • Bet on this EM in a strong dollar world Mar 13, 2015 12:38 PM IST

    Bet on this EM in a strong dollar world

    The Mexican peso slumped to all-time record lows at 15.6658 per dollar this week as stellar U.S. employment figures last week stoked expectations that the Federal Reserve would hike rates sooner rather than later, sparking a broad dollar rally.

  • Week's top quotes: Kejriwal's appraisal; RaGa's interview Feb 08, 2014 02:41 PM IST

    Week's top quotes: Kejriwal's appraisal; RaGa's interview

    We sift through some of the top interviews that were published on Moneycontrol.com through the week and bring you a collection of the best quotes from market-men, business people and policymakers.

  • Emerging markets buffeted by bipolar world Feb 05, 2014 12:45 PM IST

    Emerging markets buffeted by bipolar world

    For much of 2013, the investor narrative was that currencies and stock markets from Mumbai to Moscow and Istanbul to Johannesburg were running aground as Federal Reserve largesse ebbed away.

  • India to outperform on rupee, local demand: Macquarie Jan 27, 2014 10:13 AM IST

    India to outperform on rupee, local demand: Macquarie

    Richard Gibbs of Macquarie Securities expects the Reserve Bank to sit tight on rates given the December inflation outcome

  • Argentine peso suffers steepest daily fall since 2002 Jan 24, 2014 09:14 AM IST

    Argentine peso suffers steepest daily fall since 2002

    Having shed more than 30 percent of its reserves last year, the central bank this week abandoned its policy of supporting the peso by intervening in the foreign exchange market.

  • Rupee enjoys largest long positions in a year: Poll Jan 16, 2014 03:27 PM IST

    Rupee enjoys largest long positions in a year: Poll

    The Indian rupee, saw the largest bullish bets in one year as worries about inflation eased.

  • Rupee leads FX fall; SE Asia currencies at multi-year lows Aug 27, 2013 10:48 AM IST

    Rupee leads FX fall; SE Asia currencies at multi-year lows

    Due to India and Indonesia's widening current account deficits, their currencies were most vulnerable to an anticipated withdrawal in quantitative easing by the Federal Reserve.

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