The Indian rupee is trading at day's high level at 70.60 per dollar, with buying seen in the domestic equity market.It opened higher 15 paise by at 70.69 per dollar against Wednesday's close 70.84.The Sensex was up 159.10 points or 0.39% at 40571.67, and the Nifty was up 51.30 points or 0.43% at 11961.50.Close The rupee added 7 paise to end at a fresh one-month high of 70.85 against the US dollar on December 11 on the back of firm domestic equities and easing crude oil prices. related news Rupee extends winning run for 6th day against US dollar, gains 7 paise Rupee erases gains but trades higher at 70.85 per dollar Oil prices steadied on Thursday with the market mood switching to relief as OPEC forecast a supply deficit next year, from doom and gloom over data showing a surprise increase in US crude inventories.The dollar nursed its steepest losses in weeks on Thursday, after the US Federal Reserve’s benign inflation outlook hosed down expectations for a rate hike … [Read more...] about Rupee at day’s high at 70.60 per dollar
New multi million dollar pub opens doors
The rupee pared most of its early gains and settled marginally up at 70.83 against the US currency on Thursday amid uncertainty over the delay in the deadline for imposition of higher US tariffs on Chinese goods.A spike in crude oil prices and fears of further rise in retail inflation also capped the rupee gains.At the interbank foreign exchange market, the rupee had opened higher at 70.67 against the US dollar and later touched a high of 70.56 largely on the back of losses in the US dollar following the Federal Reserve's decision to keep interest rates unchanged.Close However, growing concerns over the nearing deadline of December 15 for setting in of higher US tariffs on Chinese goods eroded the rupee gains. related news Edelweiss AMC announces public issue of Bharat Bond ETF; to raise up to Rs 15,000 cr Govt may impose anti-dumping duty on a chemical from five countries L&T arm bags order from RVNL in Uttarakhand The rupee finally settled for the day at 70.83, higher … [Read more...] about Rupee pares early gains to settle marginally up at 70.83 vs US dollar
Popular messaging app WhatsApp will soon end support for millions of devices starting next year. The company has announced its withdrawal of support for some smartphones running on Windows, Android, and iOS mobile operating systems.Earlier this year, WhatsApp had already announced that the messaging app would stop providing support for all Windows Phone following December 31, 2019. Some Android and iOS devices, too, would not get WhatsApp support starting February 1, 2020.WhatsApp recommends users who are using Android devices running on version 2.3.3 and older to upgrade to the latest version.Close WhatsApp for iPhone requires iOS 9 or later. The Facebook-owned app has announced that iPhones operating on iOS 8 or older will be able to use the service until February 1, 2020. These users can no longer create a new account or reverify their existing account related news Samsung dominates 5G smartphone market with a 74-percent share Redmi Note 7 Pro, Vivo S1, Apple iPhone 11 … [Read more...] about WhatsApp won’t support millions of Windows, iOS and Android smartphones starting next year
The tech company Basecamp has a mostly remote staff of less than 60 people. But even its headquarters aren’t in Silicon Valley; Basecamp is in Chicago. Which is why it was a bold move earlier this month when cofounder and CTO David Heinemeier Hansson announced in a blog post that the company is paying its workers according to San Francisco’s labor market. advertisement advertisement Since their employees are scattered all over the globe, it wasn’t clear what the cost of living benchmark should be. According to Heinemeier Hansson, “It started to increasingly seem like an arbitrary choice, and if we were going to make one such, why not go for the best and the top?” So as of January 1, Basecamp employees will receive a salary reflective of the top 10% of what software companies are paying in San Francisco (compared to base pay plus bonus, but not options). They also offer some amazing benefits. ( Put your resumes away, … [Read more...] about Could Paying Top Dollar For Staff Be Worse For The Labor Market?
If you asked 16 million women what they wanted out of their eye creams and face washes, then used all of this information to create your very own skincare collection, it might look something like Versed, a non-toxic line that is dropping at all 1400 Target stores and online on May 19. Every single product in the 19-item collection costs under $20. advertisement The new brand comes from Clique Brands, the company behind women’s lifestyle blog Who What Wear, which recently spun off a fashion label also sold at Target. Last year, Clique announced it would begin incubating new startups through a holding company called Offspring, and Versed is the first fruit of this effort. “With the Who What Wear fashion line, we wanted to bring high-trend items typically only accessible to women in big cities, and make them available to women across the country,” says Katherine Power, CEO of both Clique Brands and Versed. “I saw the same opportunity when it came to … [Read more...] about Target now carries a non-toxic skincare line built on the insights of 16 million women