Rupee near all-time low, tumbles 28 paise to 68.84

Mumbai, Nov 24 (PTI) : The rupee crashed to nearly 39-month low of 68.84, plummeting by another 28 paise against the US dollar in early trade today amid sustained foreign fund outflows and the greenback’s surge in overseas markets.

The domestic currency had hit its all-time intra…

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Key Indian equity market indices open flat

Mumbai, Nov 24  Taking a cue from global markets, the key Indian equity market indices opened flat on Thursday.

The Sensitive Index (Sensex) of the BSE, which had closed at 26,051.81 points on Wednesday, opened lower at 26,049.14 points.

Minutes into trading, it was quoting at…

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1 mn Redmi 3S, Redmi 3S Prime smartphones sold on Flipkart

Bengaluru, Nov 23:  E-commerce platform Flipkart on Wednesday announced that it has sold on its portalmore than one million units of Redmi 3S and Redmi 3S Prime — premium metal-body smartphones with a large 4100mAh battery.

“Redmi 3S clearly stands out with its design and cutting-edge features at…

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Debit card charges dropped, farmers to get easier cash access

New Delhi, Nov 23 (PTI) Amid the ongoing political outcry over demonetisation, the government on Wednesday announced more steps to help farmers to meet their cash needs during the ongoing rabi season and directed banks to waive debit card transaction charges to encourage digital payment.

To ensure quick and unhindered…

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Mobile wallet players laud RBI move to raise spend limits

New Delhi, Nov 23  Digital wallet companies on Wednesday welcomed the RBI’s decision to increase the limits on mobile wallets spend to Rs 20,000 for users and to Rs 50,000 for merchant bank transfers in view of the cash crunch following demonetisation of high-value currency.

“RBI…

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