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Rupee turns flat at 83.33 against US dollar amid high crude oil prices | Finance News

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Business Standard

[ad_1] India’s currency is likely to appreciate to 81 per dollar by end-December from around 82.9 on Tuesday. Photographer: Dhiraj Singh/Bloomberg The rupee turned flat at 83.33 against the US dollar in early trade on Thursday amid a strong American currency and higher crude oil prices. Forex traders said the positive equity markets … Read more

Wine, spirits importers urge states for inflation-linked pricing policy | News

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Business Standard

[ad_1] International Spirits & Wines Association of India (ISWAI) CEO Nita Kapoor Premium spirits and wine importers’ body ISWAI has urged state governments to implement an inflation-based pricing model, highlighting that industry margins have shrunk due to a rise in raw material costs. As the cost of raw materials used to produce alcohol … Read more