Photonics is the study of light and has several applications including LED, VR, holograms, high-speed internet and solar panels among other things
uae2 hours ago
The Indian rupee appreciated by 13 paise to 73.92 against the US dollar (20.14 against the Emirati dirham) in opening trade on Tuesday, supported by the weakening of the American currency.
At the Indian interbank foreign exchange, the rupee opened at 73.94 against the dollar, then inched higher to quote 73.92, registering a rise of 13 paise from the last close.
In the previous session, the rupee had settled at 74.05 against the greenback.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.13 per cent lower at 95.87.
“Rupee has risen above 74.00 with opening around 73.95 and flows continue to take rupee higher as importers are absent from the market as is RBI (Reserve Bank of India). The US Fed may be in for a rate hike but that has overall not affected USDINR," said Anil Kumar Bhansali, head of treasury, Finrex Treasury Advisors.
On the Indian equity market front, the 30-share Sensex was trading 37.9 points or 0.06 per cent lower at 60,357.73, while the broader NSE Nifty declined 14.65 points or 0.08 per cent to 17,988.65.
Global oil benchmark Brent crude futures rose 0.40 per cent to $81.19 per barrel.
(with inputs from PTI)
Photonics is the study of light and has several applications including LED, VR, holograms, high-speed internet and solar panels among other things
uae2 hours ago
A delegation from Egypt arrived in Israel on Friday hoping to revive the truce negotiations
mena2 hours ago
The decision aims to protect the safety and security of pilgrims
gulf3 hours ago
They have been carrying out rescue operations for the last four years, drawing on their extensive experience in saving people from desert terrain
uae4 hours ago
Dubai Amateur 17-year-old Oscar Craig continues to showcase his impressive form with third-round level par 72 at Saadiyat Beach Golf Club
sports4 hours ago
The tragic incident led to the death of a number of innocent people from Yemen
mena4 hours ago
Alongside regional leaders, US Secretary of State Antony Blinken will attend the meetings
world5 hours ago
Twice Grand Slam champion Alcaraz is set to make his Olympic debut while Nadal will be eyeing his third gold medal after wins in Beijing and Rio
sports5 hours ago