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BharatPes former MD Ashneer Grovers wife Madhuri Jain Grover was the head of controls at BharatPe and was fired in 2022 after a forensic audit revealed several irregularities.
India is the world's third-largest oil-consuming and importing nation. It imports more than 85 per cent of its oil needs and hence domestic pricing is linked to international rates. The basket of crude oil that India buys has averaged USD 83.42 per barrel in November, down from USD 90.08 of October and USD 93.54 of September. Petrol, Diesel Price Revision Only when Oil Price Stabilises Below USD 80 Per Barrel.
At the interbank foreign exchange, the rupee opened stronger at 83.30 against the dollar but slipped to 83.33. It later traded at 83.28 against the greenback, up 6 paise over its previous close.
At the interbank foreign exchange, the rupee opened at 83.37 against the dollar and then touched 83.38, registering a gain of 2 paise over its previous close.
The rupee is anticipated to maintain its strength, thanks to the ongoing support from domestic factors, which remain robust due to a promising demand outlook driven by major festivals, CR Forex Advisors MD Amit Pabari said.