Still, the currency will underperform its Asian peers as the Reserve Bank of India (RBI) could continue to accumulate inflows and build forex reserves "at every opportunity," economist Santanu Sengupta said.
The board of directors of the company, at its meeting held on Tuesday, has given in-principle approval for the fundraising proposal, Easy Trip Planners, which operates under the brand EaseMyTrip, the company said in a regulatory filing.
Oil prices rose more than 2% in the first session of the New Year, boosted by potential disruption to Middle East supply after the latest attack on a container ship in the Red Sea and by Chinese demand hopes.
Chinese stocks recorded their worst start to a year since 2019, as weak manufacturing and home sales data reinforced investor concerns about the economic outlook.
Asia-Pacific markets were mixed on the first trading day of the year, with China stocks dipping and Australian markets nearing its all-time closing high.
NASA's Parker Solar Probe is set to approach the Sun at a record distance of just over 6 million kilometers, making it the closest a spacecraft has ever come to the Sun.
Zomato CEO Deepinder Goyal shared a few glimpses of the Zomato 'War Room' on December 31, where the company’s product, tech and supply teams came together for one of its busiest days in the year.
The National Payments Corporation of India (NPCI) have instructed payment apps to deactivate inactive UPI IDs that have not been active for more than one year.
The company is registered in Singapore and was incorporated in May 2021, per filings. OppDoor was earlier called Three State Ventures Pte Ltd, which is Binny Bansal’s venture capital firm that operates from Singapore.