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Crucial hour: Top Business news of 5th April 2022

In a first, the rupee breaches the Rs185-mark over looming political uncertainty, stalled IMF program: Top Business news

The Pakistani rupee plummeted to an all-time low against the dollar on Tuesday, closing at Rs185.23 in the interbank market during intraday trading, down Rs1.14 from Friday’s 184.09.

Rupee: What is the value of Indian and Pakistani currencies against the US Dollar? | In a first: Rupee crosses 180 mark against US dollar | pipanews.com

The local currency surpassed Rs185-mark for the first time in the history of Pakistan. The rupee has declined by nearly Rs7 against the greenback in the last month.

A day earlier, in a brief statement, the Fund assured that it would continue to provide support to the “newly formed government” and will involve in policy talks with them to enquire about their intentions about the loan.

Tata Power Solar commissions 160MW AC solar project at Jetsar, Rajasthan: Business news

Tata Power Solar Systems (Tata Power Solar), a wholly-owned subsidiary of Tata Power, commissioned a 160MW AC solar project at Jetstar, Rajasthan. Approximately 6,75,000 numbers of monocrystalline PV modules were used in this installation and it will produce 387MUs of energy per year.

Tata Power Solar commissions 160 MW solar project in Rajasthan

The Jetstar project was completed within a period of 15 months and is a testament to Tata Power Solar’s exceptional project execution capabilities.

India to make life hell for crypto investors: MP

India should consider taxing gains made on cryptocurrencies and digital assets by as much as 50%, Sushil Kumar Modi, a member of India’s upper house of parliament and a member of the ruling Bharatiya Janata Party (BJP), told Forkast in an exclusive interview.  

Cryptocurrency: Risky Investment or Trusted Asset? | Financial IT

The views of the former deputy Chief Minister of Bihar are important as India shapes its policies to regulate the asset and the relatively nascent industry in the country.

Gold price in India decreases by Rs 160 for 24 carat and 22 carats today:News

As on April 5, Gold price in India for 24 carat gold (10 grams) is Rs 51,480 while 22 carat gold (10 grams) cost Rs 47,160.

Gold Price Today: Decline of Rs 1,400; Rate Decreases in All Major Cities

The Gold rate has decreased by Rs 160 for 24 carat and 22 carat in last 24 hours. Yesterday the price of Gold is Rs 51,640 for 24 carat gold (10 grams). On the other hand, 22 carat gold (10 grams) cost Rs 47,300 for 22 carat gold (10 grams).

Minor fluctuation in gold prices was observed in different metro cities of India in last 24 hours. Gold price today in Chennai for 24 carat (10 grams) is Rs 53,050 while the 22 carat (10 grams) is 48,629.

As on April 5, Gold price in India for 24 carat gold (10 grams) is Rs 51,480 while 22 carat gold (10 grams) cost Rs 47,160.

The Gold rate has decreased by Rs 160 for 24 carat and 22 carat in last 24 hours. Yesterday the price of Gold is Rs 51,640 for 24 carat gold (10 grams). On the other hand, 22 carat gold (10 grams) cost Rs 47,300 for 22 carat gold (10 grams).

Minor fluctuation in gold prices was observed in different metro cities of India in last 24 hours. Gold price today in Chennai for 24 carats (10 grams) is Rs 53,050 while the 22 carat (10 grams) is 48,629.

IndiGo pilots suspended for planning to organise strike protesting pay cuts:Business news

Few IndiGo pilots have been suspended on the grounds of planning to organize a strike protesting  pay cuts implemented on them during the Covid-19 pandemic, people aware of the situation said.

India nonstops on the way, American Airlines codeshares with IndiGo for India connections -Top Business news of 5th March

Bill Gates’ “Jumping” Insta Reel On Microsoft’s 47th Birthday

Microsoft Corporation, which was founded by Bill Gates and his childhood friend Paul Allen on April 4, 1975, completed 47 years of its existence on Monday.

Remembering the good old days, Mr Gates shared his old video on Instagram in which he can be seen jumping over a chair apparently at the Microsoft office years ago.

“It took leaps and bounds to accomplish Microsoft’s vision of a computer on every desk and in every home. I’m proud that the company is working to empower every person and organization on the planet to achieve more,” he wrote.    

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