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Indian rupee at 4-week low; set to breach 80-level against USD, say traders

By Anushka Trivedi (Reuters) – The Indian rupee hit a four-week low on Monday as the dollar continued its rally on the U.S. Federal Reserve’s hawkish stance, while the Chinese yuan’s weakness exacerbated losses in the local currency. The partially convertible rupee fell 0.1% to 79.875, having dropped to its lowest …

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2022 Housing sales to breach pre-Covid levels despite rate hikes: Industry

India’s residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 …

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Policybazaar data breach exposed pvt info: Report

NEW DELHI: Vulnerabilities in the system of online insurance broker Policybazaar led to exposure of personal details of lakhs of its customers, including defence personnel, a cyber security research firm claimed on Wednesday. CyberX9 said Aadhaar and PAN card details as well as addresses and phone numbers of customers were exposed due to the vulnerabilities …

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