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Driven up by rising commodity and oil prices, the Canadian dollar has crossed parity with the US dollar for the first time in two years.

Once again a volatile rupee threatens to take a toll on exporters. On Monday, India's currency touched a near 19-month high against the dollar at Rs 45.04 per dollar, recording a 13.4 percent rise over Rs 52.06 to a dollar in March 2009.

A sharp rise in rupee value against dollar has added to the woes of exporters, who want the government to step in and peg the fixed exchange rate, taking a cue from China.

The rise and rise of cryptocurrencies like Bitcoin, Ripple, Ethereum Tokens etc have left many with billions of dollars in their bank accounts.

The logistics sector has witnessed unprecedented growth and developments in the last couple of decades. Thanks to the tremendous rise in the e-commerce sector. The online companies are heavily dependent on the logistics companies to get a variety of their products delivered to the respective customers on time. Online companies have become million-dollar organizations in several years and this has given rise to many start-ups in the logistics sector. Some of those start-ups particularly cater to online companies and offer services like same-day delivery, cash on delivery, return shipping, etc. This level of growth has made logistics firms hire at a much rapid rate than ever before.

Wool prices slipped 3% on a dollar basis between mid-October and the third week of November, due to spotty demand and the rising value of the Australian dollar.

In 2003 Rana Kapoor grabbed the opportunity to display his financial foresight and founded Yes Bank. His magnetism captured the public eye for a long time. Known for his meteoric rise and entrepreneurial success, let us get to know the man behind this enterprise who singlehandedly turned this brand new bank into the 4th largest private sector bank in India in a matter of a little over a decade. Birth of A Passion Born to a middle class family in Delhi, Kapoor had big dreams as a child. He often shared his dreams of starting his own company with his grandfather, who had immense trust in the young grandson's dreams. After graduating from Shri Ram College of Commerce in New Delhi in 1977, he went off to USA to fulfill his dreams. He enrolled for MBA at Rutgers University in New Jersey. It was this stint that got him deeply inspired to pursue a banking career. He wanted to create something big, in this model, back in India. But before that he needed some more experience. Thus, upon the completion of MBA, he began his banking career as a management trainee in the Bank of America (BoA). With a deep passion for banking, Rana Kapoor's career flourished in 1980 at Bank of America (BoA), as he rose the ranks. His stance of taking intuitive risks, which brought him success every time, was highly commended by his employers. In 1990, he was awarded the coveted Eagle Pin by the chairman of the bank. With such a promising career trajectory, soon he became the head of their wholesale banking business as well as several high stakes assignments in various countries of Asia. However, all that success was not enough for him, as he had bigger dreams, of starting his own venture. After nearly a two-decade-long flourishing corporate career, Kapoor was resolved to embark on his own venture. He wanted to create something that he could call his own. He kept yearning for creative independence and even came up with an interesting business plan to create a non-banking finance company with f

Another jolt to the users of vehicles is slapped by the government since state-run fuel retailers have decided to hike the price of petrol and diesel by 75 and 50 paise per litre respectively from Saturday. The influence of global rise in oil price as well as downfall in the value of rupees against the US dollar has left no way except to pull up the price of foretold fuels.

The working of Indian businesses has been severely dented by a 40 percent hike in prices of cotton yarn, tumbling values of dollar and euro against the Indian rupee and a sharp increase in minimum wages for workers in the national capital, said Apparel Export Promotion Council (AEPC) in a release on Tuesday.

Indian indices start a positive note on Monday on the back of strong global signals. The Indian currency also opened stronger by 14ps at 70.88 per USD dollar vs. Friday's close 71.02.

Officials in the US have now approved Huawei's license applications to purchase chips worth millions of dollars. Previously, Huawei was blacklisted in the US, citing security concerns, but now, the license was approved due to the rise in demand in the auto components business.

Canada's Dollarama Inc posted a big jump in quarterly profit on Wednesday, powered by higher sales and profit margins, even as the number of transactions at its established dollar stores ebbed.

The latest manufacturing data fell short of expectations and negatively impacted shares of industrial metals miners. Ongoing worry over the Greek banking crisis also struck the sector.

As the sharp fall in global commodity prices triggered a rise in wheat imports, the government increased basic customs duty on the item from 10% to 25%. The Dollar Business Bureau In an effort to curb import of wheat in the country, the government has increase the basic customs duty on the food grain to 25%.