Analysts expect the Reserve bank to cut rates in next monetary policy.
Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion
Market regulator Sebi to support stert-ups raise funds.
Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.
India only has 3.5 million workers undergoing skills courses a year, compared with 90 million in China
The Reserve Bank of India kept interest rates unchanged at 8.0 percent on Tuesday as widely expected, staying focused on containing inflation while adopting a more dovish tone in response to the government's call for help to revive economic growth.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
The drive against insider trading comes after SEBI last year received enhanced investigation powers from parliament, including the ability to monitor call records.
The rupee had depreciated by 39 paise, logging its biggest daily loss in nearly two months, to end at 61.34 on Thursday on fears of capital outflows from emerging markets after Federal Reserve signalled a sooner-than-expected hike in US benchmark interest rates.
The rupee had gained 24 paise to close at nearly one-week high of 60.95 against the dollar yesterday following selling of the US currency by exporters and some banks, amid sustained heavy capital inflows.
Whether the rupee can regain that momentum will largely depend on foreign investors, who have been net buyers of more than $2 billion in shares over the previous 20 sessions and of $2.3 billion in bonds in March.
Overseas funds have also become strong buyers of debt, with net purchases of $5.6 billion so far this year.
Traders hope elections will see BJP winning a majority to usher in reforms and pull the economy out of the current slow growth.
Dealers attributed the fall in rupee to dollar's gains against euro overseas
The rupee had gained nine paise to close at nearly one- month high of 61.84 against the dollar in yesterday's trade after the government said in the interim Budget that fiscal deficit this financial year will be capped below target.
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In New York market, the dollar lost ground against most major rivals on last Friday amid mixed US data on industrial production and consumer sentiment.
The partially convertible rupee ended at 62.2825/2925 per dollar.
Industrial countries cannot at this point wash their hands off developing economises and say we will do what we need to, and you do the adjustment you need to, says RBI Governor.
India's consumer inflation should ease in the next two months, and will fall to 8 per cent by the end of the year, says RBI Governor Raghuram Rajan.
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