In forward market, premium for dollar continued to fall due to persistent receivings from exporters.
Today, they can't meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business. Bulk of the trades are put through e-platform offerings of Reuters, Bloomberg, JPMorgan, Barclays or Deutsche Bank. And they have the web-based FXall, FXconnect, Atriax, Hotspotfx and LavaFX for company.
No ransom was paid for the release of Sgt Bowe Bergdahl, who was held under Taliban captivity for 5 years, the US has said, refuting all such reports in this regard.
Over 100 border dwellers have been evacuated and put in safe shelters
'A sense of purpose is lacking in India's diplomacy.' 'This is what happens when foreign policy becomes the stuff for grandstanding before the domestic audience,' says Ambassador M K Bhadrakumar.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The ISRO is aiming for a soft landing of the lander in the South Pole region of the moon where no country has gone so far.
Around 20-25 youths of upper caste Thakur community from Shabbirpur village were on their way to Simlana village under Badgaon police station to take part in a function to garland the statue of Rajput warrior-king Maharana Pratap.
There is little sense in trying to find stocks that will not be vulnerable in a situation where 87% of the market is trending down and India is getting set for a crucial election, says Devangshu Datta.
Medical tourism is likely to be the next major foreign exchange earner for India as an increasing number of patients, unwilling to accept long queues in Europe or high costs in the US, are travelling to the country to undergo surgery, according to a
The prime minister said that India has invited Germany to take advantage of opportunities in defence production in the defence corridors in Uttar Pradesh and Tamil Nadu.
'The Chinese mindset and approach to India is far different from that in Pakistan.' 'This reality makes it possible for us to follow an engagement policy with one, while militating against engagement with the other.'
An A+++ category terrorist, Dujana had taken over the reins of the Lashkar-e-Tayiba in the Kashmir Valley after the group's divisional commander Abu Qassim was killed in 2013.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
On Friday night, Taliban attackers detonated a car bomb outside the guesthouse and stormed the building, and then exchanged fire with security forces, officials said.
Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
Rediff reader Roshanlal Kewat from Baroda tells us how he found his partner Radha and gradually fell in love.
Tax Guru Anil Rego answers your personal income tax queries.
Pakistani troops continued to violate the ceasefire by shelling and firing upon 25 Border Out Posts and 19 villages along the International Border in Jammu sector throughout the night, prompting the Border Security Force to retaliate.
The road will help in transportation of goods and further development of SMEs in North East India
'The world needs India because it needs a voice that speaks of peace, non-violence and peaceful coexistence.' 'This vision and voice, this attitude and belief are what India has stood for over the last twenty millennia,' Vice President Venkaiah Naidu tells trainee diplomats.
President Pranab Mukherjee said that the two countries were creating history together
This is suspected to be a Naxal ambush for security forces. Maoists fired multiple rounds while attacking the vehicle-mounted team, the official said.
'What matters right now is what I am able to do in these times of distress for the people of J&K.'
Travel cards are like debits cards-loaded with the currency of your choice or which the lenders offer.
Historically, tensions in West Asian regions have provided support to gold prices.
With his third draw in five games, the reigning world rapid champion remained in joint lead on 3.5 points and now shares the lead with Anish Giri of Holland and Shakhriyar Mamedyarov of Azerbaijan.
On what turned out to be an easy day, Anand had to stretch himself only a little as Karjakin did not attempt any complicated warfare. The result was exchanging of pieces at regular intervals and the players signed peace in an opposite coloured Bishops endgame.
The rupee had dropped 15 paise or 0.22 per cent yesterday.
Norton report says Indians putting themselves at risk over Wi-Fi usage
Pakistan Army on Friday said it has arrested nearly 100 terrorists and foiled an imminent jailbreak attempt to free top Al Qaeda leader Ahmed Omar Saeed Sheikh, sentenced to death for the murder of Wall Street Journal correspondent Daniel Pearl in 2002.
The funds officially held by Indians with banks in Switzerland now accounts for only 0.07 per cent of the total funds kept by all foreign clients in the Swiss banking system.
IMAGES from matches on Day 10 at the French Open at Roland Garros
Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.
It has been in force since October 2011.
'Many said his visit was very risky. But mercifully, Air Force One has taken off from Delhi without Mr Trump stepping on anybody's toes,' notes Ambassador T P Sreenivasan.
'We saw people tripping over each other, running, screaming.' 'You could see people running with their daily briefcase despite suffering deep cuts and blood pouring from them.'
In eight cases, the banks would violate the minimum public shareholding norms if their promoter, the Government of India, infused capital as announced.