In the global markets, the euro was under pressure against the US dollar yesterday, dragged lower as European monetary policy officials indicated willingness towards supporting more stimulus measures to aid the regional economy.
Ashish Vohra, Senior Director and Chief Distribution Officer with Max Life Insurance answered readers' queries on retirement planning.
Resilience of Mumbaikars inspired Shiladitya Mukhopadhayaya.
The rupee had shed four paise at 63.81 against the US dollar in Friday's trade on sustained demand.
A resurgent US dollar is the key feature of the current scenario and its value continues to drive other markets, from euro, yen to the INR. Most currencies continue to seek lower valuations against the greenback. This trend is likely to continue until the dollar peaks out by yearend at around 89 as opposed to 84.5 right now, says Sonali Ranade
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'As the growth momentum reverses benefiting from re-monetisation, it will be accompanied by a rise in inflation.'
Australia have won all seven day-night Tests they have played and Mitchell Starc's prowess with the pink ball has been key.
Emerging market currencies including Indian rupee are likely to remain under pressure, though depreciation is expected to slow from here, Barclays said in a research report.
The bank adds it expects Modi to fight inflation through administrative measure
In recent sessions, shares have rallied on hopes Hindu nationalist opposition leader Narendra Modi, a more business-friendly candidate, is seen coming to power on promises of economic revival and jobs.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'India's sizeable foreign exchange reserves should serve as a buffer.'
In the global market, the US dollar index, which tracks the greenback against a basket of six major rivals, was up by 0.33 per cent.
Worli and Mahalaxmi in Mumbai Metropolitan Region are placed at second and third positions with average housing prices of Rs 41,500 and Rs 40,000 per sq ft, respectively.
Reliance Retail will acquire the retail, wholesale, logistics and warehousing businesses of the Future Group. Future Group's financial and insurance businesses are not part of the deal.
The rupee on Tuesday fell to a two-month low of 54.78 against the US dollar.
At the Interbank Foreign Exchange market, the domestic currency resumed stable at its overnight close of 60.07 a dollar and immediately touched a low of 60.09.
Baahubali 2 to release on April 14, 2017.
India's economic growth had slumped to decade low of 5 per cent in 2012-13.
The largest component in computing CAD is trade deficit. India's trade deficit widened to $13.35 billion in October as exports contracted 5.04 per cent and gold imports surged
Sanjay Kapoor elected AICF President, Chauhan retains secretary's post.
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
The cost of holding one-year forward dollars rose to 482.75 basis points from 472.75 bps on Tuesday.
According to a report by financial and business research firm Evalueserve, there will be pressure on the Rupee unless steps are taken to fix certain structural issues like high current account deficit and dwindling investments.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
Persistent foreign capital inflows also boosted sentiment.
The bourse has received approval from the capital market regulator Securities and Exchange Board of Indian and the RBI for introducing exchange traded currency options on dollar Indian rupee spot rate, NSE said.
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.
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
Fiat Punto is Fiat's new entry-level model in India.
Tech-savvy Indian youths in major cities are spending at least two hours a day to connect themselves with others through social networking websites like Facebook, Twitter and Orkut, a new survey has found.
The biggest gainers in the Sensex pack in Friday's session were Yes Bank, Bharti Airtel, Tata Motors, Vedanta, SBI and Axis Bank, spurting up to 3.05 per cent. The losers included HCL Tech, TCS, Infosys, Hero MotoCorp, IndusInd Bank and Sun Pharma, falling up to 1.55 per cent.
Dealers attributed the rupee's fall to increased demand for the US currency from importers.
If you are serious about your future, here are some MBA programmes and short courses you can consider, advises Arun Jagannathan is co-founder and CEO, CrackVerbal.
The upward revision in growth forecast for current fiscal comes in the backdrop of GDP expanding 8.2 per cent in April-June quarter, higher than Fitch's expectation of 7.7 per cent.
Growth remains weak, inflation is within 2-6% range, rate cut would help recoup forex reserves
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