The rupee has been under immense pressure due to a host of reasons including soaring crude oil prices, sustained foreign fund outflows and widening current account deficit.
The BSE 30-share index after a positive opening stretched to 31,772.41, but could not stay there for long buffeted by the selling pressure. It hit a low of 31,562.25 before settling lower by 79.68 points, or 0.25 per cent, at 31,592.03.
.jpg)
The rupee resumed slightly lower at 62.05 per dollar as against the last weekend's level of 62.04 at the Interbank Foreign Exchange market. It recovered to 61.88 per dollar before quoting 61.93 at 1045 hours.
'We need to retell this history from many different perspectives.'
The government on Tuesday extended the deadline for filing income tax and GST returns, raised the threshold of default that could trigger insolvency of a company, and waived charges on cash withdrawals from ATMs of other banks as a precursor to a broader stimulus package for the economy distressed by the coronavirus outbreak.
India-China relations have always attracted Parliament's attention and there have always been useful and productive and constructive discussions how to engage with China, notes Rup Narayan Das.
The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
The decline was led by index heavyweight Reliance Industries along with ITC and HDFC.
'From a retail investor's perspective, therefore, it is essential not to get swayed by the short-term correction in the equity market and macro noise, and stay the course with their long-term financial plans,' notes Ashwin Patni.
Earnings spread for foreign investors down to 10-year low of 1.1 per cent, from 2 per cent at the beginning of the year and record high of nearly 5 per cent in 2013
'Studying History, we come close to all of the messiness of human life -- we understand what motivates people, what makes them get along or go to war, what dreams they had for themselves and their futures.'
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
Experts say the BSE Sensex could rise to around 32,000 in a year.
Technical rallies and short covering may arise only if the markets break this 500 point band
Social media is the new advertising tool for today's politicians and political parties, says Viveat Susan Pinto
An ambitious long-term vision to ensure economic connectivity between India and the rest of Southern Asia is critical to India's trade policy objectives.
Index heavyweights were the top losers along with bank shares.
Stocks of companies having operations and exports to Europe were the top losers.
There is a link between objectives and commitments.
'The continuing crisis in agriculture, the inability of successive governments to provide secure jobs to millions of youths having varying degrees of skills, and fragmentation of politics have created a sense of despondency.'
'It is highly doubtful that the Trump administration will consider inserting itself into the volatile India-Pakistan dispute.'
The second part of BJP president Amit Shah's interview to Sheela Bhatt/Rediff.com.
There's still little indication of forward movement in Indo-US defence relations.
A study of the PM's speech reveals 13% of all words he used were pointed keywords to market his cause
During the 11 years ending FY15, Tata Sons cumulatively earned dividend income of around Rs 31,500 crore from TCS.
Colombo's enduring interests suggest the relationship between the Sri Lanka and China will only strengthen, says Nitin Pai.
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
'I cannot conceive of any reason than my unsparing criticism of government policies that the government picked me to send a message to many who dare to take it on.'
'Whether it's investments in Kashmir, building naval facilities, or selling top-of-the-range military equipment, Pakistan could well benefit more under Xi's watch.' 'Do Chinese concerns about the 'Islamisation' of Pakistan give it pause about how quickly to move forward with security and economic projects? At the moment the indication is quite the opposite: China is doubling down on its support to Pakistan, partly because of its fears about where the country is headed.'
'AAP's real value must be measured not by the number of Lok Sabha seats it wins in the election -- which may not exceed 10 or 15 -- and not even by the number of votes it takes from the BJP, but by its ability to deflate Modi's superhuman '56-inch chest' image and the charisma so assiduously manufactured around him by the corporate-controlled media.'
'When it comes to India-Pakistan relations, seminal moments of progress invariably bring out saboteurs of peace -- whether we're talking about fresh provocations along the LoC, or even a terror attack in India.'
Trade between India and Indonesia stands at $20 billion.
Here is the full transcript of Congress vice president and Lok Sabha poll campaign chief Rahul Gandhi's first formal TV interview with Times Now Editor-In-Chief Arnab Goswami.
