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Business leaders met Manmohan Singh to discuss the problems facing the country.
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
The new season looks super dreary, warns Sukanya Verma.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
Increased demand from oil importers for the American currency and a weak opening in the domestic stock market also put pressure on the rupee.
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