Indian equity, forex, money and commodity markets will remain closed today on account of Mahashivratri.
The dollar's strength against other currencies overseas limited the rupee's gain.
The $5.7 billion total includes $1.6 billion in fines separately imposed by the US Federal Reserve on the five banks.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
Rajesh Bhayani highlights all that you need to know about the online currency.
Due to the continued pressure of high costs, Toyota is considering a price increase of up to 3 per cent across models with effect from January.
Oil prices have already fallen over 70 per cent since the downturn began in mid-2014.
Softening of global commodity prices might not help much
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
Few top honchos of India Inc did very well in 2014.
The Bombay Stock Exchange's benchmark 30-stocks index -- the Sensex -- tumbled by over 500 points on Friday on fears that the Reserve Bank of India will increase interest rates to curb surging inflation.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
Most markets have seen significant erosion in investors' wealth this year
The NSE Nifty sank by 159 points at 3491 points.
The process has been suspended for the time being as Agriculture, Food & Consumer Affairs Minister Sharad Pawar, a political heavyweight, is opposed to any intrusion into his turf.
Global Food Price Index showed a sharp jump in June.
Index products like fixed-income, volatility and weather to broaden basket for hedging.
The Street is never short of hope and events to look forward to
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
Recent rise may be nearing peak, analysts say long-term trend remains bullish.
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