Economists warn of the impact that a Fed rate rise could have on emerging economies.
The American currency regained its buoyant strength after a brief sideways movement following overnight US Fed's optimistic tone about the future of the US economy
China has cast a long shadow on India's economy.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
Sluggish domestic equities and persistent capital outflows largely pressurised the Indian unit
China's economy grew 6.7 percent in the second quarter from a year earlier.
The rupee added another 8 paise to end at 61.23 against the dollar, the highest level in more than two weeks, as the US currency traded stable ahead of the outcome of Federal Reserve's meeting today and as domestic shares surged to a record.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
A rate cut will bring positive sentiment around the Budget.
The rupee resumed higher at 61.13 per dollar as against yesterday's closing level of 61.40 at the Interbank Foreign Exchange and strengthened further to 60.90 per dollar before ending at 61.05 per dollar, a gain of 35 paise or 0.57 per cent.
The rupee had gained 6 paise to close at 60.07 against the dollar in Thursday's trade on fresh selling of the American currency by banks and exporters in view of strong capital inflows.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
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A weak rupee makes imports costlier, including oil and other commodities.
Firm equity market failed to restrict the rupee's fall against the dollar
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The rupee bounced back from a one-month low to post its first gain in the New Year, rising 10 paise to close at 62.16 against the dollar after the RBI was said to have sold the US currency.
The rupee depreciated further by 7 paise to 65.12.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
The India government needs to work on policies that can enhance global trade.
HDFC and Infosys contribute the most to today's rally.
The US dollar's weakness against some currencies overseas capped the losses.
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
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The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
Extending losses for the second straight day, the rupee declined by 11 paise to close at more than 3-week low of 66.93 against the US dollar.
The improvement in the current account deficit is expected to provide a major reprieve to the government and the Reserve Bank of India which have been battling to prop up the rupee.
Ajit Balakrishnan offers a thinking man's guide to e-commerce controversies.
It is important to note that slowdown in activity is really confined to a selected few regions within China.
Online and mobile based personal finance applications have gained importance over the past few years.
The economists, who were surveyed, also felt it will take time for banks to make any further reduction in deposit rates
The rupee fell to more than one-month low of 65.75 against the US dollar on Thursday.
The Congress said arrogance of the BJP has touched its zenith as it turned 'blind' to farm distress.
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
Possible slowdown of FII money into debt and equity markets could add pressure on currency.
The high new GDP numbers are puzzling.
Volatile currency market sentiment across Asia following a fresh round of China's yuan depreciation further added to gloom.
The upcoming general elections will be the focus and the economy and market performance will pivot around that event. The general consensus is that the India stock market should be up around 10 per cent by the end of the year.
The global economy may just be entering a new phase.
Most Asian currency and equity markets too suffered steep losses due to US rate hike fears.
The rupee had last ended at 67.22 per dollar on March 16, 2016.
The rupee has lost 37 paise or 0.55 per cent in two days.
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