The rupee closed at Rs 66.21 in its last trading session.
To cut interest rates, the central bank head has to open up a debate on inflation target revision.
Joseph Stiglitz accuses the US of negotiating over issues already settled at the World Trade Organization.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.
Experts hail Budget 2015 as a progressive, growth oriented one.
Inflation dipped to a five-month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items.
'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
Sensex is under pressure due to concerns in the global market.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
Barred from international competition, Russia is training its athletes at a series of special domestic tournaments and banking on hopes a doping ban will be lifted in time for this year's Rio Olympics.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
Experts caution against tough times in Indian equity markets in 2015.
The 23-times Grand Slam champion looked a completely different player from the person who smashed her way into the semi-finals of the doubles with Caroline Wozniacki on Wednesday but managed to do just enough to beat the 86th-ranked McHale.
Still, it is not expected to gain much strength and will likely trade around Rs 63.00 to the US dollar by the end of April.
The rupee tumbled past 63.00 to the dollar, down about 2 per cent on the day and breaching the previous low of 62.03 hit on Friday despite a spate of measures in recent weeks by the central bank and government to defend it.
The rise in US interest rates and associated change in the direction of capital flows, the fall in oil prices and the slowdown in China will dominate the markets, say Abheek Barua and Bidisha Ganguly
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Weaker-than-expected growth in US jobs in recent months had already forced US central bankers to put off a rate hike at their meeting last week
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
The Forbes 5th annual '30 Under 30' list features 600 women and men.
They believe that long-term story is intact.
The Nifty had hit its third successive record high of 7,922.70 today.
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
As regular promotional discounts and offers rolled out by well-funded apps determine the demand trend, online hospitality aggregators face growing discontent from restaurants and hotels over commissions and pricing power.
Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.
Bullish dollar sentiment overseas alongside sluggish domestic equity market predominantly impacted the domestic currency
Most immediately, he pledged to move slowly if needed in winding down an oil window that provides dollars directly to state-run oil companies
A gradual increase works best for the US, as well as global markets, says Nizam Idris managing director, head of strategy (fixed income and currencies), Macquarie Bank.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
From modest milk chocolate for kids 45 years ago to sophisticated dark chocolate for adults, Amul is a part of India's history.
YSR Congress chief Jagan Mohan Reddy is in New Delhi to protest the bifurcation of Andhra Pradesh. He tells Rediff.com's Vicky Nanjappa that he is in New Delhi to show the strength of the Telugu people to Sonia Gandhi.
Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.
Investors still seem to have a disinflation bias to their thinking.
Asian stocks sagged on Monday, with risk sentiment dampened as Shanghai shares wobbled after the Chinese markets resumed trading following a four-day long weekend.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.