The rupee had gained 24 paise to close at nearly one-week high of 60.95 against the dollar yesterday following selling of the US currency by exporters and some banks, amid sustained heavy capital inflows.
The system has gone through three rounds of testing for its load-bearing capacity.
Somesh Jha describes the mood at Patiala House courtroom and outside on Thursday during the 2G spectrum case verdict.
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
Tracking local stocks, rupee on Tuesday regained 19 paise to end at 61.85 against dollar as reports of easing geopolitical tension between Russia and Ukraine helped emerging market currencies script a smart recovery.
Well, these engineering students race them too.
The rupee on Thursday appreciated 20 paise to end at 62.37, its highest in two weeks, on positive trends in local equities and fresh dollar selling by exporters.
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
Automobile manufacturers said Euro-VI grade vehicles will not hit the roads before 2020 but the advancement gives them confidence to make investments in manufacturing such vehicles.
You could be forgiven for thinking that Auto Expo was only about powerful cars and humongous bikes. There was so much else that was happening too, says Rajesh Karkera.
Bollywood actor Anupam Kher, who has not held back his words when it comes to taking on those who have been protesting on the rising intolerance in the country, has now slammed superstar Aamir Khan for his comments that he too felt that the sense of insecurity and fear had been growing in the past six or eight months.
Bollywood superstar Aamir Khan feels that the sense of insecurity and fear has been growing in the past six or eight months.
Capital inflows continued to aid the rupee's rise, although a strong dollar overseas capped the gains.
'It would be too sweeping to say that the elites and the middle-class don't care about liberty.' 'It is just that they are always calculating the trade-offs: What's in it for me, what could it cost me?' 'To that extent, we haven't changed in 40 years,' says Shekhar Gupta.
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Some analysts believe that markets are expected to remain unclear and would have to wait until tomorrow's US non-farm payrolls data.
Some of the players in the GST race are Payworld, Dell, Tally Solutions
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The rupee gained 8 paise to close at over two-week high of 61.23 against the US dollar in the previous session.
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.
India Inc says way forward is for Modi govt to work with other political parties to get bills passed.
Continuing its range-bound movement for the fourth session, the rupee today closed up by two paise at 59.25 ahead of industrial output and retail inflation data.
'The transactions were done in a circuitous route deliberately and most of the companies involved in it are Reliance ADA group firms.'
India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan.
"If slogans are raised on reputed campuses for fragmenting India, resolutions are made to destroy it, and if Parliament attack convict Afzal Guru is hailed as a martyr, it is shameful and disconcerting," an appeal which has the consent of 33 individuals, including intellectuals and artistes, says.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
Industry players have sought government support in the form of stimulus package and reduction in excise duty to overcome the slump.
A total of 211 companies issued 763 offers to the students in the first phase which is the highest number of placement among any IITs across the country in this year.
Balwa, who is accused along with 16 others in the case, claimed that he cannot be prosecuted for pushing back Tata in the race as the firm was never in the race to get the 2G spectrum licence
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
It will be a battle for survival for struggling Rising Pune Supergiants when they lock horns with formidable title-contenders Sunrisers Hyderabad in Tuesday's Indian Premier League match in Visakhapatnam.
A Delhi court on Saturday issued fresh summons to Reliance ADA Group Chairman Anil Ambani and his wife Tina Ambani to appear as prosecution witnesses before it next month in the 2G spectrum allocation case.
However, FII outflows of Rs 545 crore (Rs 5.45 billion) capped the gains in the rupee, which had slumped by 126 paise in past two days.
The local currency had lost 119 paise in the past five sessions on rising worries over current account gap and fears that withdrawal of US stimulus will hit inflows from overseas.
Forex dealers said weakness in local equities cast a shadow on the rupee. Dollar losing in overseas markets didn't impact the fall of the local currency, they added.
Create your own identity to reach the top, says journalist Ravish Kumar at the Jaipur Literature Festival. Shahnawaz Akhtar reports.
Young, raw energy from India's engineering colleges on display!
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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.
Essel Group, Reliance Jio, Fortis and 17 others on Thursday signed initial pacts to invest over Rs 39,000 crore (Rs 390 billion) in Uttar Pradesh, with Chief Minister Akhilesh Yadav promising the investors all possible support.
Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
The accused had also requested the court to take on record the written answers afresh.
