The rupee resumed higher at 64.40 a dollar from Friday's close of 65.24 and touched a low of 64.54 at the interbank foreign exchange market.
'I am not optimistic about the global economy for the next couple of years.'
Visitors to Rashtrapati Bhavan will now be able to get a glimpse of the Nobel Peace Prize received by child rights activist Kailash Satyarthi, who dedicated the honour to the nation by presenting his medal to President Pranab Mukherjee on Wednesday.
The fall in reserves was due to a sharp fall in foreign currency assets.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
Here's your weekly digest of the most weird, true and funny news from the across the world.
In essence, follow the private-equity approach to personal investing and treat each investment decision as if it is a matter of life-or-death, because it is, suggests Avinash Luthria.
If the PM wishes to be re-elected in 2019, there are a few things he needs to learn from his predecessor
Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.
Delhi Chief Minister Sheila Dikshit has declared assets whose value has more than doubled during the past five years, reaching around Rs 2.7 crore.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
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.
India is still the best story in major emerging markets from a 5-year perspective.
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
Bank shares were the top losers along with index heavyweight RIL
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
'Her short black choli with a deep cut-out back and multi-coloured pom-poms became quite a sensation. It was clearly meant to draw your attention to Kareena's perfect figure.'
Finance Minister Arun Jaitley presented the Union Budget.
Narendra Modi is one of the least affluent ministers in the Union Cabinet.
Will the government now push to move away from what Mr Rajan has been doing in the last few years?
The RBI kept interest rates unchanged at 8 per cent as widely expected.
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Traders say the outlook for the rupee has improved on the back of a sharp narrowing in the current account deficit after government and central bank emergency measures such as curbing gold imports.
'According to the government's Economic Survey, the Indian state's generosity is not restricted to its poorest citizens. In fact, in many cases, the beneficiaries are disproportionately the well-off.'
Sources said the government was keen to tax all unaccounted money deposited in bank accounts after it allowed the banned currency to be deposited in bank accounts during a 50-day window from November 10 to December 30.
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The Reserve Bank of India late on Wednesday unveiled rules to restrict how much its citizens and companies can invest abroad and announced additional curbs on gold imports.
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.
The broader NSE index has fallen about 0.9% as investors wait for corporate results
Indices reversed all its losses during late trades.
India's Kailash Satyarthi and Pakistan's Malala Yousafzai, who won this year's Nobel Peace Prize for their fight against the oppression of children and their right to education, will receive the award at a ceremony in Oslo on Wednesday. Here are interesting facts about Nobel winners.
Many macroeconomic forecasters have built predictive models on inflation, all of which highlight intense downward pressure on prices.
Gearing up to ensure greater compliance by companies to listing agreement, NSE is planning to increase its headcount to bring in more efficacy in its oversight role as a front-line regulator of the securities market.
Sukanya Verma gives us a recap of the 91st Academy Awards.
A high CAD puts pressure on the rupee, which in turn makes imports expensive and fuels inflation.
According to Subbarao, the pressure on the currency was inevitable.
The US #DeepState has had a fine run, but will now discard Saudi Arabia as it is no longer useful to them, says Rajeev Srinivasan.
According to report by Dun and Bradstreet, central bank expected to maintain status quo on policy rate.
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
Despite recent setback, these remain the most appropriate tool for international diversification
