Custodian banks are selling dollars for their foreign fund clients.
Prime Minister Narendra Modi, in his second 'Mann ki Baat' radio address to the nation on Sunday, said as far as the issue of black money was concerned, he would work to ensure that every single penny was returned back to the country.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
That is bad news for officials taking part in discussions at the International Monetary Fund and World Bank meetings this week.
National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
Honest tax payers need not worry about the new black money law, says finance minister Arun Jaitley.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
RBI's surprise rate cut has revived sentiments of India Inc.
Sudha Menon, author of the recently released Devi, Diva Or She-Devil: The Smart Career Woman's Survival Guide, tells women how to get their due at work.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
A unique start-up in India is helping the differently abled find their match.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
'Kejriwal has taken a leaf out of Modi's campaign of 2014 and improved upon it.' 'That suit will haunt Modi till he exits politics.' 'Of all the factors that favoured Kejriwal, the biggest was the arrogance and over-confidence of the Modi-Shah led BJP.' 'What the Congress could not do in the last two decades in Gujarat, Kejriwal did it in no time in Delhi.' 'The BJP has behaved exactly like the Congress in decoding Kejriwal's politics.'
Over Dosas in Mumbai, Oscar winner Megan Mylan tells Vaihayasi Pande Daniel why she chose India and girls empowerment as the subject of her new documentary.
