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The basis of Ind-Ra's expectation of INR appreciation is based on economic developments in the last one to two months of this fiscal and the likely developments in the remaining months.
The dollar gained against other currencies overseas.
AB de Villiers is leading the Paisa Vasool Index at IPL-11 ahead of Indians KL Rahul and Ambati Rayudu.
Car makers are either tweaking their existing engines or developing new powertrains to attain maximum mileage numbers and attract more buyers.
Amid sustained weakness across categories, the Indian stock market remained below the trillion-dollar mark for the third consecutive day today, as the total valuation of all listed companies slipped further to $944 billion.
The rupee had last ended at 67.22 per dollar on March 16, 2016.
Rupee movement, global cues key for stocks this week: Experts
Overseas funds have also become strong buyers of debt, with net purchases of $5.6 billion so far this year.
After another day of volatile trade, the rupee today appreciated by seven paise to close at a new one-month high of 59.04 against the dollar as the RBI's liquidity-tightening measures continued to lend support.
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Snapping a two-day fall, the rupee opened strong at 59.49 a dollar from the previous close of 59.76 at the Interbank Foreign Exchange Market and then touched a low of 59.59.
The rupee on Monday slipped by 5 paise to close at 63.57 per dollar on fresh demand for the American currency from banks.
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A weak rupee makes imports costlier, including oil and other commodities.
Reacting to market specific developments, the domestic unit touched a low of 66.74 in intra-day trade before concluding at 66.65.
The rupee on Wednesday snapped its two days of losses and edged up two paise to end at 59.27 against the dollar following late selling of the US currency by exporters.
RBI's status quo on rates disappoints economists.
Oil companies on Wednesday slashed petrol and diesel prices by Rs 2, with effect from midnight tonight.
The rupee strengthened by 13 paise to 61.67 against the US dollar at close.
The rupee appreciated further on Thursday, adding 106 paise to 66.01 against the dollar, after steps taken by new Reserve Bank of India Governor Raghuram Rajan to attract US currency inflows boosted market sentiment.
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Analysts worry that without more fundamental reforms, India will struggle to contain its record high current account deficit and hence support the rupee.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
Banks and exporters preferred to reduce their dollar position in view of its weakness.
Global events will continue to be in the limelight, besides domestic policy.
New Delhi's upscale Khan Market continues to be the most expensive place to hire a shop in the country, even though its ranking worldwide has dropped by three notches to 31st position.
Ending a four-day upmove, the rupee on Tuesday retreated four paise from its 11-month high levels to close at 58.63 against the dollar on fresh demand for the US currency from importers, amid some profit-booking in stocks.
The rupee gained for the second day, adding 32 paise to close at a fresh two-month high of 61.07 against the dollar amid a rise in local equities and sustained capital inflows.
TCS kicked-off the Q1FY17 earnings season for information technology companies on Thursday.
The Cricket Association of Bengal will stage the four-day final of the S K Acharya memorial tournament (Ranji Trophy pre-season tourney) with pink balls and under floodlights. The title round of the four-team tournament will be played at the Eden Gardens from October 1-4.
It may get a little confusing to take your pick when the menu has so many options, so we try to clear things out with a list of enthusiast bikes
Seeking to capitalise on its financial clout, the BCCI is set to demand a greater share of the profit from the revenues generated by the International Cricket Council (ICC).
Indian equity markets registered their highest single-day percentage gains since early October.
Srinivas Bhogle and Purnendu Maji identify Rediff.com's Most Valuable Players in IPL 10, after Wednesday's Eliminator game.
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Policymakers stepped in late Thursday to calm markets.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after game 47 of IPL 10.
Compact car space is going to exciting times in the coming year.
While TCS, Infosys and Cognizant have hinted at a weak quarter, analysts say the slowdown is cyclical and growth will return after the US elections
OIL, IOC, HPCL, BPCL slipped between 0.1-1.5% each while the oil producing companies such as ONGC (0.1%), RIL (1.5%), GAIL(2.6%) also edged lower.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Players ratings after the league phase in IPL 10.
David Warner's blazing century sent him on top of Rediff.com's MVP table, with KKR's wicketkeeper-batsman Robin Uthappa not that far behind.
After a day's respite, the rupee on Wednesday fell by 29 paise, its biggest single day fall in a week, to end at 56.73 today due to heavy dollar demand from importers amid renewed concerns over withdrawal of US monetary stimulus.
'No country has moved from bigotry to equality fast, and India, with its leisurely, elephant-like pace for the most non-controversial of things, will only take longer.'
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