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.
Banks and exporters preferred to reduce their dollar position in view of its weakness.
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.
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.
Global events will continue to be in the limelight, besides domestic policy.
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.
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.
TCS kicked-off the Q1FY17 earnings season for information technology companies on Thursday.
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.
Compact car space is going to exciting times in the coming year.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after game 47 of IPL 10.
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.'
India's banks rely on overnight borrowings to fund longer-term lending.
The policy statement by the RBI governor is also expected to be upbeat.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Srinivas Bhogle and Purnendu Maji reveal Rediff's Most Valuable Players in IPL 10.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index after Game 51 in IPL 10.
Delhi Daredevils all-rounder Chris Morris has 12 wickets, at a better-than-par economy rate of 6.6 (the par economy rate is 8 runs conceded per over), and scored 74 runs at a staggering strike rate of almost 240 (the par strike rate is 133 runs in 100 balls).
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
The Reserve Bank of India unexpectedly raised its policy interest rate on Tuesday by 25 basis points (bps) but said that if consumer price inflation eases as projected, it does not foresee further near-term tightening.
The exhaust note of the Kawasaki Ninja ZX-14R 2016 is quite muffled and it can pass by without being noticed by the way it sounds. This is the reason why I call it a Silent Killer. It can crush egos of anybody on the road, in a quiet and refined fashion. This is a bike for the matured, experienced and serious rider
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Here are 10 global and domestic factors.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player standings after the 30th game in IPL 10.
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