Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
These images from across the globe tell us that it is a bizarre world out there!
Every year, hordes of foreign runners flock to Kenya's high-altitude training camps in the hope that some of the nation's long distance-running magic will rub off on them, embracing the motto, 'if you can't beat them, join them'.
Another 24 filmmakers including Kundan Shah of "Jaane Bhi Do Yaaro" fame and Saeed Mirza and writer Arundhati Roy today returned their National Awards over "growing intolerance", voicing fears that the country's robust democracy might be "coming apart" in the current atmosphere.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
'I doubt very much if I will ever move on from his music, as I have from so much else through the years,' says Aakar Patel.
On the final day of his two-day visit to India's financial capital, Congres vice president Rahul Gandhi tried to connect with Mumbaikars by raising the issue of high electricity bills en route his padyatra from National College, Bandra to Dharavi, Asia's largest slum colony.
Arsh Ali's work is about getting reliable evidence about the ancient Buddhist link between India and Egypt, discovers Veenu Sandhu.
'India needs to learn in Kashmir how to spread development.' 'Pakistan needs to learn in Balochistan how to spread development.' 'China needs to learn in Xinjiang and Tibet.' 'And if they can show tangible benefits, there will be less terrorism.' 'No one wakes up in the morning saying 'I want to kill myself', right?'
In a brutal attack, two Palestinians wielding axes, knives and guns, on Tuesday killed at least four Israeli worshippers in a Jewish synagogue and a seminary and injured another eight, prompting Prime Minister Benjamin Netanyahu to vow a "harsh response" to the murders.
Retail giants are looking at Indian start-ups in the big data and analytics space
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially, says Anup Roy.
'A lot of people in the West think that India has a very conservative culture, so we don't show much intimacy and sex in movies here. But I always say that, without sex, India won't have a population of over 1.2 billion people.'
Pakistan has the second-largest stockpile of anti-personnel landmines in the world, a report said.
RBI's intervention in the currency market is through public sector banks.
Australia and South Africa advanced to the semi-finals of the ICC U19 Cricket World Cup after winning their respective quarterfinal matches on Sunday.
Summary of sports events and persons who made news on Thursday
In 2010, the accused chopped off Joseph's hand accusing him of hurting religious sentiments of a community through a question paper he set for his students.
The acquisition of ZipDial however has proven that even a proven business model could be an attraction point.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
Despite the short notice to prepare for a major meet, the 20th Asian Athletics Championships, scheduled at Pune from July 3-7, will be among the best-organised, declared Athletics Federation of India president Adille Sumariwalla in Mumbai on Friday.
What you need to know about M S Sathyu's classic Garm Hawa.
While the US is definitely recovering, Europe, Japan and, now, China are all going through another wave of what some fear could be a multi-year slowdown.
The good news for us is that India's economy - and sentiment about it - is much better than it was a year ago, says Jamal Mecklai.
Barcelona must to wait to confirm a place in the Champions League last 16 after dropping points for the first time in Group D in an absorbing 0-0 draw at Olympiakos Piraeus on Tuesday.
Women behind the wheel, movie theatres and now snowmen! Everyday things in the outside world are prohibited in Saudi Arabia's incredibly conservative society. Rediff.com compiles a list
It is important to understand that debt investors are a conservative lot and, in general, most such investments are hedged out of foreign exchange risk to simply earn an arbitrage profit, rather than carry the risk to possibly increase their yield.
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While there are no definitive statistics available, the Tirupati Trust Foundation has well over 1,000 tonnes of gold.
The winners of the 60th annual World Press Photo Contest have been announced. The winning shot was taken by Turkish Associated Press photographer called Burhan Ozbilici, with an image he has simply titled An Assassination in Turkey. Showing Mevlut Mert Altintas shouting after shooting Andrei Karlov, the Russian ambassador to Turkey, at an art gallery in Ankara, Turkey, on December 19 2016.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
The International Cricket Council released the provisional squads of the 12 teams for next year's World Cup in Australia and New Zealand on Friday. However, co-hosts Australia and minnows Ireland decided against releasing the provisional list although they submitted 30 names to the parent body within the stipulated deadline.
The 17th Asian Games came to a close on Saturday, bringing an end to two weeks of intense competition, drama and controversy that shone a light on the best and worst of a region that will host the world's biggest events for the next decade.
The National Rifle Association aims to shoot down Vivek Murthy's Senate confirmation as United States Surgeon General, Aziz Haniffa reports
'Everyone in my family has got huge success in films but I failed. The person who hits rock bottom has to face his difficulties himself. People at a higher level don't know what's happening down there.' Aamir Khan's brother Faissal tells us where he's been all this time.
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It's perverse to rationalise 'controlled' killings or torture -- without going down a slippery moral slope. Once the state stoops to torture, it's liable to sink into tyranny, says Praful Bidwai.
'I don't know how they dared to send Krrish for a National Award. It was a horrible film! Films like Dabangg and Bang Bang are trash films. Goliyon Ki Rasleela: Ram Leela was so bad; only the music was good. Straight talk from Garm Hava director M S Sathyu.
