A Central Bureau of Investigation officer, who was part of the probe team investigating the 2G spectrum scam, on Thursday denied in a Delhi court that A Raja's erstwhile private secretary R K Chandolia was falsely implicated in the case as he had refused to depose against the former telecom minister.
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In the global market, the US dollar rose against the basket currencies in early trade as US President Barack Obama called for diplomacy in dealing with alleged chemical weapons attack in Syria but kept open the possibility of military action against the Assad regime.
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.
A strengthening dollar overseas also kept the rupee under pressure amid demand from importers. Goldman Sachs followed JP Morgan, HSBC and Nomura in cutting India's economic growth forecast and also said it expects the rupee to touch 72 against the dollar in the next six months.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
The local currency opened higher at 61.20 a dollar from the previous close of 61.30 at the Interbank Foreign Exchange Market.
The rupee on Tuesday gained 29 paise to close at seven-month high of 60.48 against the dollar on sustained selling of the US currency by exporters and banks.
A weak dollar overseas failed to restrict the rupee's decline, a forex dealer said.
'It would be too sweeping to say that the elites and the middle-class don't care about liberty.' 'It is just that they are always calculating the trade-offs: What's in it for me, what could it cost me?' 'To that extent, we haven't changed in 40 years,' says Shekhar Gupta.
The rupee had gained 24 paise to close at nearly one-week high of 60.95 against the dollar yesterday following selling of the US currency by exporters and some banks, amid sustained heavy capital inflows.
Some of the players in the GST race are Payworld, Dell, Tally Solutions
Tracking local stocks, rupee on Tuesday regained 19 paise to end at 61.85 against dollar as reports of easing geopolitical tension between Russia and Ukraine helped emerging market currencies script a smart recovery.
A total of 211 companies issued 763 offers to the students in the first phase which is the highest number of placement among any IITs across the country in this year.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
The rupee on Thursday appreciated 20 paise to end at 62.37, its highest in two weeks, on positive trends in local equities and fresh dollar selling by exporters.
Bollywood actor Anupam Kher, who has not held back his words when it comes to taking on those who have been protesting on the rising intolerance in the country, has now slammed superstar Aamir Khan for his comments that he too felt that the sense of insecurity and fear had been growing in the past six or eight months.
Bollywood superstar Aamir Khan feels that the sense of insecurity and fear has been growing in the past six or eight months.
India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan.
India Inc says way forward is for Modi govt to work with other political parties to get bills passed.
'The transactions were done in a circuitous route deliberately and most of the companies involved in it are Reliance ADA group firms.'
"If slogans are raised on reputed campuses for fragmenting India, resolutions are made to destroy it, and if Parliament attack convict Afzal Guru is hailed as a martyr, it is shameful and disconcerting," an appeal which has the consent of 33 individuals, including intellectuals and artistes, says.
Young, raw energy from India's engineering colleges on display!
India is mushrooming with Deve Gowda wannabes because being a former prime minister is better than being a former chief minister, says Shekhar Gupta.
Balwa, who is accused along with 16 others in the case, claimed that he cannot be prosecuted for pushing back Tata in the race as the firm was never in the race to get the 2G spectrum licence
Capital inflows continued to aid the rupee's rise, although a strong dollar overseas capped the gains.
Continuing its range-bound movement for the fourth session, the rupee today closed up by two paise at 59.25 ahead of industrial output and retail inflation data.
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Some analysts believe that markets are expected to remain unclear and would have to wait until tomorrow's US non-farm payrolls data.
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The rupee gained 8 paise to close at over two-week high of 61.23 against the US dollar in the previous session.
The rupee added another 8 paise to end at 61.23 against the dollar, the highest level in more than two weeks, as the US currency traded stable ahead of the outcome of Federal Reserve's meeting today and as domestic shares surged to a record.
It will be a battle for survival for struggling Rising Pune Supergiants when they lock horns with formidable title-contenders Sunrisers Hyderabad in Tuesday's Indian Premier League match in Visakhapatnam.
Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
Industry players have sought government support in the form of stimulus package and reduction in excise duty to overcome the slump.
A Delhi court on Saturday issued fresh summons to Reliance ADA Group Chairman Anil Ambani and his wife Tina Ambani to appear as prosecution witnesses before it next month in the 2G spectrum allocation case.
News of all that's transpired on and off the football field
At its core, Criminal Justice is a tale of small miscalculations leading to grave consequences, feels Sreehari Nair.
'Modi remains the most popular politician in India; the BJP's organisational and fundraising prowess is considerable; and the Opposition, while newly collaborative, has no leader or clear economic messaging as of yet.'
However, FII outflows of Rs 545 crore (Rs 5.45 billion) capped the gains in the rupee, which had slumped by 126 paise in past two days.
'The Vision of Justice was indeed attained in the courtroom.' 'Not once, but multiple times.' 'But has it translated into reality?' 'Has the success of these sterling verdicts reached the ground?' asks Justice Ranjan Gogoi, the next Chief Justice of India.
Forex dealers said weakness in local equities cast a shadow on the rupee. Dollar losing in overseas markets didn't impact the fall of the local currency, they added.
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