Forex dealers said besides dollar gaining against other currencies in the global markets, increased demand for the American currency from importers and lower opening in the domestic equity market influenced the rupee.
'Our grandparents' generation knew one another.' 'In our generation, you could go a lifetime without meeting someone from the other country,' British Pakistani novelist Kamila Shamsie tells Rahul Jacob.
Investor Rakesh Jhunjhunwala and his family's net worth in listed companies surges in the recent bull run.
Air India's new chief Ashwani Lohani is a man of many parts. Here are 10 interesting facts about him.
As households age, they pile up debt, a peculiarity unique to Indians, a Financial Stability and Development Council report has found. Here are the key takeaways.
'It is very important for Indian Americans to understand that we need to have as many seats at the table as we can get. I am going to see to it that I am going to get there," Kumar Barve, the longest-serving Indian-American legislator in America, tells Aziz Haniffa/Rediff.com in an exclusive interview.
The broader NSE Nifty closed below the 10,600 mark by plunging 98.15 points, or 0.84 per cent, to 11,582.35 after shuttling between 11,567.40 and 11,751.80.
'If an airline is willing to get the funding, it will fly in unviable routes.'
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
Falling jet fuel prices and a revival in domestic traffic growth offer the new CMD a once in a lifetime opportunity.
While your insurer will help you open an e-insurance account at the time of buying a policy, existing policyholders must do so themselves
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
The digital opportunity is not just tech opportunity, but an opportunity to reinvent client business model.
Kartik Sawhney, 21, and Neha Swain, 28 from India are among 60 others who won the Queen's Young Leaders Award 2016.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
A good business school will put you through a battery of tests to improve your soft skills, says Dr Tarun Pasricha.
A cheating scandal that has ripped through the core of Australia's most venerated pastime, cricket, prompted church leaders to provide guidance over the Easter weekend on how to emerge from the moral tailspin.
rench President Emmanuel Macron and Modi have been jointly recognised in the Policy Leadership category for their pioneering work in championing the International Solar Alliance and promoting new areas of levels of cooperation on environmental action, including Macron's work on the Global Pact for the Environment and Modi's unprecedented pledge to eliminate all single-use plastic in India by 2022.
Trading in Samvat 2074 on Thursday got off to a rocky start, with the benchmark indices ending more than half a percent lower and the gauge for banking stocks dropping 1.25%.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
His songs were the anchor, the substratum, if you will, upon which life unfolded day after day, decade after decade -- across villages, towns, cities, and regions. Siva Sankar pays tribute to S P Balasubrahmanyam, the legendary singer who passed into the ages on Friday.
It is your duty to be responsible to your health and start saving and investing early in a suitable health insurance, says Naval Goel
'There are some castes that grab power, then pass on the benefits to those who belong to their own caste.'
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
Ranju Sarkar finds out more about Nowfloats, the start-up that is used by 240,000 businesses that reach 13 million consumers.
Modi govt must take measures to prevent widening of fiscal deficit.
The full grant of OROP would raise annual military pensions to Rs 75,000 crore, only slightly less than the salary bill of Rs 93,216 crore.
The banking, financial services and insurance sector was the most targeted by scamsters, says Indeevar Krishna, head, operations and customer service, Max Life Insurance
Gains in financial shares capped further downslide.
The Grand Old Lady of Yoga V Nanammal was the oldest recipient of the Padma Shri on Republic Day this year. Archana Masih met the nearly 100 year old yoga guru who does not wear glasses, has never been to a doctor and can do age defying twists, hauls and bends.
She lived for two-thirds of her life in India, adopted its national cause and customs, and took an Indian passport. She served a prison sentence in Lahore as part of Gandhi's protests against an Imperial power which happened to be her motherland. Freda Bedi delighted in confounding accepted definitions of identity.
From AK47s in Kashmir to becoming an entrepreneur in Germany, Upasna Kakroo has seen it all
Tiger Zinda Hai returns to the same moronic space where it's all about slow-motion Salman, his checkered scarf, his fleeting shirtless-ness, his unrealistically beefed up body and a taken-for-granted indestructibility, says Sukanya Verma.
The Reserve Bank of India (RBI) will have to take far more pro-active steps to rebuild forex reserves, because if the status quo remains, rupee could touch 75 per US dollar by the end of 2014, Bank of America Merrill Lynch said in a report.
S Jaishankar turned out to be a chip of the old block and that too, in modern parlance, a fully loaded chip. The father laid down the precepts of Indian strategy and diplomacy and the son put them into practice. T P Sreenivasan on India's new foreign secretary.
'Glaciers are melting all across the region.'
India's rapid economic progress over the past two decades masks its abysmal performance on social indicators.
Captain Pradeep Shoury Arya is an Income-Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra.
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