Forex dealers said besides dollar's gains against euro in the overseas markets, a weak opening in the stock market put pressure on the domestic currency.
Demerging print and TV news businesses will allow for separate investment by interested players.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
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The eight-year-old online messaging service gave potential investors their first glance at its financials on Thursday when it publicly filed its IPO documents, setting the stage for one of the most-anticipated debuts in over a year.
Prime Minister Narendra Modi arrived in Washington, DC, on Wednesday on an official visit to the United States during which he will hold the first face-to-face meeting with President Joe Biden and his deputy Kamala Harris, attend the maiden in-person Quad summit and address the 76th session of the United Nations General Assembly in New York.
'The pride of the devoted Seinfeld fan is that he happens to love a show that doesn't take his love for granted, so that even on repeat viewings he is never really sure what directions an episode might take,' observes Sreehari Nair.
VCs have been especially bullish about India.
The Chinese billionaire and founder of Alibaba is said to be planning a significant investment in business to business e-tailing as well as payment services and logistics companies.
The rupee had closed barely steady at 63.75 on Wednesday.
In New York, the dollar fell against other major currencies on Monday after a December reading on the US services sector came in below market expectations.
What needs to be done to make Mumbai even more attractive is to provide more residential accommodation and faster transport to the southern end of the city (Nariman Point), which is the Manhattan of India.
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
He increasingly looks like a manager unable to cope with the modern tactical realities of football. His display of a fear of failure has been appalling to watch. But Mourinho getting the sack at this juncture will hardly solve the problem, says Dhruv Munjal.
In 2020, Indian users went up by 400 per cent, making it the fastest growing market in the world for Duolingo, with China coming in second.
The rupee fell because of fresh demand for dollar from importers.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
'I am actually quicker now than before,' Boxing legend Mary Kom tells Pavan Lall.
KV Kamath has had a tough journey so far.
However, the hefty initial gains of the rupee, which had jumped to 61.05 intra-day, were substantially erased on month-end demand for US dollars from private oil firms and some defence-related purchases, amid fall in domestic stocks.
Budget may bring exemption for those backed by Indian securities other than shares
The local currency had shed 2 paise to close at 63.44 on Tuesday.
A weak dollar in overseas market in view of the Federal Reserve's cautious stance on interest rate strengthened the rupee value.
The major US indexes pared losses late in the session.
Forex dealers said besides the dollar gaining against other currencies in the global markets on the back of a strong US economy, increased demand for the American unit from importers weighed on the rupee but a higher opening in the domestic equity markets, capped the fall.
The rupee on Wednesday strengthened by another 3 paise to 62.82 against the US dollar.
Rupee ends flat against dollar ahead of Fed policy outcome.
The rupee on Monday ended lower by 23 paise to close at an over two-week low of 67.31 against the US currency.
Kanti Bhatt, respected Gujarati author and journalist, passed into the ages on August 4, 2019, at the age of 88. In tribute, we reproduce an article his wife Sheela Bhatt wrote about him 19 years ago.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Gold prices staged a smart rebound to surpass the psychologically important Rs 28,000 milestone.
The rupee has lost 32 paise, or 0.50 per cent, in five trading days
Summary of sports events and persons who made news on Thursday
Rupee rises by 16 paise against dollar on fresh selling.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
The S&P and Dow dipped the most in a day since September 28.
The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.
A common factor that binds all these men is greed.
Gambling debt, stock tip lead to $1 million settlement but no charges for golfer Phil Mickelson.
The rupee ended almost flat against the dollar.
