The rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar on Friday as rising crude oil prices and unabated foreign capital outflows soured sentiment. A sell-off in equity markets and stronger greenback overseas also weighed on the domestic unit, forex traders said. At the interbank foreign exchange market, the local currency opened at 77.81 and witnessed an intra-day high of 77.79 and a low of 77.93 against the US dollar.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Trading sentiment in the equity markets this week will be guided by global cues, Covid-19 trends and quarterly earnings by market heavyweight TCS, analysts said. Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.
Roles ranging from digital marketing to wealth management are some of the emerging roles, notes Sekhar Garisa, CEO, foundit, a job search app.
The central government on Monday issued a Gazette notification to extend the tenure of defence secretary, home secretary, director of Intelligence Bureau, and secretary of Research and Analysis Wing for a period of two years.
Delhi Chief Minister Arvind Kejriwal announced that primary schools will be closed from Saturday in view of spike in pollution levels in the national capital.
A majority of respondents in a survey said they will not use WhatsApp payment features and may discontinue business chat if the app shares information with Facebook and third parties, according to a survey. The survey -- conducted around WhatsApp new proposed policy across the country covering over 17,000 respondents -- found that five per cent users have deleted the app, while 22 per cent claimed to have reduced using the mobile messaging platform.
He was permanently absorbed into the ED cadre in 2014 and has headed some high-profile investigations into the 2G spectrum allocation case, the 2010 Commonwealth Games, the money laundering cases against former Union finance minister P Chidambaram and his son Karti Chidambaram, Andhra Pradesh chief minister Y S Jagan Mohan Reddy and former Jharkhand chief minister Madhu Koda, the Aircel Maxis and VVIP choppers case.
There were reports of lobbying within the Pakistan army for the ISI DG's post, which falls vacant in June, reveals Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
The timing of these transfers, while being projected as routine, is significant in both strategic and political terms, asserts Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Vicky Nanjappa reports on the recent showdown between telecom operator Airtel and the Research and Analysis Wing over tapping of certain phones
Senior Indian Police Service officer Alok Joshi will be the new chief of the Research and Analysis Wing and Syed Asif Ibrahim will be the next Director of Intelligence Bureau, the first Muslim to head it with four officers senior to him having been shifted out.
A BTech and PhD in police, human rights and social justice, Singh joined the federal anti-money laundering investigations agency in 2009 on deputation from Uttar Pradesh where he was serving as a state police service officer.
Lieutenant General Sahir Shamshad Mirza is the Pakistan army's new chief of general staff, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Companies are offering services in drug discovery and validation based on pathway analysis (that is, analysis of how toxic or radioactive substances reach humans), genomics (study of gene sequences in living organisms), proteomics (large-scale study of proteins) and translational research (clinical investigation with human patients or volunteers).
IT services major Tata Consultancy Services on Thursday said it has been ranked number one for customer satisfaction in a major survey conducted by Whitelane Research in the United Kingdom.
'Even though as Xi will seemingly continue to stay in power beyond his third term, competitions for the post-Xi leadership would be inevitably unfolded beneath the surface of water, and that will be a big headache for Xi the dictator.'
Despite persisting questions among peer officers in the army about his professional competence and ethics, after his recent 'triumphal' Kabul sojourn, Faiz Hameed remains the hot favourite of both General Bajwa and Prime Minister Imran Khan, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing.
'India's manufacturing will take 10-15 years to catch up with China.'
Another extension for General Bajwa in office at this juncture looks unlikely at this juncture, observes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Technology firm Wipro has a "high probability" of getting included in the benchmark Sensex, while two-wheeler major Bajaj Auto is the "most likely" deletion candidate, according to an analysis done by Brian Freitas, an analyst at independent research provider Smartkarma. The changes to the index will be announced mid-November, and will become effective from December 17. The December review uses the 6-month average market capitalisation and trading turnover data between May 1 and October 31 to determine changes.
Why did the department and his colleagues not stop this 'rogue' officer from implicating an innocent man while the entire nation was watching for weeks? The answer is they either approved, or disapproved and refused to intervene or they didn't care, notes Aakar Patel.
Colonel Ajay Kothiyal, Kirti Chakra, Shaurya Chakra, is one of the most decorated soldiers to join politics. He still has two bullets lodged inside his body sustained in a gun battle with terrorists in J&K.
After dropping to a low of Rs 1,298 apiece, the stock finished at Rs 1,380, its lowest level since November 22, the second day of listing.
Lieutenant General Faiz Hameed, who has been replaced as ISI chief, will remain in the forefront of Pakistani initiatives in Afghanistan as also in the peace talks with the Tehrik e Taliban, Pakistan. He will also get a year plus to serve in a corps command, remaining in the race for selection as the next army chief when General Bajwa retires in November 2022, explains Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing.
Explaining how RT-PCR tests may yield a false negative results, the scientists said, when a swab misses collecting cells infected with the virus, or if virus levels are very low early during the infection, some tests can produce negative results.
It is unlikely Brigadier Raja Rizwan was working for RA&W, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Job postings activity in April witnessed 3 per cent decline sequentially as the country is hit with the second wave of the pandemic leading to lockdowns, according to a report. The data indicates that the employment index saw a decline in job posting activity in April compared to March, by 3 per cent, according to the Monster Employment Index. The overall job postings also witnessed a decline of 4 per cent year-on-year as of April 2021, compared to April 2020.
"It went up to 20-odd per cent in 2019 and to 25 per cent a year later. "That's when we decided to pull the plug; it was not sustainable for our business," says Chadha. Madison & Pike, instead, turned to Mumbai-based start-up Thrive, which provides third-party delivery services to restaurants at a much lower commission - three to five per cent.
'Our technology is going to help Indian agriculture the way the White Revolution helped milk production.'
From cloud computing to people analytics, most lucrative future jobs will be dominated by people with digital skills and expertise, explains Sarita Digumarti, chief learning officer, UNext Learning.
'We expect to get the approval in the next few weeks,' says Deepak Sapra, CEO, API and pharmaceutical services, Dr Reddy's Laboratories (DRL).
Lenders had filed 1,251 cases to recover Rs 24,765.5 crore. Wilful defaulters are the entities that do not pay back money despite the ability to do so. Defaulters above Rs 1 crore were considered for this exercise.
The rally in mid- and small-cap stocks has spilled over into the IT sector as well. Second and third-tier IT stocks, which historically traded at a discount to the big five IT companies, are now trading at nearly 25 per cent premium to their large-cap peers. The smaller IT companies have a price-to-earnings (P/E) multiple of nearly 38 times against the big five's current P/E multiple of around 31x.
Most of the scanty 6.35% rise in the defence budget is accounted for by manpower and running expenses.
India's political infighting is denting business confidence.
How Pakistan army chief General Qamar Javed Bajwa deals with the ensuing reshuffle of lieutenant generals would be interesting to watch, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
June indicates a change in trend from previous quarters in terms of how much companies are spending on employees. The worst hit sectors included steel, air transport service and automobile firms.
Prime Minister Modi has entrusted Amit Shah with the task of coordinating all the agencies with their power to monitor movement and phone calls, says R Rajagopalan.
Cambridge, Massachusetts-based Moderna's announcement comes just a week after Pfizer and Biontech said their COVID-19 vaccine candidate was found to be more than 90 per cent effective in preventing COVID-19 in participants.
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