With GDP growth improving to a nine-quarter high of 5.7 per cent and the stock market brimming with optimism, now is the time for Modi to keep his promises.
In early trade on Monday, the rupee fell to 63.33 to a dollar, its weakest since September 18.
Pai is the fourth Indian-American to become part of Trump's administration.
The country has produced a record harvest, but many farmers in the onion bowl of Maharashtra have lost a large share of their crop damaged in storage, adding to the country's inflation woes.
A New Jersey-based construction management firm has been charged with bribing Indian officials several crores of rupees to win two major water developmental projects in Goa and in Guwahati.
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Dealers cited some dollar selling by state-run banks in the session, which some said may be on behalf of the central bank.
Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.
Environmental campaigners say they hope two outstanding court cases can still stop India's Adani Enterprises Ltd from developing a A$10 billion ($7.6 billion) coal project.
According to sources in the aviation ministry, only State-owned Air India and private carrier AirAsia India have agreed to pay the surcharge.
Monsoon is expected to be normal in June.
Two football bosses including a former president of Honduras pleaded not guilty on Tuesday to US charges they took bribes in exchange for media and marketing contracts in a scandal that has rocked the business of global football.
Nearly $1 million in funds from soccer's global governing body FIFA may have gone missing from Guatemala's soccer federation last year, according to sources and an internal audit seen by Reuters.
The United States Securities and Exchange Commission, the federal agency to regulate the securities industry in that country, has sought India's permission to probe the multi-million dollar Satyam fraud case.
Industry staring at a record surplus by next year
'The Modi government is trying hard to see if it could be sold to a private airline.' 'But it appears there are no takers.' 'If no buyer comes forward by June, the government will close down Air India,' predicts A K Bhattacharya.
India has not been able to compete with countries such as Bangladesh and Vietnam.
Traders said good dollar demand from importers including oil companies was seen at stronger rupee levels, limiting any further gains.
Imports too contracted by 28.72 per cent to $31.16 billion. Dip in exports and imports narrowed the trade deficit -- the difference between imports and exports -- in March to $9.76 billion, the lowest in the last 13 months.
The Fed's interpretation of the increase in gas prices is the economist's basic mantra of supply and demand.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Steven Heldt said 95 per cent of Tata's 14,000-person US workforce descend from South Asia.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bengal Finance Minister Amit Mitra expressed confidence in GST.
India's numbers have shown a reasonable amount of improvement.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
This increase in federal IT outsourcing, from the $12.2 billion spent in fiscal 2005, will be registered with the help of specific drivers.
The Nifty ended at 5,060, down 94 points.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
...helped by a Wall Street rally after the US Federal Reserve yesterday pledged to keep US interest rates low at least through mid-2013.
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
Around 52.46 per cent of the patients have recovered, the health ministry said. The number of active cases stood at 1,53,178 while 1,80,012 patients have recovered, it said in the daily COVID-19 update.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
Football's Carli Lloyd seen as marketing darling, analysts say.
Generic drugmakers cannot be sued under state law for adverse reactions to their products.
Forex dealers said besides dollar's gains against other currencies overseas, increased demand from oil importers for the US currency put pressure on the rupee.
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.31 per cent at 97.52.
Fed is still concerned about weak export growth.
Violent agitations continued to rock parts of West Bengal for second consecutive day on Saturday as people protesting against the amended Citizenship Act set several buses on fire and torched portions of a railway station complex, officials said.
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