A video of Head Constable Iqbal Singh feeding the boy has gone viral on social media and has won plaudits for the security forces operating in Kashmir.
This brings the Fed a step closer to raising interest rates this year
US brokerage Bank of America-Merrill Lynch on Tuesday said its sees the first rate cut this fiscal only in March next as inflation is expected to fall only by December end on a decline in commodity prices driven by the US Fed tapering.
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
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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 trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
Mark Mobius doesn't see any crisis brewing in emerging markets.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
At present, the repo rate acts as the policy rate when liquidity is in deficit mode while reverse repo becomes the operating rate when there liquidity is surplus.
The US dollar surged to fresh one-year high after the Fed chief's testimony to the US Senate on Wednesday bolstered the expectations of interest rate hikes, though gradually.
The rupee has dropped by 60 paise or 0.89 per cent in the last three trading days.
'India is possibly the most fiscally constrained market in the region.'
Further outperformance hinges on pickup in industrial activity, buying by local investors.
Indian benchmark indices may witness bouts of volatility this week as traders roll over positions in the derivative segment on expiry of near-month contracts, say experts.
Demonetisation, Donald Trump's surprise victory in the US presidential elections, and the fear that US Fed may hike rates in the upcoming policy review in December have dented market sentiments, report Puneet Wadhwa & Deepak Korgaonkar.
The next 12 months will be quite challenging marked by uncertain political events and evolving macroeconomic scenario
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
The RBI's next policy review is set for Sept. 29.
Gold slipped to near 5-1/2-year lows on Friday and was on course for a sixth straight weekly fall.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
The Indian rupee on Thursday appreciated by 12 paise to end at 66.71.
The bankruptcy filing of Lehman Brothers on September 15, 2008 brings back the most vivid memories of the crisis.
The rupee had revisited the near 2-month low of 60.55 per dollar earlier in the session.
Make saving some of what you earn a monthly priority.
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The broader consensus was that the Fed would cut the monthly stimulus of $85 billion by $10-15 billion.
The broader NSE Nifty managed to end higher for the second day at 10,426.85, up by 5.45 points or 0.05 per cent after shuttling between 10,478.60 and 10,377.85, intra-day.
Reserve Bank of India Governor Bimal Jalan said on Friday that there was no proposal to lower the short-term benchmark repo rate now.
India's economy is forecast to grow at 4.8 per cent in 2013, down 1.3 per cent from its earlier projection, the UN's World Economic Situation and Prospects 2014 report said.
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
In New York market, the dollar fell against euro late yesterday, as European Central Bank President Mario Draghi said that central bank officials had discussed quantitative easing as an option to fight falling inflation.
A widening probe by US authorities involving top drug companies following complaints of price fixing of generics was a point of worry for the participants, said analysts.
This will encourage exports and discourage non-essential imports such as precious metals
The Reserve Bank has taken some steps to shore up the domestic currency.
'We are not producing good students who are examining issues independently of what they are being fed either by the media or their educators,' says Aakar Patel.
Risk sentiment is likely to be favourable if oil prices stay benign, global growth sentiment remains robust and the dollar index does not break out, says B Prasanna.
The rupee recovered by 11 paise to trade at 60.84 against the US dollar in early trade today on selling of the American currency by banks and exporters.
As we say shalom to 2016, the key drivers for the markets in the year ahead have become more obvious, says Neeraj Gambhir, managing director and head of fixed income, India, Nomura. First, there is a surging dollar. Second, rising commodity prices. Then, we have the effects of demonetisation.
The dollar's gains against other currencies overseas and a lower opening in the domestic equity market also put pressure on the local unit, forex dealers said.
World champion Nico Rosberg's retirement announcement on Friday came as a complete surprise even to the man who knows most of Formula One's best-kept secrets, commercial supremo Bernie Ecclestone.
