The currency fell 3.4 per cent this week, and is below the levels at which it was trading on July 15 when the Reserve Bank of India unveiled its cash tightening steps to defend the currency.
Rupee is under pressure against the dollar say currency watchers.
Wondering if mutual fund investments can help you make you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Traders said good dollar demand from importers including oil companies was seen at stronger rupee levels, limiting any further gains.
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
The domestic unit moved in a range of 64.14 and 63.99.
'Prime Minister Modi doesn't talk to me. He meets and says in monosyllables'
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
.jpg)
The government on Tuesday announced hikes in import duties for gold and silver, but it has yet to unveil other details such as its plan to tax imports of non-essential items.
Oil tanked to a 7-year low as OPEC decided to maintain production.
IIP for November 2015 and CPI for December 2015 will be announced today.
Ten trade unions with a combined membership of 15 crore workers in public and private sector, including banks and insurance companies, are on a nationwide strike to protest against changes in the labour laws.
Traders said besides stockists selling, a weakening global trend where gold posted its biggest decline in almost seven months as Portuguese banking concerns eased and equities gained, diminishing safe-haven demand.
The rupee recovered 14 paise to 66.40 against the dollar in early trade on Monday.
ED had earlier issued summons to Mallya for "personal appearance" on March 18 under the provisions of the Prevention of Money Laundering Act (PMLA).
According to the annual HSBC 'Value of Education Learning for Life' report, India has the world's highest proportion of parents (88 per cent) who are willing to send their children abroad for higher studies, ahead of Turkey (83 per cent), Malaysia and China (82 per cent each).
.JPG)
The Reserve Bank of India late on Wednesday unveiled rules to restrict how much its citizens and companies can invest abroad and announced additional curbs on gold imports.
Getting US citizenship will in no way affect your right of being able to own or hold the agricultural land in India.
Traders said sentiment turned distinctly weak after gold prices slumped in global markets as Swiss voters rejected a plan for their central bank to accumulate bullion and oil extended its decline to five-year low, curbing demand for the precious metal.
In the fourth of a six-part series Sahil Makkar finds out how badly Jalandhar's sports goods industry was hit by the note ban and the price it continues to pay.
Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.
Reflecting substantial financial stress, diversified Jaypee Group companies have defaulted on loans and other payments worth Rs 4,460 crore (Rs 44.60 billion).
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Marking the end of strict banking secrecy practices, Switzerland earlier this month agreed to automatic exchange of information and mutual administrative assistance in tax matters with overseas authorities.
No home food for Karti, medicines allowed only on prescription.
Dealers attributed the fall in the rupee on Tuesday to dollar's gains against other currencies overseas, but a higher opening in the domestic equity market capped the fall.
Unwinding of long dollar positions ahead of the US job data backed the rupee sentiment
Firm equity market failed to restrict the rupee's fall against the dollar
All the sectoral indices, led by realty, metal, consumer durables and power were trading in the negative zone on Thursday.
The US and European Union on Monday announced a round of sanctions against Russian officials.
Chidambaram mocked her with a tongue-in-cheek tweet.
The rupee recovered by 15 paise at 65.49 against the US dollar.
The rupee had recovered from its 29-month lows by rising 39 paise to close at 67.63 on Friday.
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
The former finance minister's only child was arrested at Chennai airport.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
FDI is a major driver of economic growth and a source of non-debt finance for the economic development of the country. The government has put in place an investor-friendly policy on FDI, under which investment up to 100 per cent is permitted on the automatic route in most sectors/ activities. At $ 64.37 billion, FDI in 2018-19 is the highest ever investment received for any financial year.
The Clinton campaign and the Democratic Party have alleged that the Russian interference had contributed in Trump's electoral victory
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances