In line with rally in stocks, the Indian rupee on Monday appreciated for the second straight session and closed with a eight paise gain at a one-week high of 61.36 against the Greenback.
Modi and Trump will meet at 1.20 am (IST) following which they will have delegation talks and then a dinner.
The Supreme Court has not only exposed the BJP government's intentions, it has also questioned the government's credibility, which is a serious blow, says Sheela Bhatt/Rediff.com
Enabling labour to become more globally mobile can produce higher remittances with powerful 'brain gain' dividends.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Forex dealers said strengthening of dollar against other currencies in the global market also put pressure on the rupee but a higher opening of the domestic equity market limited the fall.
The money was paid to Mallya in two tranches in his offshore accounts.
Chinese brokers had been looking to use some of the cash they raised this year to expand their global reach
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
"Considering the facts and circumstances, I am of the view that police custody is justified," the judge said.
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
It was an extraordinary turnaround for an Olympics that was expected to be held without major issues by a country known for public safety and economic stability. It also revealed a fatal miscalculation by Japanese and IOC officials of public sentiment at a time of heightened fears over the coronavirus.
China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.
RBI governor Raghuram Rajan, on Monday, said the current level of the rupee is "pretty reasonable" and any attempt to devalue it may lead to a surge in inflationary pressures and "offset any benefits"
In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.
Trump becomes first sitting US President to pray at the Western Wall.
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
Gold has pushed lower as a result of Chinese selling.
Indices reversed all its losses during late trades.
As the government submitted a list of 627 foreign account holders to the Supreme Court on Wednesday, the spotlight is on family of former Maharashtra chief minister, former minister in the UPA government, a Mumbai-based corporate among others. Vrishti Beniwal reports
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
This surpassed its previous record close of 29,974.24, reached on April 5.
OVL, along with Oil India Ltd, had in June agreed to buy Videocon Group's 10 per cent in the same block for $2.48 billion.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
The trading range for the Spot USD/INR pair is expected to be within 66.20 to 67.00.
On Friday, the rupee had gained 9 paise to close at a fresh one-week high of 67.08.
Forex dealers said rebound in domestic stock markets also helped the rupee strengthen against the dollar.
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
The rupee has dropped by 83 paise or 1.24 per cent in three days
Modi denies the charges and was exonerated in an Indian Supreme Court inquiry in 2012.
Month end dollar demand from oil importers has forced rupee to trade weak.
The breadth, indicating the overall health of the market, was slightly positive
The Sensex will then rally further and end 2016 at 28,000, according to the median forecast of 50 analysts polled in the past week.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
According to the report, the demand for materials needed for infrastructure projects like metals, minerals, buildings and transport equipment is expected to increase as the country invests in building its civil infrastructure.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Lauding the contribution of non-resident Indians in the development of the country, he said, 'Mahatma Gandhi, Sardar Patel, B R Ambedkar, Jawaharlal Nehru were all NRIs. They travelled the world and helped India with new perspectives.'
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