The GIFT City management is in talks with Hong Kong, London, and Singapore arbitration centres
The dollar index eased 0.05 per cent to 98.69.
Indian companies are in a precarious financial position.
A massive outflows of foreign funds on the back of stricter participatory notes and renewed possibility of Fed lifting US interest rates largely impacted the domestic unit.
India has imposed several restrictions on imports of gold, the biggest non-essential import item, to curb a record trade deficit.
A combination of externalities such as global trade wars and slowing growth, continuing glitches in accessing offsets under the GST regime, which has created a liquidity crunch for smaller exporters, and the growing competitiveness of smaller countries are causing the slowdown.
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.
RBI's intervention in the currency market is through public sector banks.
Spaniard Nadal was in all sorts of trouble, trailing by a set and 5-4 and with 69th-ranked Rosol serving at 30-0, but his Czech opponent framed a basic backhand volley at 30-15 and blew his chance, Nadal going on to win 1-6, 7-5, 7-6(4).
Gold is seen as a preferred asset for all types of investors, even central banks.
Costlier oil due to rising conflict in Iraq threatens to hurt the India economy that is already battling price rise and slowing growth.
Fed is still concerned about weak export growth.
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
Gupta began serving a two-year prison term on insider trading charges
IAAF president Sebastian Coe says there has been no cover up of Russian doping cases despite the latest leaked documents appearing to show that officials of athletics' governing body were discussing how to suppress news of positive tests.
Gold is often favoured as a hedge against economic and financial uncertainty
The rupee gained for the second day, climbing 23 paise to a one-week high of 62.07 against the dollar on Wednesday, amid a modest recovery in local stocks and sales of the US currency by exporters and banks.
India celebrated Dhanteras, the biggest gold buying festival, followed by Diwali, when scarcity of the yellow metal and high prices pushed consumers to buy silver and diamond jewellery.
Karolina Pliskova lost her cool over a line call and bashed a hole into the umpire's chair with her racket after suffering a 3-6, 6-3, 7-5 defeat by Maria Sakkari in the Italian Open second round on Wednesday.
The trial of Susan Xiao Ping Su, the president and owner of the fraud-ridden Tri-Valley University, started on Tuesday.
The Nifty has gained 2.6% so far this week, while the Sensex has climbed 2.85%
Novak Djokovic is expecting a fierce battle with an old friend and familiar protagonist when he makes a bid for history in the Australian Open final against Andy Murray on Sunday.
Djokovic, who is aiming for a fifth Wimbledon title and his 16th Grand Slam crown, plans to play only one or two exhibition matches in the build-up to the grasscourt major.
The lawsuit seeks an injunction to stop the entire rule from going into effect.
The US Open is the biggest tournament in America's tennis calendar. Enough reason for the big personalities from Hollywood, former tennis champions and other celebrities to catch their favourite tennis stars in action.
M C Mary Kom notched up her fifth gold medal at the Asian Women's Boxing Championships, winning a fiercely-contested summit clash in the 48kg category in Ho Chi Minh City, Vietnam, on Wednesday.
Heavy selling of the US dollar by banks and exporters in the face of renewed capital inflows predominantly kept sentiment highly buoyant
The rupee showed range-bound movement on Wednesday as investors preferred to stay cautious in the unsure market.
News of all that's transpired on and off the football field
World number five Alexander Zverev continued his poor recent form as he crashed out of the Italian Open in the second round while Serena Williams had to pull out of the women's draw with a recurring knee injury.
In 2014, foreign tourist arrivals grew by 10.2 per cent over 2013.
Australia's former great hope Bernard Tomic admitted he was "bored" during a listless first-round defeat by Germany's Mischa Zverev at Wimbledon on Tuesday.
The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
Summary of sports events and persons who made news on Friday
The dollar index, which tracks the world's reserve currency against a basket of its peers, is down 0.16 per cent at 97.58.
Concerns related to capital outflows in the aftermath of the first US interest rate hike in nearly a decade predominantly weighed on the rupee trade.
The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.
In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
Overall forex market sentiment remained cautious
Facts on the Commonwealth Games to be held in Australia's Gold Coast:
