The partially convertible rupee closed at 63.37/38 per dollar compared with 62.83/84 on Monday. The unit dropped 0.85 per cent on the day, its biggest single-day fall in two weeks.
BSE has brought in the new technology from Deutsche Bourse.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
A way out of the economic slump is to revisit the template of 15 years ago and follow its constituents, recommends Ajay Shah.
Putting Indian markets on fire, the foreign investors have pumped in over Rs 1-lakh crore of so-called 'hot money' into stocks during 2014 -- taking their cumulative net investments here beyond Rs 10 lakh crore.
Beginning his film career in antagonistic roles, he later emerged on his own to become a hero. Ambareesh also had a successful career in politics having been an MLA, a Lok Sabha member and a former minister at the state and central levels.
The court directed Raju, the prime accused in Satyam scam, and others to furnish personal bond of Rs 20,000 each and sureties of the like amount on or before December 22 and posted the matter to the same date.
Indices reversed all its losses during late trades.
India's most heavily indebted property firm, DLF has filed an appeal with the Securities Appellate Tribunal (SAT) against a ban from tapping capital markets for three years, a spokeswoman for the appellate told Reuters.
Punjab National Bank is the second largest PSU bank, in which government holding is 58.87 per cent.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
Ponzi schemes have characteristics that the informed investor can spot easily.
ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
In recent past, midcap stocks have performed well, say experts.
In the past four months, launches of luxury and super luxury cars have sped ahead of non-luxury ones.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
The company's executive vice president and chief financial officer Rajiv Bansal has resigned.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
In efforts to move towards a cashless society, the Reserve Bank on Wednesday said it will come out with a concept paper on promoting electronic payments, especially in smaller towns, by November-end.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
Finance Minister must be hoping that Indians get over gold-addiction.
The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
The fall in reserves was due to a sharp fall in foreign currency assets.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
Revenue rose 23.4 per cent to Rs 1,655 crore
Indexation is a technique to adjust tax payments by employing a price index which adjusts for inflation
After opting for status quo in policy rates, Reserve Bank Governor Raghuram Rajan on Tuesday said any more cut will depend on further transmission of previous rate cuts by banks, softening in inflation and progress of monsoon.
UK visas may be auctioned off to overseas millionaires or "sold" in exchange for donations to hospitals and universities under new government proposals.
The total allocation for the road sector has been Rs 97,000 crore.
'The fact that you did not receive the rent through a bank will not take away the taxability of the rent in your hands.'
We should work in unison to boost growth: FM
Abheek Barua & Bidisha Ganguly explain why the US treasury should intervene if the overvalued greenback continues to rise.