The view among the regulator and the government is that the currency is overvalued
Monday's steep fall turned Sensex's yearly returns to - 2.57%, but only two large-cap funds did worse.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
Export growth picked up mainly owing to rising global crude prices, which pushed up processed petroleum exports by nearly 40 per cent, apart from a broad-based improvement in exports of major foreign exchange earners such as engineering goods and gems and jewellery.
Public sector banks' need for capital should be used to make fundamental reforms to their governance and management.
The linking of biometric UID/Aadhaar number to all public services makes "We, the People of India" worse than slaves, says Gopal Krishna.
Rajasthan, Gujarat and Madhya Pradesh are the worst-hit states.
When it comes to embracing newer technology, youngsters are usually much faster than adults. It's this quick rate of adoption that also makes them susceptible to danger.
'While GST and demonetisation are likely to cause disruption for longer than the market currently expects, they can have meaningful positive impact over the medium-term.'
Deflation masked the rise in food inflation to a 5-month high.
Hackers have begun to emerge from the shadows of suspicion.
Can the poll outcome be a trigger for a meaningful correction?
The two were arrested for alleged embezzlement of funds for a museum in Ahmedabad.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
Any change in rates would mean more volatility; else, poll outcome-fuelled rally expected to continue.
The NGT directed the Delhi govt not to implement the scheme unless it established that it was not counter-productive.
Isn't National Intelligence Grid and UIDAI engineered by vested interests, asks Gopal Krishna.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
Bank of America Merrill Lynch believes this would ease pressures on CAD as $10 a bbl fall in oil price reduces CAD by $8 billion or 0.4 per cent of GDP.
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
Showing signs of financial strain, the government's fiscal deficit in the first five months of the ongoing financial year has already touched 74.6 per cent of the budget estimate.
This historic Vishaka judgement brought the issue of sexual harassment in the workplace into the mainstream discourse says Kanika Dutta.
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
The UK Court of Appeal has cleared the way for a minimum income threshold of 18,600 Pounds for British citizens bringing foreign spouses to live with them in the country, a move likely to affect thousands of visa applicants, including Indian-origin people.
Scientist are flabbergasted by the video showing an alleged human sacrifice near a Chola period statue gifted to CERN by India.
Instead of being carried away by Friday's historic election verdict, savvy investors were seen taking money off the table, after the benchmark Sensex rallied about 1,500 points in intra-day trade.
Words of advice for parents who think it is okay to stalk their children on social media.
For India, the talks will work as another opportunity to sharpen its positions ahead of the formal UN negotiations.
The court observed that 10 per cent reservation for poor among the unreserved category takes the total quota beyond 50 per cent, which is not permitted as per the SC's earlier decision.
WikiLeaks has released what it termed as the biggest-ever leak of confidential documents from the Central Intelligence Agency, claiming the America's premier spy agency partnered with foreign intelligence agencies to turn TVs and smartphones into weapons for surveillance.
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
India's snooping programme is officially underway and multiple agencies will use internet surveillance system Netra and National Cyber Coordination Centre to keep a tab on suspicious activities on the internet, says Vicky Nanjappa.
Sensex is under pressure due to concerns in the global market.
'Modi and BJP have fooled us enough by creating a Hindu-Muslim divide. Our anger is about jobs and farmers getting a good price, but Shah needs to be taught a lesson for betraying us.'
From Narendra Modi's victory in 2014 to the Nitish-Lalu triumph in 2015 and delivering Assam to the BJP in 2016, young and very professional strategists have startled politicians and the media.
The search for missing Malaysia Airlines flight MH370 has come to an end with passengers' families being informed that the effort to find the plane has been suspended.
Irdai's push will make insurance cheaper for consumers and enable a consolidated view of all policies.
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