Continuing its range-bound movement for the fourth session, the rupee today closed up by two paise at 59.25 ahead of industrial output and retail inflation data.
However, FII outflows of Rs 545 crore (Rs 5.45 billion) capped the gains in the rupee, which had slumped by 126 paise in past two days.
The local currency had lost 119 paise in the past five sessions on rising worries over current account gap and fears that withdrawal of US stimulus will hit inflows from overseas.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
After another day of volatile trade, the rupee today appreciated by seven paise to close at a new one-month high of 59.04 against the dollar as the RBI's liquidity-tightening measures continued to lend support.
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Snapping a two-day fall, the rupee opened strong at 59.49 a dollar from the previous close of 59.76 at the Interbank Foreign Exchange Market and then touched a low of 59.59.
The biggest challenge with public sector banks is the processing time, which is why starting early helps.
There's little interest in seed funding now as investors are finding it a risky proposition.
Which one of these expectations do you think will actually materialise, come February 1?
The stock was the worst performer among the blue-chips on both Sensex and Nifty.
As regular promotional discounts and offers rolled out by well-funded apps determine the demand trend, online hospitality aggregators face growing discontent from restaurants and hotels over commissions and pricing power.
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
The rupee on Wednesday snapped its two days of losses and edged up two paise to end at 59.27 against the dollar following late selling of the US currency by exporters.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
ZipDial has recently been acquired by Twitter.
What makes Nagaraj's achievement significant is the fact that there have been only about 80 Intel Fellows globally in the 50 years of the company's operation.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
While start-ups are making it easier to borrow, one needs to choose carefully.
While saving tax is important and certainly welcome, it's lot more important to ensure each instrument actually does the job it was originally meant to, says Manish Shah.
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
Contrary to popular belief, it does make sense to live on rent in your dream house, and own a smaller property, says Manish Shah.
Indian roads continue to be among the most dangerous in the world. Few people are even aware that the Good Samaritan Law exists. Getting a licence to drive is still far too easy.
Month end dollar demand from oil importers has forced rupee to trade weak.
Instead of enhancing the sum insured of your basic policy, a more cost-effective option is buying a super top-up policy.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
It takes a longer time to avail of these loans, owing to tight due-diligence process of banks.
Experts have been talking about the perils of being uninsured or underinsured.
Slowing funding cycles for early-stage companies, freshers opting for more established firms, and many opting for places with better infrastructure are slowly taking away Koramangala's tag of 'India's Silicon Valley'.
Their share in overall market capitalisation of BSE stocks has risen to a four-year high
Three key instruments that can help you meet your financial goals, while also allowing you to enjoy tax deductions are ELSS, term cover and health cover.
One97 Communications, which owns Paytm, was awarded the title sponsorship rights for India's international home cricket matches for four years after a winning bid of Rs 2.42 crore per match.
Now, with an aim to make basketball the second-most followed sport in India, the NBA launched its customized NBA.com in Mumbai on Wednesday.
One of the reasons behind the changing trend is that the applicants are spoiled for choice
Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.
Experts argue that the top two players in each category will receive funding sooner or later, but for laggards, the market is still challenging
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Still unsure about where you want to travel during the long Diwali weekend? We'll help you out.
Infosys may have put the visa misuse investigations behind it through a civil settlement with the US authorities, but experts believe that the episode might drag its other peers under the scanner.
Have you decided what will happen to your social networking accounts and your digital possessions when you are no more?
A mixed global trend and weakness in rupee influenced the sentiments during the day.
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