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The worst performing Asian currency of the year so far hit a new life low of 61.80 rupees per dollar on Tuesday, breezing past a previous low of 61.21 hit on July 8. Central bank intervention helped the rupee recover, but by Wednesday it was sliding once again, to stand around 61.41 by 1.30 p.m.
Bucking a strong trend in share market, the Indian rupee on Monday gave up all its initial gains and slipped 18 paise to close at 61.94 against the Greenback on rising dollar demand from importers.
The Rs 3-trillion West Coast or Nanar refinery has all the potential to become India's flagship petrochemicals project, with the planet's largest oil producer Saudi Aramco as its biggest shareholder. Yet the locals don't see the plant as a harbinger of better times.
The NDA govt launched the Mudra scheme to give unsecured loans of up to Rs 10 lakh to small enterprises with the objective to provide self-employment
Maruti's exports are limited and mainly to countries in Africa and Latin America.
Indian automobile website MotorBeam.com has a go in the 330i GT M Sport to find out what this new variant is all about.
In its report 'Global Top Picks', Barclays expects the current bull market in global equities to continue, generating a total return of 9 per cent in 2015.
The Japanese automaker has derived the WR-V from the Jazz and it gets quite a lot of changes over the premium hatchback.
ONGC is raising debt for a spate of acquisitions over the past year
Sukanya Verma on The Zoya Factor in Indian cinema.
Analysts are enthused by BPCL's upstream foray and have re-rated the stock in the past couple of years.
'Jaffrey played all his roles with a characteristic elan and amiability: He looked like a clever, all-knowing, winking Super Mario, gloriously grey around the edges. Irresistible, really.'
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Traders say the outlook for the rupee has improved on the back of a sharp narrowing in the current account deficit after government and central bank emergency measures such as curbing gold imports.
Swadeshi jeans will be entirely made of cotton with no addition of any kind of synthetic material
Grosvenor House hotel was put on sale by its lender Bank of China earlier this year after a 'technical default'
However, dealers said that most of the rupee's gains were lost on consistent dollar demand from state-run oil refiners and other importers.
Annabel Mehta, Sachin Tendulkar's mother-in-law, has dedicated her life to working with the Beautiful People of the other half of Mumbai without whom the city would neither exist nor thrive. Vaihayasi Pande Daniel met the amazing lady who was awarded the Member of the Order of the British Empire for her service to underprivileged communities.
From using Artificial Learning to Machine Learning to deploying drones food delivery platforms are going all out to reach the extra consumer, says Peerzada Abrar.
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In the global market, the dollar was quoted lower in the early trade with investors looking ahead to the following day's European Central Bank policy decision.
Petroleum Minister Dharmendra Pradhan was to give away the awards but he could not attend because he was travelling.
If the government seriously keeps out of business, the business world will know about it at a lightning speed; there would be no need for rock show-like events.
Sticky labour laws and a difficult business environment have led to employers shifting their new hiring in favour of contract labour where social security is much lesser, says Mahesh Vyas.
These cars offer the performance of a more expensive car for a quarter of the price.
The Fed's decision on tapering its monthly $85 billion bond-buying programme is expected later on Wednesday.
At Rs 52,610 (on-road, Mumbai), the attractive pricing, refined engine and good manoeuvrability makes the Platina 100 ES emerge as a value for money package and a worthy competitor to the offerings from Hero MotoCorp and Honda.
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
Agri-enterprises are finding it hard to expand due to lack of commercial guidance.
India Inc needs to tighten norms against sexual harassment at work.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
The current process for selecting auditors could compromise their "independence".
The Modi administration has been unable to initiate key reforms.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
'Whether I die in Calcutta or in Paris, on a Wednesday or a Saturday, it does not matter, but you would not want me to come to India's door and then return to France without having visited India.' 'Either I will die or I will visit India!' Claude Arpi hails Georges Clemenceau, French prime minister during the Great War, a great man who loved India.
'To treat a Hindu fleeing persecution and certain death in Pakistan, Bangladesh or Afghanistan on par with a Muslim voluntarily sneaking into India for economic reasons or otherwise is callously cruel, blatantly perverse and grossly unjust.' 'The concept of equality cannot be invoked to perpetuate a historical wrong that needs to be righted,' argues Vivek Gumaste.
Invoking the age-old cultural bonds between India and Iran, Prime Minister Narendra Modi on Monday said it was time for the two countries to "march together" by regaining the "past glory" of historical ties
How does the Royal Enfield Himalayan launched as the country's first budget adventure tourer fare against Mahindra Mojo, launched last October? Team BikeDekho finds out...
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