The domestic currency moved in a range between Rs 53.03 and Rs 53.24 per dollar during morning deals.
The overall market breadth was remarkably negative as 1,955 stocks declined against 795 advancing ones, on the BSE.
The rupee resumed lower at Rs 53.54/55 per dollar on the Interbank Foreign Exchange, as against its previous close of Rs 53.23/24 per dollar, and declined further to a record low of Rs 53.80 against the American currency before quoting at Rs 53.60/61 per dollar at 1030 hours.
The pay hike has been made effective from January 1, 2016.
The scheme is allowed for a maximum validity of 30 days with single entry facility by the immigration officers in Delhi, Mumbai, Chennai and Kolkata airports on payment of a fee of $60 or equivalent amount in Indian rupees per passenger, including children.
From the brink of defaulting on international payments to a Budget that changed the face of India - A K Bhattacharya takes us through the twists and turns.
Apart from sustaining your portfolio when the domestic market is faring well, global diversification also safeguards it against currency risk.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
Australia all-rounder Shane Watson has suffered a suspected abdominal strain while competing in a Twenty20 tournament in the United Arab Emirates, throwing his participation in the World T20 in doubt.
Sustained dollar demand from banks and importers in view of dollar firmness in overseas markets.
In addition, persistent dollar demand from banks and importers and a weak opening in the equity market also put pressure on the Indian rupee.
Indian rupee appreciated by 35 paise to end at two-week high of 63.03 against the greenback.
The government is buying out the shares of India Ports Global, which are now held in a 60-40 ratio by the JNPT and Deendayal Port Trust in Kandla.
Half a dozen companies looking to tap the market as the Indian rupee stabilises and oil prices cool down.
The Rupee is 3.7 per cent undervalued on trade related basis.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
All the top three major Indian IT firms -- Tata Consultancy Services, Infosys Technologies and Wipro -- either met or beat market and analyst expectations in the quarter ended September 30, 2009, registering their best performance in six quarters.
Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks.
The rupee had gained 16 paise to close at over one-month high of 62.16 on Monday against the American currency on persistent selling of dollars by banks and exporters on hopes of capital inflows into domestic markets.
The rupee had closed at 64.83 last Friday.
A litre of diesel will cost Rs 48.01 compared to Rs 49.31 at present
The creative brains behind the design of the Rupee symbol speak about their experience and the logic they applied to their design.
The logo, which Big B posted via Twitpic, features the recently released symbol for the Indian rupee in the background, an addition Amitabh has claimed as his own.
The benchmark Sensex conquered yet another milestone of 28,000 for the first time briefly before concluding at a new closing peak of 27,915.88, a rise of 55.50 points of 0.20 per cent.
The dollar index surged to multi-year high.
The 'Indian story' will be badly damaged if the Modi government is not re-elected, argues investment banker Christopher Wood.
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Dealers cited some dollar selling by state-run banks in the session, which some said may be on behalf of the central bank.
The RBI, however, asked the government to carefully assess the pros and cons of such action.
India has been struggling to control the current account deficit that hit an all-time high of 6.7 percent of GDP in the December quarter.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
The rupee will join the elite club of US dollar, British pound-sterling, Euro and Japanese yen to have its own symbol.
The five-member jury set up to finalise symbol for the rupee is said to have selected the design presented by IIT-ian D Udaya Kumar, said The Indian Express.
The Indian rupee on Wednesday ended unchanged against the US dollar at 61.41 ahead of the outcome of US Federal Reserve's policy meeting.
The renminbi is expected to weaken another 2 per cent in six months.
Banking laws for NRIs allow for the following deposit schemes, or simply put, accounts with authorized dealers -- banks and financial institutions authorized by Reserve Bank of India to deal in foreign exchange -- to be maintained in Indian rupees and in foreign currency.
The Indian rupee strengthened 12.9 per cent against US dollar during the year ended March, 2010, touching Rs 45.14, on the back of foreign capital inflows, Parliament was informed on Tuesday.
England all-rounder Ben Stokes was the costliest buy after the first round of Indian Premier League players' auction, going to Rising Pune Supergiants for a whopping Rs 14.50 crore.
India's huge market is a major draw for sponsors and advertisers, who often plan product launches around major cricket events and book advertising slots in advance, which in turn leads to a race between broadcasters to secure content.
In dollar terms, the Indian markets managed to climb back to 2008 levels only in January this year. The subsequent fall in the rupee because of emerging market woes has once again pushed the markets below their 2008 level in dollar terms.
Investors may increase exposure to mid and small-cap stocks as their risk-reward profile is more attractive currently, suggest Nitin Singh and Vinay Joseph.
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