There is high demand for the US currency from importers
In worldwide trade, the US dollar continued its highly bullish trend against all major emerging market currencies
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
In New York, the US currency fell against the Australian dollar and British pound on Monday as investors continued to weigh the potential weather drag on recent economic data, and whether or not it could sway monetary policy.
The GDP always has a base year, which defines the composition of the economy in that year. As the composition changes, the base year needs to be revised regularly. Abhishek Waghmare explains how that is done.
'The economy is suffering (perhaps 'enjoying' is a better word) the lowest credit demand in decades; banks are struggling with stressed loans equivalent to near 10 per cent of GDP,' points out Devangshu Datta.
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Some analysts believe that markets are expected to remain unclear and would have to wait until tomorrow's US non-farm payrolls data.
Vanita Kohli-Khandekar analyses why the rising tide of conservatism will not help India's ambition to have a world-class media industry.
The fact that the US recovery needs an elaborate defence suggests that things are far from certain.
The Brics line-up has yielded to a shaky China-India story, with new question marks over China even as India remains a "B+" performer, says T N Ninan.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
India this year will emerge as the world's seventh largest economy, up from the 12 th position in 2008.
Indian IT giants are outstanding companies with great management teams, but they have been held hostage by their past success.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
Qatar is the world's richest country in terms of per capita income.
The combination of sanctions, and low fuel prices is really hurting the Putin regime.
Deal to bolster firm's position in healthcare IT.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Money will flow to Europe, Japan - and the emerging markets, including India.
History would indicate that a recession is not that far off.
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