Dollar's strength against some currencies overseas and firming crude oil prices also put pressure on the rupee, dealers said.
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
Forex dealers said besides robust month-end demand for the American currency from oil importers, dollar's strength against its rival currencies on expectations of rising interest rates amid lingering Sino-US trade tensions, weighed on the domestic currency.
Now they are reinventing their strategies to stay afloat, as they see no sign of recovery for at least six months.
'This way, you'll maintain our glorious traditional values and get more efficient governance as well.'
Forex traders said a stronger dollar also dragged the rupee down.
One of India's greatest actors -- someone who acted in 14 Satyajit Ray films -- doesn't get good movie roles anymore.
While the judiciary remains our most trusted institution, it should debate its internal health, argues Shekhar Gupta.
Brokerage Edelweiss Securities said if the NDA returns to power with a clear majority in line with exit polls, markets would rejoice the policy continuity.
The polls are being viewed as a run-up to the general elections scheduled for May 2019 and will test the popularity of the government and its policies amid rising crude oil prices
The 50-component Nifty closed at 10,214.75, a solid gain of 96.70 points, or 0.96 per cent
The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.
Many defaults banks have been seen pertain to sectors like steel, infrastructure and power.
The Sensex gained 7,430.37 points, or 27.91 per cent, this year.
A heartwarming tale of how they used their time to beautify the schools where they are quarantined.
Fed up with the treatment at the Nagpur central jail, his advocate has decided he will no longer deliver anything for Professor Saibaba, leaving it to the jail authorities to fulfill their legal responsibility to look after the professor.
Why top executives are trading cushy jobs for start-ups
Many leaders who appealed to Gandhi to stay argued that their political futures depended on his presence in the party and hence he must stay.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Sindhis are a lesson in perseverance. Once uprooted, they've started all over, often reinventing themselves
Drop in the number of schemes is less than 3%, despite merger of 38 schemes between Sept 2017 and May this year
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.
Feroze Azeez, deputy chief executive officer of Anand Rathi Private Wealth Management, appeared on Rediff Chat to answer readers' queries on GST.
At places in the border districts of Barmer and Jaisalmer, people walked miles through the desert to cast their votes.
While there has been an improvement in the overall demand environment, the other reason expected to trigger this growth is the absence of a bench strength in most companies
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
The BSE Midcap also cut all its intraday gains to shed 0.3% at close
Mulmul was the fabric of choice for these designers who showcased their collection as part of the specially curated show by Harper's Bazaar.
Mulmul was the fabric of choice for these designers who showcased their collection as part of the specially curated show by Harper's Bazaar.
'With the top court's judgment declaring the Right to Privacy a Fundamental Right, the powers under the provision need to be looked afresh.' 'To utilise such sweeping powers in the right manner will also be a challenge.'
On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Few angels have seen exits; till that happens, they won't be rushing to invest again.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Indian farmers practise an agro-silvo-pastoral system and that livestock is a crucial part of their economy. Taking away the meat would demonetise their assets. It would kill their income, says Sunita Narain.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
