Forex dealers said besides fresh demand from importers for the American unit, a lower opening in the domestic equity market as well as decline in industrial production growth to 4-month low of 0.5 per cent in July, put pressure on the rupee.
While consumers have enjoyed lower fuel prices, producers have cut spending and thousands of jobs
Spot gold was up 0.6 percent at $1,103.60 an ounce by 0318 GMT, after an early low of $1,096.65.
The HSBC/Markit Purchasing Managers Index for the services industry fell to 46.7 in December from 47.2 in November, registering the sixth consecutive monthly drop in output levels, the longest period of continuous reduction since the 2008/2009 global financial crisis.
In the 30-share Sensex constituents, 16 ended lower and 14 gained, helping the benchmark indices trim losses.
Pakistan has taken too much of a chance with Pulwama - with the wrong government in India, and at the wrong time.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
Food prices probably fueled a sharp rise in India's retail inflation in December after the record low struck the previous month.
Broader market outperformed the headline indices with BSE Midcap and Smallcap finishing the day 1.22%, and 1.54% higher, respectively
'Modi's health scheme has changed the national conversation. For that reason it must be supported.'
Leader of Opposition Ghulam Nabi Azad attacked the government for creating fear, alleging that it was just renaming the earlier policies without delivering their benefits to the poor and the needy.
Table-toppers Chennai Super Kings coach Stephen Fleming believes his team's final league match against bottom placed Kings XI Punjab in the Indian Premier League on Saturday as a 'dangerous game'.
Kings XI Punjab captain George Bailey said swashbuckling all-rounder Glenn Maxwell has disappointed himself in the ongoing Indian Premier League.
It also provides that no preliminary enquiry will be required for registering a criminal case and an arrest under this law would not be subject to any approval.
Infosys, HCL might fare marginally better than TCS.
The rupee closed at 59.90 in Wednesday's trade, gaining just one paisa from its previous close.
Gold buyers in Asia were in no hurry, anticipating the market to weaken further, with premiums in India and Hong Kong picking up only modestly this week
Nathan Lyon revealed that he has been analysing ace off-spinner Ravichandran Ashwin to improve his own bowling.
Extending its losing streak for the fourth straight day, the rupee weakened by five paise to 61.01 against the US dollar in early trade today at the Interbank Foreign Exchange market on high demand for the American currency from importers.
According to the Employment Outlook Survey released on Tuesday by workforce solutions major ManpowerGroup, 41 per cent of the surveyed Indian employers are expected to add on to their staff levels in second-quarter of this calender year.
For all those who are likely to get a game, there will be just one target -- to make most of their chances as some of them might not get too many with just about 16 months left for the 50-overs World Cup.
According to bankers and economists, there is room for further rate cut by the RBI as retail and wholesale inflation rates have remained benign.
The latest forecast, given by Earth Sciences Minister Jitendra Singh, was a downward revision from a previous forecast of 93 per cent given at the outset of the monsoon in June, but was nowhere near as bad some farmers had feared.
The court held that the states were not required to 'collect quantifiable data' reflecting the backwardness among these communities.
The RBI has targeted 6 percent inflation by January 2016
Citizens won't have faith in Digital India if their hard-earned money is looted by cyber criminals and cyber fraudsters from banks.
We spent almost a month with the OnePlus X and here's what we found out
Didier Deschamps has let his hair go grey naturally since the last time he picked up a European title 16 years ago. The diminutive Deschamps was never a spectacular player -- a la Zinedine Zidane -- and certainly does not belong to the Jose Mourinho school of coaching with sensational sound bites. But the unglamorous Frenchman with the twangy voice has been instrumental in taking the host nation through to Sunday's Euro 2016 final against Portugal.
Chinese stocks plummeted 9 per cent on Monday
ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.
Messi opened the scoring after two minutes and eight seconds, the quickest goal of his career, slipping the ball through Thibaut Courtois' legs from a tight angle.
According to political analysts, Mayawati's social engineering to unite the lower castes with the upper ones seems to have backfired.
HSBC's purchasing managers' index was released on Tuesday.
Investors indulged in profit booking at attractive and higher valuations
Their World Cup build-up halted by West Indies team's sudden mid-series pullout, India would resume the preparations for the mega-event when they square off against under-cooked sub-continental rivals Sri Lanka in a hastily-arranged ODI series starting in Cuttack on Sunday.
According to the Manpower Employment Outlook Survey released today by ManpowerGroup, the hiring pace for the upcoming quarter has rebound from both, last quarter and a year ago at this time.
Growth has slowed in some of the large emerging economies, its interim economic assessment report added. "One factor has been a rise in global bond yields -- triggered in part by an expected scaling back of the US Federal Reserve's quantitative easing -- which has fuelled market instability and capital outflows in a number of major emerging economies, such as India and Indonesia.
It is almost puzzling to see more old men and women hang around long enough for people to begin wondering 'why not retire?'
'Her tussle is a different ballgame from what it was when Farooq Abdullah and Rajiv Gandhi were the main players at the two ends of the power game.' 'The shadow of the party in power in New Delhi over J&K affairs in 1987 was not as menacing as it is in 2018,' points out Mohammad Sayeed Malik, the doyen of Kashmir commentators.
With the presidential elections over, the time has come for Prime Minister Modi to show Tamil Nadu that the state's interests are safe under him, says R Rajagopalan.
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