Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
The domestic currency has gained by four paise or 0.06 per cent in two days.
The rupee had dropped 15 paise or 0.22 per cent yesterday.
Sharp fall in domestic stock market also affected the rupee sentiment.
Pakistan Army on Friday said it has arrested nearly 100 terrorists and foiled an imminent jailbreak attempt to free top Al Qaeda leader Ahmed Omar Saeed Sheikh, sentenced to death for the murder of Wall Street Journal correspondent Daniel Pearl in 2002.
Total holdings of the top eight gold ETFs have risen by 3.8 million ounces so far this year
Gold has risen sharply due to rising risk aversion
Gold prices staged a smart rebound to surpass the psychologically important Rs 28,000 milestone.
The domestic currency has gained 9 paise or 0.13 per cent in two days.
The dollar's weakness against some currencies overseas limited the rupee's fall.
'The Chinese mindset and approach to India is far different from that in Pakistan.' 'This reality makes it possible for us to follow an engagement policy with one, while militating against engagement with the other.'
The rupee slipped from its initial gains by 5 paise against the US currency to 67.89 in late morning deals on bouts of dollar demand from importers.
India's capital market regulator on outlined a series of steps, including allowing short selling of equities by institutional investors, bringing mutual fund intermediaries under its purview.
Both countries have been working on administrative assistance.
The rupee had hit a record low of 68.85 in August 2013.
The rupee has dropped by 83 paise or 1.24 per cent in three days
It moved in a range of 66.9250 and 66.70 per dollar during the day
Here's how NRIs can protect their overseas earnings from exchange rate risk.
You should rather use nicknames, incorrect date of birth and if possible make a separate e-mail address for such apps and services. You should also not share your phone number
The 39-second video of Singh, a California resident, has been viewed over 83,000 times since it was posted on YouTube on December 9.
On Friday night, Taliban attackers detonated a car bomb outside the guesthouse and stormed the building, and then exchanged fire with security forces, officials said.
Obama also renewed his call to for tightening gun control measures.
They may well be, but investments in euro-denominated bonds will give higher safe returns, says Martin Feldstein.
US President Barack Obama on Thursday did not rule out the possibility that the California shooting that killed 14 people was a terrorist act.
Seeking to defuse tension and promote harmony and cultural exchanges, the local administration in association with Sharda University recently hosted a football match between two teams, having members from both Indian and African students.
Bank shares were the top losers along with index heavyweight RIL
In eight cases, the banks would violate the minimum public shareholding norms if their promoter, the Government of India, infused capital as announced.
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
'LinkedIn is supposed to be this super-connected social media network for professionals that I reluctantly joined at the persistence of a former colleague appalled at my lack of self-promotion.' 'Well, I'm out there and I don't know who knows me, but I do know that LinkedIn's algorithm definitely doesn't,' says Kanika Datta.
Hrishi Satawane, who found love in Vinh from Vietnam, says "Society is more open minded than you think."
According to Subbarao, the pressure on the currency was inevitable.
There was fresh selling of the American currency by banks and exporters
India's oldest stock exchange has created weekly, monthly, quarterly and annual price bands
Within Sebi, the chairman should hold an umbrella for both young and old employees, says Somasekhar Sundaresan.
The Securities and Exchange Board of India on Tuesday asserted that the Indian financial markets were safe for investing and there was no payment crisis on the bourses.
Sterling fell to a 31-year low against the dollar on Monday as a sell-off stemming from Britain's decision to quit the European Union gathered pace, with the euro also pressured as Brexit clouded the future of the rest of the bloc.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
Why does any talk about reproduction, or condoms, or sanitary napkins make us so uncomfortable, wonders Divya Nair.
The trading range for the Spot USD/INR pair is expected to be within 66.20 to 67.00.
After the fiasco in March this year over the share sale in Oil and Natural Gas Corporation ( ONGC ), the government has softened its stand over the pricing.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances