At 9:15 AM, the S&P BSE Sensex is trading at 25,035 up 13 points, while NSE Nifty is trading at 7,667 down mere four points. Asian markets are mixed with Japan's benchmark Nikkei trading 1% higher. China's CSI300 is down half a percent while Hong Kong's Hang Seng, South Korea's Kospi and Taiwan's TWSE are trading higher.
At 9:15 AM, the S&P BSE Sensex is trading at 25,035 up 13 points, while NSE Nifty is trading at 7,667 down mere four points.
The Indian rupee opened higher by 3 paise at 66.50/$ on Tuesday as against the previous close of 66.43/$.Indian rupee traded on a firm note, deriving cues from the weakness in US dollar against the basket of major currencies. The greenback has lost substantial ground particularly against Japanese Yen.
US stock indices edged lower on Monday, as investors remained cautious ahead of the start of the quarterly earnings season. Asian markets are mixed with Japan's benchmark Nikkei trading 1% higher. China's CSI300 is down half a percent while Hong Kong's Hang Seng, South Korea's Kospi and Taiwan's TWSE are trading higher.
The Dow Jones Industrial Average fell 20.55 points, or 0.1%, to close at 17,556.41. Earlier, the blue-chip gauge had been up 155 points. The S&P 500 index shed 5.61 points, or 0.3%, to end at 2,041.99. The Nasdaq Composite Index dropped 17.29 points, or 0.4%, to finish at 4,833.40. Earlier, the tech-heavy index had been up 47 points.
Foreign direct investment in the country surged to $42 bn during April-February in 2015-16, according to RBI data.
In the backdrop of screaming headlines on the ‘Panama Papers’ and some prominent Indian entities and individuals figuring among them, as much as $1.32 billion (about Rs 9,000 crore) was remitted out of India in a perfectly legal way under the RBI’s Liberalised Remittance Scheme (LRS), apex industry body ASSOCHAM stated.
Centre would be launching e-bid portal for procurement of power for short term to help bring down transaction cost and also attract more participants. The portal to be launched on April 12 will be managed by the state run MSTC Ltd.
The Indian rupee opened higher by 3 paise at 66.50/$ on Tuesday as against the previous close of 66.43/$.Indian rupee traded on a firm note, deriving cues from the weakness in US dollar against the basket of major currencies. The greenback has lost substantial ground particularly against Japanese Yen.
US stock indices edged lower on Monday, as investors remained cautious ahead of the start of the quarterly earnings season. Asian markets are mixed with Japan's benchmark Nikkei trading 1% higher. China's CSI300 is down half a percent while Hong Kong's Hang Seng, South Korea's Kospi and Taiwan's TWSE are trading higher.
The Dow Jones Industrial Average fell 20.55 points, or 0.1%, to close at 17,556.41. Earlier, the blue-chip gauge had been up 155 points. The S&P 500 index shed 5.61 points, or 0.3%, to end at 2,041.99. The Nasdaq Composite Index dropped 17.29 points, or 0.4%, to finish at 4,833.40. Earlier, the tech-heavy index had been up 47 points.
Foreign direct investment in the country surged to $42 bn during April-February in 2015-16, according to RBI data.
In the backdrop of screaming headlines on the ‘Panama Papers’ and some prominent Indian entities and individuals figuring among them, as much as $1.32 billion (about Rs 9,000 crore) was remitted out of India in a perfectly legal way under the RBI’s Liberalised Remittance Scheme (LRS), apex industry body ASSOCHAM stated.
Centre would be launching e-bid portal for procurement of power for short term to help bring down transaction cost and also attract more participants. The portal to be launched on April 12 will be managed by the state run MSTC Ltd.
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