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The rupee reversed all its early gains and settled 17 paise down at 71.00 against the US currency on December 16, following rising crude oil prices and fag-end selling in domestic equities. Forex traders said the rupee ended the day in the negative territory after inflows related to Essar steel got completed.At the interbank foreign exchange market, the rupee had opened at 70.80 against the US dollar. Later, the local unit lost ground and fell to the day's low of 71.03.The domestic unit finally settled at 71.00, registering 17 paise decline over the previous closing. On Friday, the rupee had settled at 70.83 against the American currency.Close "Indian rupee declined after strengthening to the highest level since September as inflows related to Essar steel completed. Rupee should weaken from here on expectation of hedging dollar demand from importers. related news Nitin Gadkari approves changes in Interest Subvention Scheme for MSMEs Here’s how your insurance policy … [Read more...] about Rupee settles 17 paise down at 71 vs US dollar

This year’s holiday shopping season was the shortest since 2013, with six fewer days to prepare than the average season. So whether you were ready with your shopping list, Cyber Monday codes, and gift wrapping right after the turkey was put away, or you’re more of a procrastinator, you might be feeling crunched time. Thankfully, it’s not too late to get gifts for those people still on your list—many companies will ship right up until this weekend. advertisement advertisement To make things easier, we rounded up all the brands that have shipping deadlines that ensure your gifts can still make it to your home by December 25. WalmartShipping deadline: December 20 by 2 p.m. for two-day Instant Pot cooker ($79), the Heng Balance Lamp (a Reddot Award winning design) ($50), a practical Dyson Cordless Vacuum ($169), or lux fragrances like Burberry Brit ($38.79). Best BuyShipping deadline: December 20 by 10:30 a.m. HP Sprocket 2nd Edition Instant … [Read more...] about We’ve got the scoop on last-minute shipping deadlines