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The Indian rupee is trading near day's low level at 71.40 per dollar, with selling seen in the domestic equity market.It opened at 71.26 per dollar versus previous close 71.29.On December 5, the rupee ended 24 paise higher at 71.29 to the US dollar after maintained repo rate with accommodative stance in its monetary policy.Close The Sensex was down 351.11 points or 0.86% at 40,428.48, and the was Nifty down 102.40 points or 0.85% at 11,916. related news Rupee rebounds 24 paise as RBI maintains accommodative stance Rupee at day's high at 71.40 per dollar Indian rupee on slippery slope for a year at least: Poll "RBI has downgraded the FY20 growth targets. Market was expecting a cut of 25bps. This had a negative impact on rupee, and USD/INR rallied after the policy decision. We expect prices to rally towards 71.85 and then 72 amid global trade unrest," said Rahul Gupta, Head of Research-Currency Emkay Global Financial Services.The dollar nursed a week of losses on Friday, … [Read more...] about Rupee near day’s low, trades at 71.40 per dollar

The Indian rupee is trading at day's high level at 71.40 per dollar after Reserve Bank of India (RBI) kept the repo rate unchanged at 5.15 percent and continue with its accommodative stance.It opened marginally higher at 71.48 per dollar versus previous close 71.53.On December 4, the rupee ended 13 paise higher at 71.53 against US dollar on renewed hopes about US-China trade deal.Close "Unexpectedly RBI held interest rates unchanged at 5.15 percent and maintained the policy stance to accommodative. This means we cannot completely rule out rate cut expectations going ahead," said Rahul Gupta, Head of Research-Currency Emkay Global Financial Services. related news Rupee rebounds 24 paise as RBI maintains accommodative stance Indian rupee on slippery slope for a year at least: Poll "It has downgraded the FY20 growth targets. Market was expecting a cut of 25bps. This had a negative impact on rupee, and USD/INR rallied after the policy … [Read more...] about Rupee at day’s high at 71.40 per dollar

Just as the Donald Trump administration turned one, the US government was plunged into a historic shutdown – the third in a quarter of a century – after Democrats stalled a spending bill in order to oppose the government’s decision to rescind the Obama-era DACA policy.The DACA protects undocumented immigrants who came to the US as children. But by forcing a US government shutdown, the Democratic Party just doubled down on a bet it has lost badly recently -- that it is willing to stare down Trump on the cornerstone subject of his politics, race. Even at the risk of angering traditional white, “the real”, Americans. The US President, of course, did not waste any time rubbing this in.Not looking good for our great Military or Safety & Security on the very dangerous Southern Border. Dems want a Shutdown in order to help diminish the great success of the Tax Cuts, and what they are doing for our booming economy.— Donald J. Trump (@realDonaldTrump) … [Read more...] about Year one in office: Donald Trump rides economic boom, xenophia wave

Many people take the New Year as an opportunity to start fresh in a new job. The good news is that there will be plenty of openings to suit a wide range of seekers as CareerBuilder reports that over 100 occupations in the U.S. have more job posting activity than hiring month to month and a recent report from career site Dice finds a record 78% of hiring managers anticipate more hiring in the first half of 2016 compared to the second half of 2015. advertisement advertisement For those looking to hire, Dice found that companies are taking a greater interest in candidates with less experience. More than a quarter (27%) of hiring managers said they plan to hire entry-level candidates and 62% said they’re looking for those with two to five years’ experience. Finding and applying for those open positions may be taking on a different look in 2016. For example, the Boston Consulting Group and Recruit Works Institute surveyed 13,000 individuals from 13 countries and found … [Read more...] about How You’ll Search For A Job In 2016

Less than a month after the Supreme Court's contentious verdict in the land dispute case. The 27th anniversary on Friday of the Babri Masjid's demolition in Ayodhya is likely to be a low key affair with both Hindu and Muslim religious leaders downplaying the occasion and tight security measures being in place.The 27th anniversary on Friday of the Babri Masjid's demolition in Ayodhya is likely to be a low key affair with both Hindu and Muslim religious leaders downplaying the occasion and tight security measures being in place.In the early hours of the day, life went on as normal in different parts of the city with school children and morning walkers taking to the streets and shops and businesses opening at their usual time.Close While right-wing Hindu organisations in the past 'celebrated' the day when a mob had pulled down the mosque on the disputed site in 1992, this year the Vishwa Hindu Parishad (VHP) has decided against observing 'Shaurya Diwas'. related news … [Read more...] about Babri anniversary: Ayodhya remains calm; tight security measures in place