21
Monday
September 2020
6:17 AM IST
News Headlines
Burkina Faso striker Traore leaves Lyon for Aston Villa        AIFF to conduct three-day International Virtual Conference for coaches        Looking to play good brand of cricket to make this season a memorable one: KL Rahul        US stocks fall as market decline extends for third week        No decision to discontinue printing of Rs 2000 note: FinMin        Iran vows 'hit' on all involved in US killing of top general        Russia's Navalny says he's now more than 'technically alive'        Pak uses drone to weapons in J-K's Rajouri; 3 LeT terrorists arrested        Centre rejects study which claims India is world's largest emitter of anthropogenic sulphur dioxide        Garib Kalyan Rojgar Abhiyaan not implemented in Bengal as state did not provide any info: FM        Parliament's monsoon session likely to be curtailed, may end by mid-next week        Kerala reports 4,000 plus fresh COVID-19 cases for second day in row; Toll crosses 500        China flies 18 warplanes near Taiwan during US envoy''s visit        US bans WeChat, TikTok citing national security        IPL 2020: Dhoni''s CSK lock horns with Rohit led MI in opener        US Open champion Osaka out of French Open due to injury        NIA questions Ker Minister Jaleel for over 8 hours; No need for him to resign, says CM        Delhi riots: Police files charge sheet under UAPA against 15 for larger conspiracy        Serum Institute gets DGCA''s nod to resume testing of Covid vaccine again        Russia''s RDIF collaborates with Dr Reddy''s Laboratories for Sputnik V vaccine trials, distribution: CEO        
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Business News
Rupee drops 13 paise to 73.73 against US dollar in early trade
 
Mumbai: The rupee depreciated 13 paise to 73.73 against the US dollar in opening trade on Wednesday tracking muted domestic equities and strengthening American currency.

At the interbank forex market, the rupee opened on a weak note at 73.67, then fell further to 73.73, registering a fall of 13 paise over its last close.

The rupee had settled at 73.60 against the US dollar on Tuesday.

Forex traders said strong dollar, muted domestic equities and sustained foreign fund outflows weighed on investor sentiment. Further, tension at Indo-China border too dampened investor sentiment.

India on Tuesday said Chinese troops attempted to close in on its position in eastern Ladakh a day earlier and fired shots in the air, in a rapid escalation of tensions where firearms were used along the line of actual control (LAC) after 45 years.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.02 per cent to 93.46.

On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 329.26 points lower at 38,036.09 and broader NSE Nifty fell 89.05 points to 11,228.30.

Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 1,056.52 crore on a net basis on Tuesday, according to provisional exchange data.

Brent crude futures, the global oil benchmark, fell 0.45 per cent to USD 39.60 per barrel.


US stocks fall as market decline extends for third week
No decision to discontinue printing of Rs 2000 note: FinMin
More Indians in Singapore returning home due to job losses: Envoy
Trai grants Voda Idea time till Sep 8 to respond to priority plan show-cause notice
PVR defers capex plans to control costs amid COVID-19 disruptions
India's commitment to reform being taken seriously by foreign investors: FM
Air India to resume Mumbai-Aurangabad flights from Sep 15
Paytm FY'20 revenue rises to Rs 3,629 cr, loss narrows by 40 pc
Sensex tanks over 600 pts on global selloff; Nifty below 11,400
Tata Motors shares gain 1 pc after August sales data
India ready to work with FAO to help other nations in tackling locust problem: Agri ministry
GST collection drops for second month in Aug to Rs 86,449 cr
TCS shares decline over 1 pc
Gujarat tops Niti Aayog's Export Preparedness Index 2020
RBI sees demand recovery taking more time, dependent on govt consumption
Singapore govt, monetary authority trim stake in Zee Entertainment
Average salary increment falls to 3.6 pc this fiscal, says survey
Gmail services being restored, expect resolution for all users in near future: Google
Sebi proposes to relax minimum public shareholding norms for firms under insolvency
Sensex jumps over 200 pts in early trade; Nifty tests 11,450
KERALA NEWS
Take steps to attach properties of pvt financial institution; HC to govt
 Kochi: The Kerala High Court on Wednesday directed the state government to take steps to attach the  
Kerala logs single-day highest spike of 3,830 COVID-19 cases
Jaleel has committed no wrong, says Kerala CM
"My hands are clean, not accepted any gift or money" Minister
INTERNATIONAL NEWS
Iran vows 'hit' on all involved in US killing of top general
 Tehran, Sep 19 (AP) The chief of Iran's paramilitary Revolutionary Guard threatened on Saturday to g
Russia's Navalny says he's now more than 'technically alive'
China flies 18 warplanes near Taiwan during US envoy''s visit
US bans WeChat, TikTok citing national security
NATIONAL NEWS
Pak uses drone to weapons in J-K's Rajouri; 3 LeT terrorists arrested
 Jammu, Sep 19 (PTI) Pakistan dropped weapons and some cash in Indian currency using a drone in Jammu
Centre rejects study which claims India is world's largest emitter of anthropogenic sulphur dioxide
Garib Kalyan Rojgar Abhiyaan not implemented in Bengal as state did not provide any info: FM
Delhi riots: Police files charge sheet under UAPA against 15 for larger conspiracy
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