Business

Around 67 per cent respondents see the rupee to be at or below 60 for FY'15.

Higher energy costs are likely to curb growth in oil-importing economies.

The local currency also posted its third successive weekly drop as it slipped by 60 paise since June 6.

Today's numbers will bring fresh cheer to the market which has been rallying in hope of an economic turnaround.

The notice of work suspension was slapped on the gate with an old rusty lock confirming his worst fears.

India currently bans global online retailers from selling goods directly to customers.

At the Interbank Foreign Exchange (Forex) market, the local currency commenced slightly lower at 59.17 a dollar from last close of 59.15.

Idea Cellular has hiked the monthly rentals of its post-paid customers by Rs 50 from June.

The RBI will also be reviewing its monetary policy on Tuesday which will be its first exercise after the installation of the new union government.

Shahid Usman Balwa had earlier sought permission to withdraw answers given by him earlier to the court in the 2G scam case trial.

Infosys has been seeing a string of exits since Narayana Murthy returned for a second innings in the company.

In the previous three days, the rupee had fallen 57 paise or nearly one per cent on equity-linked capital outflows.

This is the second time that the Amway India CEO has been taken into custody.

The NSE Nifty reclaimed the 7,400-level by spurting 90.35 points, or 1.22 per cent, to trade at 7,457.45.

Marks & Spencer operates in India in a joint venture with Reliance Retail, a unit of billionaire Mukesh Ambani's Reliance Industries.

The retail inflation, measured on consumer price index (CPI), was 8.31 per cent in March.