May 2 set as deadline to submit EoIs, PSUs kept out
The report stated that industries, such as logistics and jewellery, had seen the biggest increase in usage over the past two years
Volatility continued to grip the markets amid investor concerns over the global coronavirus outbreak
Makes regulatory filings as it seeks to invest in debt, equity or other securities over a 25-month period
Tourism and hospitality, auto and aviation could see a demand crunch amid coronavirus; earnings from rupee depreciation to export-driven sectors such as IT and pharma could be limited
If there is news about the possible containment of the virus, the rupee can strengthen rather sharply
High fiscal deficit and poor export performance are two possible triggers
Large inflows can increase policy challenges
At the interbank foreign exchange market, the rupee opened weak and slipped to the 72-mark
Feb gold goes past 40K on MCX, but spot market remains subdued as consumers shy away from making purchases at high levels
The Indian company makes payment in foreign currency. Accordingly, does liability of payment of GST on RCM arise?
Expect rupee to trade in a range of 71.60-72.40 in the near term
After falling nearly 9 per cent in 2018, the Indian currency has shed another 4 per cent this year to touch a 2019 trough of 72.40 per dollar on Sept 3
The domestic currency on Tuesday dived 31 paise to end at a nearly one-month low of 71.54 due to heavy dollar buying amid fresh concerns over the progress of China-US trade talks.
The domestic unit gave up most of its losses to close down by 3 paise at 71.80 on Thursday.
In the calendar year 2019, Infosys has outperformed the market by surging 22 per cent as compared to a 4 per cent rise in the Sensex and 12 per cent gain in the S&P BSE Information Technology index.
The domestic currency on Tuesday furthered its loss by another 28 paise to close at a new six-month low of 71.71 as economic uncertainties continued to weigh.
Meanwhile, higher crude oil prices also had its impact on rupee's trading pattern
The domestic unit on Wednesday lost 29 paise to close at 71.77 as fears of an impending global recession prompted investors to stick to safe-haven assets.
The rupee closed at 70.73 a dollar, the sharpest fall in percentage terms since September 2013 when the taper tantrum sent EM currencies in a tizzy