The rupee surged 12 paise to 72.87 against the US dollar in opening trade on Monday following weakness in the greenback overseas and a positive trend in the domestic equities.
Three passengers were arrested by Customs officials at the Chennai International Airport with 2.32 lakh US dollars worth Rs 1.64 crore, a statement issued on Tuesday said.
India is one of the major economies contributing to the world services export industry. The services sector contributes to about 55 per cent in India's gross domestic product.
The rupee opened weak at 69.41 at the interbank forex market and then fell further to 69.45, down 19 paise over its last close. The rupee had settled at 69.26 against the US dollar Tuesday.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day, Xinhua news agency reported.
San Francisco: An Indian-origin scientist with the University of California at Berkeley was involved in growing a viable, pulsating heart on a microchip to improve drug screening.It is the latest human organ, after a lung,
New York, Sept 23: The RBI today said its intervention in the forex market, if any, would be limited to curbing volatility, but as of now, the situation does not call for any action even
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