The currency gained 20 paise to 44.27 against the US currency in the opening trade on Monday, on the back of fresh capital inflows by foreign funds.
Car sales continued to race ahead in September, as Indian auto makers posted double-digit growth for the fourth month in a row, on the back of buoyant demand. Numbers are expected to spurt further.
PNB become the first bank to raise the base rate by 0.5 per cent to 8.5 per cent, after the introduction of the base rates system of lending rates in July 2010.
The multi-thousand-crore-rupees accounting fraud at the erstwhile Satyam Computer Services Ltd by its ex- chairman B. Ramalinga Raju dated back to 2002, much further back than earlier thought.
Sustained capital inflows into equities, coupled with dollar's losses against other currencies, helped build a strong rupee sentiment. The Indian currency touched 44.77.
Sustained capital inflows in equities, coupled with a firm market trend, helped the 30-share benchmark touch a fresh 32-month high of 20,445.04. Nifty closed at 6,143.40.
Food inflation increased to 16.44 per cent in the week ended September 18 as the cost of cereals, fruits, select vegetables and milk rose on account of supply disruptions.
According to the research study, the combined net worth of India's 100 richest people rose to $300 billion this year, from $276 billion last year, driven by a booming economy.
Mahindra Satyam's much awaited restated audited financial results for FY 2009 and FY 2010 have hardly enthused analysts, many of whom feel while the top line numbers are on expected lines. They say it still has a long way to go.
The 30-share BSE benchmark, which had dipped below the 32-month high of 20,000 in the previous session, ended at 20,069.12, up 112.78 points.