Continuing its intermittent fall against the US dollar, the Indian rupee dived to another all-time low of 72.98 on Tuesday. The currency has lost over 13 per cent in value against the greenback since the beginning of the year.

Despite steps such as withdrawing withholding tax on Masala bonds, allow some breathing space to foreign portfolio investors, and check non-essential imports and promote exports in order to arrest the decline in rupee, the local currency fell over 50 paise below the 72 level per dollar mark in trade today.

Lessons from the failure of some of India's biggest business names.

On Saturday, the government announced steps to check non-essential imports and promote exports in order to arrest the decline in rupee, check the widening current account deficit and relaxing norms for raising overseas borrowing.

Finance Minister Arun Jaitley said that external factors like policies adopted by the United States, trade tensions and skyrocketing crude oil prices are impacting economies like India, despite \"strong fundamentals\".

The founder of the company, Baba Ramdev, is targeting sales to the tune of Rs 1,000 crore by 2020, and daily sales would be around 10 lakh litres.

Mazagon Dock Shipbuilders, India's only shipyard to build both destroyer warships and conventional submarines for the Navy, is fully geared to meet the competition from the private sector, claim officials.

The decision comes right ahead of the festive season in India when buyers show interest in consumer durables.

Today, the market extended losses with the Sensex closing 509 points or 1.34% lower at 37,413. Nifty too fell 150 points or 1.32% to 11,287 level. The Sensex has lost nearly 1,000 points in the last two sessions in a rout triggered by the worsening trade data. The Nifty too has lost 300 points in the same period.

The RCN has been issued on the request of the ED to the Interpol, as the ED seeks to interrogate her on the alleged charges of 'money laundering'.

While the sharp decline in rupee's value has unnerved importers, it has also brought cheer to many Indians who stand to gain from its slide.

The Trump administration believes that there are a lot of US food and agricultural exports that are facing unfair trade barriers. It wants the Indian market to be reopened to US poultry and be opened for pork.

Ira Kalish, Chief Global Economist, Deloitte, Touche Tohmatsu, talks to Prosenjit Datta, Rajeev Dubey and Joe C. Mathew on how India can do well in spite of trade wars, oil, the state of the global economy and the future of global trade.

A closer look at the details of the GDP estimates shows that some worries remain and whether the 8 per cent plus can be maintained and bettered in the next several quarters will depend both on external factors as well as how well the government can manage its finances.

A weaker rupee has resulted in rise in import bills, costlier foreign education and travel. The biggest impact is on petrol and diesel prices which have witnessed steady increase throughout the year. Petrol and diesel have risen by 13.99 per cent and 23.04 per cent respectively since August 24 last year.

The investigation notes at least 4 instances of round-tripping of diamonds to give the impression of high sales worth $213 million between Modi's entities and his shell companies.

Reports say that both JSW and Tata look to submit bids for Usha Martin's 1 MT steel unit.

Indian rupee today dived to a new all-time low of 70.52 against the US dollar. The fall in its value comes on the back of strong US consumer confidence data.

The Sensex has gained over 14% since the beginning of this year. The Nifty ,too, has not been far behind. The index is up 11.50% since the beginning of 2018.

While the ongoing trade war between the US and China has sent alarm bells ringing, India can end up as a major beneficiary if it play its cards right.