We are expecting that , USDINR start Monday trade with weaker note between 72.95 -73.02 , THE Domestic unit enjoying positive momentum as foreign investors maintain investment there low interest rate fund in Indian equity market as well as greenback maintain southward momentum in Early Asia, with investors continuing to put pressure on the safe-haven asset on the first trading day of 2021. Expectations that U.S. interest rates will remain low and hopes for an eventual global economic recovery from COVID-19 will likely continue to slow the dollar down against other major currencies.
In a standoff between farmers from India's northern breadbasket and the government that has convulsed the country, the farmers have a 21st-century ally: a handful of supporters scattered around the world running a Twitter handle.
Serum Institute of India (SII), the local maker of the AstraZeneca/Oxford coronavirus vaccine, said on Sunday it intends to concentrate on meeting India's own immediate demand in the next two months before exporting to other interested countries.
India has invited initial bids from private firms for a 26% stake in state-owned defence and engineering company BEML Ltd, the government said on Sunday.
India's federal territory of Jammu and Kashmir plans to attract investments worth up to $4 billion in the next two to three years and would provide security to businesses setting up shop in the insurgency-hit region.
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