We are expecting that USDINR likely to commence trading with marginally firm note as greenback was trying to keep a rare rally together on Monday as its longest losing streak in a decade left much of the market structurally short of the currency and vulnerable to a squeeze on any upbeat news.
India will stop importing 101 items of military equipment in an effort to boost domestic defence production, defence minister Rajnath Singh said on Sunday.
At least 10 people died when a huge fire broke out at a COVID-19 treatment and quarantine centre in the southeastern Indian city of Vijaywada early on Sunday, officials said.
India's plan to regulate "non-personal" data has jolted U.S. tech giants Amazon, Facebook and Google, and a group representing them is preparing to push back against the proposals, according to sources and a letter seen by Reuters.
INTRADAY RANGE - 74.77 ( 74.91- 75.05 ) 75.19
GLOBAL HIGHLIGHTS
Asian shares started cautiously on Monday as investors kept one eye on flaring tensions between the United States and China and another eye on U.S. fiscal stimulus after talks between the White House and Democrat lawmakers broke down.
China's factory deflation slows in July as recovery gains strength.
Fed's Evans says another coronavirus aid package 'incredibly important' - interview.
Oil prices back on the rise on U.S. stimulus hopes, Iraq output cut.
IMF willing to redouble Lebanon efforts, subject to reform commitment.
UK urges Hong Kong government to reinstate candidates, hold elections.
Hong Kong media tycoon Jimmy Lai arrested under national security law - top aide.
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