The currency pared some losses to touch a high of 72.90 per dollar on market speculation that RBI may open special dollar window for oil companies.
"The fall in the rupee led to a sharp rise in government bond yields, due to increasing expectations that the RBI's monetary policy committee (MPC) could go for a bigger rate increase than expected on Friday", V.K. Sharma, Head PCG & Capital Markets Group HDFC Securities.
Tweeting in Hindi, the Times of India reported that he said: "The rupee has crossed the 73 mark and price rise is causing an outcry". The risk to food inflation from spatially and temporally uneven rainfall is also mitigated, as confirmed by the first advance estimates that have placed production of major kharif crops for 2018-19 higher than last year's record.
While a majority of analysts expect a quarter-point raise, some analysts said they would not be surprised if there's a 50 bps increase, given surging oil prices and the rupee's battering.
The Indian rupee slumped to a new all-time low of 74.23 against the USA dollar, weakening from around the 73.65 ahead of the RBI policy statement.
Petrol prices cut by Rs 5 in Maharashtra
The centre levies a total of Rs 19.48 per litre of excise duty on petrol and Rs 15.33 per litre on diesel. Petrol rates increased by Rs 0.15 per litre and diesel rates increased by Rs 0.20 per litre on Thursday.
Windows 10 October 2018 Update Available Today
In years gone by, they'd have been known as Service Packs, but they tend to be slightly smaller in scope and more regular now. The tech giant, Microsoft is now rolling out the new app for all Windows 10 users with the new Windows 10 October update .
Consequently, the reverse repo rate under the LAF remains at 6.25 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.
The central government and mostly BJP-led states announced a cut in excise and Value-Added Tax rates to reduce fuel prices by 5 per litre.
The benchmark Sensex fell 1.68% to 34577.99 points.
DBS economist Radhika Rao also predicted a rate hike. To alleviate cash crunch fears, the RBI has unexpectedly outlined a large bond purchase programme worth Rs 34,000 crore for October on top of Rs 20,000 crore of purchases last month.
Repo rate is the rate at which the RBI lends money to banks and is an important tool for RBI to control inflation.
Johnson said the system will be used to notify USA citizens of certain events of "national significance". Therefore, if you have a smartphone capable of receiving WEA alerts, your phone will receive the alert.
On Sept. 15, a man died at a Cape Cod hospital after police say he was attacked by a shark off a Wellfleet, Massachusetts, beach . The attack occurred around 7am at Beacon's Beach in the Leucadia area of Encinitas, a city north of San Diego.
It is thought that Cardi will be charged for allegedly ordering an attack on two bartenders at a NY strip club called Angels. According to TMZ , Cardi will reportedly be charged for allegedly ordering an attack on two people.
This means that any compatible cellphones that are switched on and within range of an active cell tower should receive the alert. The Integrated Public Alert and Warning System (IPAWS) is created to warn Americans in the event of a national emergency.
Ahead of the weekend's talks, several lawmakers had warned that they would not support a deal without Canada . Manufacturers rely on the cross-border supply chains that have been developed in the past two decades.
Kavanaugh and Ford appeared before the Senate Judiciary Committee last week, where they answered questions about the allegations. Roche also said he believed Deborah Ramirez , another Yale classmate who claimed sexual misconduct against Kavanaugh.
Judge said in a statement he did not remember the incident but FBI agents spoke to him for three hours during their investigation. White House spokesman Raj Shah said the Trump administration was "fully confident" Mr Kavanaugh had the necessary support.
Yes, Kane is still only 25 years old and has time on his side, but he will have his work cut out to get on Messi's level. Had Spurs had a fully fit squad to choose from, they could have nicked a point against Barcelona, or maybe even more.
Manchester City have rotated the centre-backs and tried different players at left-back a fair amount already. He won five and lost none of those meetings (D1), scoring two or more goals on each occasion.
According to a police report obtained by the Times , a 21-year old man accused Kavanaugh of throwing ICE at him. According to the messages, Kavanaugh asked at least one friend to go on the record in his defense.
He told Kavanaugh that he hopes the nominee ends up on the Supreme Court, saying, "that's exactly where you should be". Kavanaugh said he did not question that Ford was assaulted, but said, "I have never done this to her or to anyone".
What we know about Russian 'OPCW plot'
The men then attempted to destroy smartphones and take their garbage with them to not leave behind any DNA evidence. On Wednesday, the Russian leader took a sharper done against the ex-Russian spy, referring to him as a "scumbag".
Key Republicans condemn Trump's mockery of Christine Blasey Ford
Without referencing the senator's name, the Senate Majority Leader lamented how organized far-left protesters recently drove Sen. Democrats and Republicans have erupted at one another during Kavanaugh's confirmation hearings, culminating in Republican Sen.
May reveals death of goddaughter as she unveils cancer plan
The wide-ranging speech was widely seen as Johnson's audition for May's job before the party faithful at their annual gathering. In his letter to Brady, Duddridge said that he is normally a loyalist, and has never voted against the government until now.
Cubs-Brewers Set For National League Tiebreaker
Following batting practice Tuesday night at Wrigley Field, a anxious Joe Maddon offered these words to The Post. Who cares? "We'll be leaning on him hard, we've got to score him some runs so he can settle in".
Amazon to raise minimum wage to $15 for USA employees
The company announced that the minimum wage will be 10.50 pounds an hour in London and 9.50 pounds in other parts of the UK. Workers have been protesting against fast food chains like McDonald's Corp and demanding wage increases since 2012.
3 takeaways from the Dodgers win over the Rockies
The Colorado Rockies' Charlie Blackmon completed a cycle by hitting an RBI double in the bottom of the eighth inning Sunday. Cody Bellinger was 1-for-16 in his career against Rockies starter German Marquez entering his at-bat in the fourth inning.