The Indian rupee gained 74 paise to Rs. 52.90 per U.S. dollar in opening trade on Friday after the Reserve Bank of India imposed restrictions on forward trading to check the slide of the domestic currency, which had tumbled to a record low of Rs. 54.30 per dollar on Thursday. Dealers said the sharp recovery of the rupee was due to restrictions imposed by the RBI on forward trading in the local currency by FIIs and traders, besides the cap fixed on banks’ exposure to the forex market. In addition, a higher opening in the equity market ahead of the RBI’s credit policy review later in the day and gains registered by other currencies against the U.S. dollar supported the rupee’s rise. The rupee had gained 7 paise to close at Rs. 53.64/65 per dollar on Thursday after witnessing a record low of Rs. 54.30 during the volatile session. Meanwhile, the BSE benchmark Sensex shot up by 107.56 points, or 0.68 per cent, to 15,944.03 in opening trade on Friday. Keywords: Indian Rupee, U.S. Dollar, Forex market, rupee value
Prime Minister's Office today accepted the
ministry of home affairs' recommendation of broadening the Bharat Ratna
norms and Excellence in all fields of human endeavour is the new
eligibility norm.
Home minister P Chidambaram had backed the demand to broad-base the criteria for the award
after sports minister Ajay Maken requested the home
ministry for the inclusion of sports as a special category for awarding
Bharat Ratna, the nation's highest civilian award.
Sports heroes Sachin Tendulkar and Dhyan Chand are now eligible for the award.Maharashtra recommends Bharat Ratna for Tendulkar The home ministry is the administrative ministry for the coveted award that is conferred on the recommendation of the Prime Minister. It was initially restricted for exceptional service towards advancement of Art, Literature and Science, and in recognition of public service of the highest order.
Maken's communication to the home ministry to seek inclusion of sports came in the backdrop of a clamour for bestowing Tendulkar with the coveted award following India's World Cup triumph.
Pandit Bhimsen Gururaj Joshi - who died earlier this year - is the last person to have been conferred the Bharat Ratna in 2009. It has been bestowed on 40 other personalities, 11 of them posthumously.
Home minister P Chidambaram had backed the demand to broad-base the criteria for the award
Sports heroes Sachin Tendulkar and Dhyan Chand are now eligible for the award.Maharashtra recommends Bharat Ratna for Tendulkar The home ministry is the administrative ministry for the coveted award that is conferred on the recommendation of the Prime Minister. It was initially restricted for exceptional service towards advancement of Art, Literature and Science, and in recognition of public service of the highest order.
Maken's communication to the home ministry to seek inclusion of sports came in the backdrop of a clamour for bestowing Tendulkar with the coveted award following India's World Cup triumph.
Pandit Bhimsen Gururaj Joshi - who died earlier this year - is the last person to have been conferred the Bharat Ratna in 2009. It has been bestowed on 40 other personalities, 11 of them posthumously.
Comments
Post a Comment