Rupee Weakness

Mobius said he would also like to look at stocks that have 'orientation' towards the semiconductor industry, as India will eventunally become a lot more competitive in high-end semiconductor chip manufacturing.

Rupee recovers on RBI support after testing new low of 85.81, still falls most in seven months

For the year so far, the Rupee has weakened by 3% against the US dollar, and is set to post annual losses for seventh year in a row.

Rupee hits 80/USD | Things that get expensive when currency weakens | Finance News | Rupee vs Dollar

Rupee has hit the 80 mark against the dollar for the first time ever. The currency has been in a free fall and depreciated for the eighth consecutive session against the backdrop of foreign fund outflows, widening trade and current account deficits. Safe-haven demand for US dollars on rising global recession risks has also contributed to the weakness. The steep fall in the domestic currency will lead to costlier imports and even more expensive overseas education and travel. Watch the video to find out why you should care about a depreciating rupee.

Govt to announce series of steps to stem rupee fall

Government may be considering a series of steps to stem the rupee's fall over the next week. It may issue sovereign bonds. Also, it is looking to raise money from stake sales of state-run companies.

Will see debt funds liquidating; funds moving out: DBS Bank

Arvind Narayanan, head of sales, treasury & markets in DBS Bank says from a sheer risk-reward perspective of investing, the US markets wherein the dollar rates have gone up, look definitely more impressive and more attractive than a rupee investment.

SpiceJet is open to strategic tie-ups, says CEO

Low fare carrier SpiceJet says it has previously had discussion with potential investors and the company will proceed with discussions once the foreign direct investment (FDI)proposal is okayed by the government.