Hundreds of social workers and volunteers are working round the clock, providing essentials to those affected by the unprecedented rainfall
Forex traders said investors are awaiting government intervention to revive the slowing economy. There are expectations that the government would come out with sector-specific stimulus sometime soon.
At the Interbank Foreign Exchange, the rupee opened weak at 71.56 then fell to 71.66 against the US dollar, showing a decline of 23 paise over its previous closing.
Traders said cautious opening in domestic equities, rising crude oil prices and foreign fund outflows weighed on the local unit.
Foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out Rs 305.74 crore on Monday, according to provisional exchange data.
Meanwhile, brent crude futures, the global oil benchmark, rose 0.05 per cent to USD 59.77 per barrel.
Domestic bourses opened on a cautious note on Tuesday with benchmark indices Sensex trading 46.13 points higher at 37,448.62 and Nifty up by 12.55 points at 11,066.45.
The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.03 per cent to 98.31.
The 10-year government bond yield was at 6.61 per cent in morning trade.
Traders said this week the focus will be on the Reserve Bank of India (RBI), Federal Open Market Committee (FOMC) and European Central Bank (ECB) minutes, the annual Jackson Hole Symposium of central bankers and Fed chair Powell's speech, among others.
Hundreds of social workers and volunteers are working round the clock, providing essentials to those affected by the unprecedented rainfall
The floodwaters spared nothing, soaking their furniture, rendering household appliances useless, and destroying the newly-purchased school books
Second-placed Liverpool remain three points behind Arsenal, who have a vastly superior goal difference
The in-form Italian will move to within 330points of World No 1 Djokovic if he wins his fourth trophy of 2024 at the Madrid Open
The King, 88, had undergone gallbladder surgery in 2020
Delhi posted 224-4 courtesy of a 113-run stand between Pant (88) and fellow left-hander Axar Patel, who hit 66
The move is seen as part of Ukraine's efforts to reinforce its army as soldiers struggle to hold positions against Russia
The Jamaican currently holds world records in the 100m, 200m and 4x100m with times of 9.58s, 19.19s and 36.84s respectively