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Mumbai: The rupee weakened by nine paise to 61.95 against the dollar in early trade on Monday at the Interbank Foreign Exchange due to high demand for the US currency from importers.

Dealers attributed the domestic currency's fall to increased demand for the American currency from importers and a lower opening in the domestic equity market but the dollar's strength against other currencies overseas, limited the gains.

The rupee had ended steady at 61.86 against the American currency in the previous session on Friday due to mild selling of dollars by banks and exporters.

New Delhi, Feb.

Jaipur - Padam Vibhushan and tragedy king of Bollywood Dilip Kumar was Sunday conferred 'Lifetime Achievement Award' for his contribution to Indian cinema.

Actor Anumpam Kher received the award carrying a citation, shawl and srifal (coconut) by the Jaipur International Film Festival (JIFF) organising team, led by its founder chairman Honu Roz, at the inaugural ceremony at Golcha theatre here.

In her video message, wife of Dadasahab Phalke Awardee and actress of yesteryears cinema, Saira Bano said, "Dilip sahib will be very happy and feel to be honoured by with this award.

Mumbai: The country's largest lender, SBI has said that public sector banks should be given an opportunity to tap the best talent from premier institutes like IITs and IIMs.

"The public money goes into formation of the institutions like IITs and IIMs. From all of these good institutions, which nurture the best talents of the country, the public sector banks are barred from recruitment," SBI chairperson Arundhati Bhattacharya said at a recent event.

She said currently the Supreme Court does not allow state-run banks to go for campus recruitment to these premier institutions as every vacancy has to be advertised so that everyone should be able to participate in it.

New Delhi: As a prolonged Sebi-Sahara battle continues, the regulator has revised lower the expenditure it intends to recover from the business group to Rs 25.88 crore in the current fiscal towards money spent on identifying the investors and making refunds.

As per the court orders, Saharas were asked to bear the costs incurred by Sebi in identifying the investors and repayment of refunds to them, which has been an uphill task for the capital markets watchdog.

New Delhi: Irked by the government's 10 percent stake sale in Coal India Ltd (CIL), trade unions have warned of a 'non-cooperation drive' to protest against the disinvestment and other issues.

A decision in this regard would be taken by the central trade unions of coal industry during a meeting expected to be called in a couple of days, a senior union leader said.

"We may launch a non-cooperation drive later to protest against CIL disinvestment," INTUC-affiliate Indian National Mine Workers' Federation (INMF) Secretary General S Q Zama told PTI. He, however, did not divulge further details.