Mumbai

Forex traders said the rise of Indian rupee's value largely due to expectations of more stimulus measures from central banks to support their respective economies reeling under the coronavirus pandemic.

In a series of tweets, Deshmukh said the code of conduct of not revealing the name of any coronavirus-infected patient was violated in the process. He, however, did not name the news channel concerned.

Forex traders said a firm US dollar index weighed on the local unit. Besides, investor sentiment remain fragile amid concerns over the impact of coronavirus outbreak on the domestic as well as global economy.

Senior BJP leader Devendra Fadnavis blamed the Shiv Sena-led state government for hundreds of migrant workers gathering outside Bandra railway station here by defying the coronavirus lockdown norms.

Forex traders said the rupee traded in a narrow range as gains in domestic equities supported the local unit amid lingering concerns over coronavirus outbreak in the country.

The government came out with a slew of relaxation in tax and payment compliances by reducing the quantum of penalties, extending the deadline to make clear the dues among others to help the public and corporates.

Nitin Raut said the Modi government was ending reservations by privatising public sector undertakings (PSUs) which have quotas in jobs.

The indicator in the Economic Survey 2019-20 stated that industries in the state in fiscal 2015-16 had a total number of 19.70 lakh employees.