The stronger dollar also put commodities under pressure across the board, with copper hitting a 12-month low and gold at an 18-month low. Oil futures also lost ground.
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The speech on India’s 72nd Independence Day was a reaffirmation of the track record of the government as it readies for general elections next year.
Prime Minister Narendra Modi today unfurled the tricolour to celebrate India’s 72nd Independence Day and addressed the nation from the Red Fort in the capital.
Prime Minister Narendra Modi on Wednesday said a major healthcare initiative to give medical insurance cover to 50 crore Indians will roll out from September 25 - the 102nd birth anniversary of Bharatiya Jana Sangh founder Deendayal Upadhyay.
Indians today across the globe are feeling proud as the country has become the sixth largest economy in the world, he said.While decisions have been held back in the past due political and other compulsions, bold decisions like the GST are being taken now, he said.
After delivering his shortest Independence Day speech last year, Prime Minister Narendra Modi resumed his trend of delivering long speeches and spoke for over 80 minutes while addressing the nation from the ramparts of the historic Red Fort.
Breaking his silence over the brutal cases of rapes in various parts of the country, Prime Minister Narendra Modi on Wednesday said the narrow mentality towards women has to end and justice must prevail.
Prime Minister Narendra Modi on Wednesday said efforts made by his government have brought the people of northeast India closer to Delhi.