The fee starts at Rs 90 per crore of traded value for incremental monthly turnover of up to Rs 1,000 crore in the currency futures and it comes down as turnover rises. The new rate is applicable on both active and passive trade.
The 50-share NSE Nifty also dropped by 44.95 points, or 0.45 percent, to 9,933.60 in early trade today.
Stock market regulator Sebi has imposed trade restrictions on 331 firms which are suspected of being "shell companies".
The regulator has asked the exchanges to restrict trading in shares of 331 such companies, some of which have investments by several well-known domestic and foreign investors and the move spooked overall market sentiments on fears about possible action against more such firms.
Investor wealth on Tuesday plunged by Rs 1.43 lakh crore amid sell-off in the stock market where the BSE benchmark index slumped nearly 260 points.
The NSE Nifty dipped below the key 10,000-mark to close 78.55 points, or 0.78 percent down at 9,978.55 after shuttling between 10,083.80 and 9,947.
Non-banking finance companies focusing on vehicle finance, and small finance bank applicants benefited from the high demand for priority sector lending assets.
Benchmark Sensex succumbed to fag-end profit booking to close lower at 32,274 on Monday as investors dialled down on fresh bets due to absence of fresh triggers and muted earnings by some corporates.
The strong inflows have pushed the asset base of equity mutual funds (MFs) by more than 6 percent to Rs 6.3 lakh crore at the end of July from Rs 5.91 lakh crore in the preceding month.
Board of PNB has given its approval for raising equity capital to the tune of Rs 3,000 crore through FPO, QIP or rights issue.
Seven of the top-10 most valued Indian firms together added Rs 40,799.71 crore in market valuation last week, led by RIL that emerged as the biggest gainer
Given the Reserve Bank's "dovish" policy move, banks are expected to cut lending rates by 25 basis points, which in turn is expected to push up credit offtake, says a report.
Stamping its best weekly show this year - the home currency garnered a solid 57 paise against the greenback.
Equities settled almost flat for the week with benchmark Sensex marginally up by 15.53 points at 32,325.41 and the broader Nifty managed to close above 10K mark at 10,066 level, up by 51.90 points.
The Bangalore-based bank has hit the forex debt market after a long gap.
Expressed in US dollar terms, FCAs include effect of appreciation or depreciation of non-US currencies such as the euro, the pound and the yen held in the reserves.
The current rupee rally has been spurred by sustained foreign fund inflows on expectations of more aggressive reform measures that will boost long-term economic growth against the backdrop of improving macro environment.
Compared to energy heavy CPSE ETF, Bharat 22 is a well diversified portfolio with 6 sectors (basic materials, energy, finance, FMCG, industrials & utilities).
The NSEL scam came to light during the previous UPA regime.
On Thursday, weak services sector data and heavy selling pressure in banking and metal stocks dragged the benchmark indices lower.