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Rupee trades lower at 69.74 per dollar

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Rupee trades lower at 69.74 per dollar The Indian rupee is trading lower at 69.74 per dollar versus previous close 69.67. On Monday the rupee ended 32 paise lower at 69.67 against the US dollar on the back of surge in crude oil prices. The dollar-rupee April contract on the NSE was at 69.71 in the previous session. April contract open interest increased 7.23% in the previous session, said ICICIdirect. We expect the USD-INR to meet supply pressure at higher levels. Utilise the upsides in the pair to initiate short positions, it added.

DRONE

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Unmanned aerial vehicle (DRONES)   An unmanned aerial vehicle ( UAV ), commonly known as a drone , is an aircraft without a human pilot aboard. UAVs are a component of an unmanned aircraft system (UAS) ; which include a UAV, a ground-based controller, and a system of communications between the two. The flight of UAVs may operate with various degrees of autonomy : either under remote control by a human operator or autonomously by onboard computers. [1] Compared to manned aircraft, UAVs were originally used for missions too "dull, dirty or dangerous" [2] for humans. While they originated mostly in military applications, their use is rapidly expanding to commercial, scientific, recreational, agricultural, and other applications, [3] such as policing, peacekeeping, [4] and surveillance, product deliveries , aerial photography , agriculture, smuggling, [5] and drone racing . Civilian UAVs now vastly outnumber military UAVs, with estimates of over a million sold by 2015...