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Rupee falls 16 paise to 93.32 against US dollar in early trade

Mumbai, Apr 21 (PTI) The rupee declined 16 paise to 93.32 against the US dollar in early trade on Tuesday, as the American currency stayed firm and the Reserve Bank eased restrictions on speculative bets on the Indian currency. Positive domestic equity markets and inflows of foreign funds supported the local currency even as uncertainties surrounding the West Asia peace agreement kept investors worried, forex traders said. The Reserve Bank on Monday partially withdrew directives taken on April 1 to curb excessive speculation in the rupee. The banking regulator had capped the net open positions in non-deliverable forward markets at

Labor Secretary Lori Chavez-DeRemer is leaving Trump’s Cabinet after abuse of power allegations

WASHINGTON, April 21, 2026 (AP) — Labor Secretary Lori Chavez-DeRemer is out of President Donald Trump’s Cabinet, the White House said Monday, after multiple allegations of abusing her position’s power, including having an affair with a subordinate and drinking alcohol on the job. Chavez-DeRemer is the third Trump Cabinet member to leave her post after Trump fired his embattled Homeland Security Secretary Kristi Noem in March and ousted Attorney General Pam Bondi earlier this month. In a statement posted on social media, Chavez-DeRemer praised Trump and wrote, “I am proud that we made significant progress in advancing President Trump’s mission

Dollar subdued as markets eye ceasefire talks; yen pressured by BOJ delay

HONG KONG, April 21 (Reuters) – The dollar and yen were under pressure on Tuesday, with ​investors poised to buy riskier currencies and hoping for a U.S.-Iran deal to reopen ‌Gulf shipping, while a sticky inflation reading lifted the New Zealand dollar. With the ceasefire set to expire this week, the fate of Iran peace talks remained uncertain as Tehran has yet to decide how to proceed with the diplomatic ​process following a recent escalation in tensions. However, investors think both sides are motivated to ​reach a deal. President Donald Trump said negotiations are happening “relatively quickly” and will ⁠yield

What to know as ceasefire in the Iran war hangs in the balance

DUBAI, United Arab Emirates, April 20, 2026 (AP) — The ceasefire in the Iran war hangs in the balance as Pakistan’s capital stands prepared for possible new talks between Tehran and Washington. As of right now, the two-week ceasefire will expire at 0000 GMT Wednesday (8 p.m. ET Tuesday.) But the truce between Iran, Israel and the United States started after multiple deadlines posed by U.S. President Donald Trump that threatened Iran’s very “civilization” at one point. Further delays or sudden changes likely will be the norm leading up to the deadline. Serious challenges face the talks that may be

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