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Rupee worst Asia performer over August despite mild rise

MUMBAI, Aug 20 (Reuters) – The Indian rupee rose slightly on Tuesday but continued to underperform its Asian peers which have rallied to multi-month highs in anticipation of a U.S. rate cut next month. The rupee is the worst performing Asian currency so far this month, down 0.2% against the dollar, while its peers have risen as much as 4%. On Tuesday, the rupee was at 83.83 as of 10:45 a.m. IST, up slightly from its close at 83.87 in the previous session. The Indian currency had slipped to a record low of 83.9725 earlier this month. Outflows from equities

“Papa, your teachings are my inspiration…” Rahul Gandhi on former PM Rajiv Gandhi’s birth anniversary

New Delhi [India], August 20 (ANI): Congress leader Rahul Gandhi on Tuesday paid tribute to his father, former Prime Minister Rajiv Gandhi on his birth anniversary and emphasised that he’ll fulfil Rajiv Gandhi’s dreams for India taking his memories with him. “A compassionate personality, an epitome of camaraderie and goodwill… Papa, your teachings are my inspiration, and your dreams for India are my own – I will fulfil them, taking your memories with me,” the Congress leader posted on X. एक करुणामय व्यक्तित्व, सौहार्द और सद्भावना के प्रतीक… पापा, आपकी सीख मेरी प्रेरणा है, और भारत के लिए आपके सपने

Top US workers’ union leaders support Harris for presidency

Chicago, Aug 20 (PTI) In a show of extraordinary solidarity, leaders of the top workers union of the US have backed Vice President Kamala Harris for the presidency by highlighting the support their groups have enjoyed during the Biden-Harris administration. Union leaders from across the nation took the stage at the Democratic National Convention here in Chicago on Monday to share a unified message: ‘Workers have Vice President Harris’ back because she’s had theirs’. Harris, 59, is scheduled to formally accept the Democratic Party’s presidential nomination on Thursday to take on Republican rival Donald Trump, 78, in the November 5

Adani terms Hindenburg allegations malicious, manipulative of selective public information

New Delhi, Aug 11 (PTI) – Adani Group on Sunday termed US short-seller Hindenburg Research’s latest allegations as malicious and manipulative of select public information, saying it has no commercial relationship with SEBI chairperson or her husband. “The latest allegations by Hindenburg are malicious, mischievous and manipulative selections of publicly available information to arrive at pre-determined conclusions for personal profiteering with wanton disregard for facts and the law. “We completely reject these allegations against the Adani Group which are a recycling of discredited claims that have been thoroughly investigated, proven to be baseless and already dismissed by the Hon’ble Supreme

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