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Rupee falls 24 paise to 85.93 against US dollar in early trade

Mumbai, Mar 27 (PTI) The rupee depreciated 24 paise to 85.93 against the US dollar in early trade on Thursday, as US President Donald Trump’s tariff policies reignited fears of a global trade war, fuelling inflation concerns and causing ripple effects across currency markets. The US dollar strengthened after Trump late on Wednesday announced long-promised 25 per cent tariffs on automotive imports, set to take effect on April 2. Forex dealers said the rupee is also facing renewed pressure on liquidity constraints, concerns over reciprocal tariff implementations and month-end demand for the US currency from importers. However, foreign fund inflows

“This attack took place with consent of CM of UP…”: SP Chief Akhilesh Yadav on violence outside residence of MP Ramji Lal Suman

Kannauj (Uttar Pradesh) [India], March 26 (ANI): Samajwadi Party Chief Akhilesh Yadav on Wednesday strongly condemned the vandalism and stone pelting outside the residence of Samajwadi Party MP Ramji Lal Suman in Agra, UP. Yadav accused the BJP of perpetuating hatred and exploiting history for political gain. He emphasised that the attack on Suman’s residence, which occurred while the Chief Minister was in the district, was not only condemnable but also seemed to have the Chief Minister’s tacit consent. Yadav highlighted Suman’s experience and stature as a Dalit MP, making the attack even more egregious. Akhilesh Yadav said, “On March

Stock markets snap 7-day rally; Sensex drops 728 pts on profit-taking in IT, banking shares

Mumbai, Mar 26 (PTI) Benchmark stock indices Sensex and Nifty halted their seven-day winning run and closed down by nearly 1 per cent on Wednesday due to profit-taking in banking and IT shares. The 30-share BSE Sensex tanked 728.69 points or 0.93 per cent to settle at 77,288.50. During the day, it slumped 822.97 points or 1.05 per cent to 77,194.22. The NSE Nifty dropped 181.80 points or 0.77 per cent to 23,486.85. In the past seven trading days, the BSE benchmark index jumped 4,188.28 points or 5.67 per cent. The Nifty surged 1,271.45 points or 5.67 per cent during

Rupee rises 3 paise to close at 85.69 against US dollar

Mumbai, Mar 26 (PTI) The rupee pared its initial losses and settled for the day higher by 3 paise at 85.69 (provisional) against the U.S. dollar on Wednesday, supported by a resurgence of foreign fund inflows. Forex dealers said the rupee faces renewed pressure on liquidity constraints, concerns over reciprocal tariff implementations and month-end demand for the U.S. currency from importers. At the interbank foreign exchange, the rupee opened at 85.71 then touched an intraday high of 85.68 and a low of 85.98 against the greenback. The unit ended the session at 85.69 (provisional) against the dollar, registering a gain

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