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Rupee edges lower due to dollar demand from foreign banks

December 27, 2023
Finance

MUMBAI, Dec 27 (Reuters) – The Indian rupee weakened on Wednesday, pressured by dollar demand from large foreign banks, even as most of the local unit’s Asian peers ticked higher. The rupee was at 83.2475 against the U.S. dollar as of 10:00 a.m. IST, lower by 0.07% compared to its close of 83.1925 in the previous session. The dollar index was little changed in Asian hours at 101.5 but continues to hover close to its weakest level since late July. Most Asian currencies were up between 0.1% to 0.5% on the day. But the rupee weakened slightly due to dollar

Whisky and the coal mining ‘shack’: Taiwan election is not only about China

December 27, 2023
General
Whisky and the coal mining ‘shack’ in the Taiwan election is not only about China

TAIPEI (Reuters): As Taiwan’s election approaches next month, it is not only fraught ties with China competing for electors’ attention. The candidates are exchanging blows over everything from property disputes to whether drinking whisky is out of touch, in a raucous and freewheeling display of the island’s democracy. Taiwan’s Jan. 13 presidential and parliamentary election will define how the Chinese-claimed island deals with Beijing and the subject is indeed a major bone of contention. But it is far from the sole issue debated at rallies, press conferences and on television talk shows where the uncensored exchanges are a major contrast

The curious joy of being wrong – intellectual humility means being open to new information and willing to change your mind

December 27, 2023
General

Mark Twain apocryphally said, “I’m in favor of progress; it’s change I don’t like.” This quote pithily underscores the human tendency to desire growth while also harboring strong resistance to the hard work that comes with it. I can certainly resonate with this sentiment. I was raised in a conservative evangelical home. Like many who grew up in a similar environment, I learned a set of religious beliefs that framed how I understood myself and the world around me. I was taught that God is loving and powerful, and God’s faithful followers are protected. I was taught that the world

276 Indians stuck in a French airport for days for a human trafficking probe arrive in India

December 26, 2023
General

A charter plane that was grounded in France for a human trafficking investigation arrived in India with 276 Indians aboard early Tuesday, authorities said. The passengers had been heading to Nicaragua but were instead blocked inside the Vatry Airport for four days in an exceptional holiday ordeal. The regional administration said that 276 of the original 303 passengers were en route to Mumbai, and that 25 others requested asylum in France. Those who remained were transferred to a special zone in Paris’ Charles de Gaulle airport for asylum-seekers, it said. The passengers grounded in France had included a 21-month-old child

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