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Rupee hits lifetime low 86 against US dollar, settles 14 paise lower

Mumbai, Jan 10 (PTI) The rupee declined 14 paise and touched the crucial 86.00-mark (provisional) for the first time against the US dollar on Friday as it failed to resist pressure from a stronger American currency and huge outflow of foreign funds. Surging crude oil prices overseas and negative sentiment in domestic equity markets also weighed down the Indian currency, forex traders said. Also, dollar strengthened on increased demand amid the anticipation of restrictive trade measures by the new US administration after Donald Trump takes over as president on January 20. At the interbank foreign exchange, the rupee opened at

Japan imposes new sanctions on Russia

TOKYO, January 10, 2025 (AP) — Japan on Friday approved additional sanctions against Russia over its war on Ukraine, including freezing the assets of dozens of individuals and groups and banning exports to dozens of organizations in Russia and several other countries that have allegedly helped it evade sanctions. Chief Cabinet Secretary Yoshimasa Hayashi said Friday’s Cabinet the additional sanctions shows Japan’s commitment to the Group of Seven ‘s effort to strengthen sanctions against Russia over its invasion of Ukraine. Japan has imposed several previous rounds of sanctions, and the latest step comes a month after Prime Minister Shigeru Ishiba

Supreme Court issues notice in Sambhal Shahi Jama Masjid well dispute, orders status quo

New Delhi, Jan 10 (PTI) The Supreme Court on Friday issued a notice on a plea by the Sambhal’s Jama Masjid management committee, and ordered status quo with regard to a private well located near the entrance of the mosque. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar directed that no steps be taken regarding the well without its permission and instructed the authorities to file a status report within two weeks. The plea filed by the Committee of Management of Shahi Jama Masjid challenged a November 19, 2024 order by the Sambhal Senior Division Civil Judge

Kerala govt reinstates IAS officer K Goapalakrishnan; N Prasanth’s suspension to continue

Thiruvananthapurami, Jan 10 (PTI) The Kerala government has reinstated IAS officer K Gopalakrishnan who was suspended for allegedly creating a religion-based WhatsApp group of government officials. The government, however, decided to continue the suspension of IAS officer N Prasanth for 120 days more. Prasanth was suspended for criticising a senior IAS officer on social media. Both officers were suspended on November 11 last year. In the order reinstating Gopalakrishnan, the government said that the Suspension Review Committee reviewed his suspension and observed that there was “no substantive ground necessitating the continuation of the officer under suspension”. “The Committee recommended the

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