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Vice President-elect JD Vance resigns from the Senate

COLUMBUS, Ohio, January 10, 2025 (AP) — Vice President-elect JD Vance is resigning from his seat in the U.S. Senate, effective Friday. Vance made his intentions known in a letter Thursday to Ohio Republican Gov. Mike DeWine, who will choose his successor. “As I prepare to assume my duties as Vice President of the United States, I would like to express that it has been a tremendous honor and privilege to serve the people of Ohio in the Senate over the past two years,” Vance wrote in the letter. In a separate statement released by Vance, the outgoing senator nodded

ED raids RJD MLA Mehta’s residence in Bihar among 17 places in bank fraud case

Bihar (Patna) [India], January 10 (ANI): The ED (Enforcement Directorate) on Friday launched raids at the residence of RJD MLA Alok Kumar Mehta in Bihar, in connection with an alleged bank fraud case. The agency is conducting raids at 17 locations as part of its investigation into the case linked to the leader. Mehta, a prominent figure in the Rashtriya Janata Dal (RJD), has come on the ED’s radar for alleged financial irregularities. The raids, which began early in the morning, are reportedly connected to accusations of misuse of public funds, further intensifying the ongoing scrutiny of opposition leaders by

Trump to be sentenced in hush money case, days before his inauguration

NEW YORK, Jan 10 (Reuters) – U.S. President-elect Donald Trump is scheduled to be sentenced on Friday for his criminal conviction stemming from hush money paid to a porn star, a case that for a time overshadowed his bid to retake the White House. The U.S. Supreme Court paved the way on Thursday for the 9:30 a.m. ET (1430 GMT) sentencing in New York state court in Manhattan, rejecting a last-minute request by Trump to halt it 10 days before his Jan. 20 inauguration. Justice Juan Merchan, who oversaw the six-week trial last year, has signaled he does not plan

Rupee hits record low as broad dollar strength hurts Asian currencies

MUMBAI, Jan 9 (Reuters) – The Indian rupee weakened to its lifetime low on Thursday as the dollar strengthened on the back of expectations of slower-than-anticipated rate cuts by the Federal Reserve as well as uncertainty about the incoming U.S. President’s policies. The rupee declined to 85.9325 against the U.S. dollar before closing at 85.8475, little changed on the day. The local unit was under pressure through most of the session but state-run banks’ dollar sales, most likely on behalf of the Reserve Bank of India, helped limit the currency’s losses, traders said. While the RBI has routinely stepped in

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