MUMBAI, Feb 25 (Reuters) – The Indian rupee logged its worst day in three weeks on Tuesday, weighed down by weakness in regional peers, importer hedging and dollar demand related to the expiry of non-deliverable forward contracts. The rupee ended at 87.21 to the U.S. dollar, down from 86.6950 in the previous session. The domestic unit slipped 0.6% on the day, its biggest single-day fall since February 5. The rupee pared some losses as the central bank likely intervened to support the currency after it dropped due to demand for the greenback related to derivatives expiry, four traders told Reuters.

WASHINGTON, Feb 25 (Reuters) – A message from Elon Musk asserting that federal employees will be given “a second chance” to respond to his ultimatum that they justify their jobs or risk termination is likely to spark another round of confusion across the U.S. government on Tuesday. Musk’s warning on X, the social media site he owns, came after Trump administration officials told federal workers they did not have to respond to his weekend email asking them to summarize their accomplishments of the past week. Failure to reply would be considered a resignation, Musk had claimed. But while some federal