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Rupee hits record low as Indian equities slide, bearish tilt persists

MUMBAI, Jan 6 (Reuters) – The Indian rupee declined to its lifetime low on Monday, hurt by a persistent bearish outlook on the South Asian currency that has been troubled by a broadly stronger dollar and tepid capital flows following a slowdown in economic growth. The rupee weakened to 85.84 against the U.S. dollar, inching past its previous record low of 85.8075 hit in the last week of December. The currency ended the session at 85.8275, down nearly 0.1% on the day. While the rupee remained under pressure throughout the day’s trading session, dollar-selling intervention by the Reserve Bank of

Assembly row: Tamil Nadu Governor leaving House without reading address ‘childish,’ says CM Stalin

Chennai, Jan 6 (PTI) Tamil Nadu Chief Minister M K Stalin lashed out at State Governor RN Ravi for leaving the Assembly without delivering his customary address on Monday, calling it childish, and charged the latter with continuously insulting the people of the state. Why was Ravi sticking to his gubernatorial post “when he does not have a heart to discharge his Constitutional duties,” Stalin asked. Responding to Ravi walking out of the House and refraining from delivering his address to the MLAs on the first day of this year’s Assembly session, Stalin said the Governor had skipped some portions

Protesting farmers to meet high-powered committee today, Supreme Court told

New Delhi, Jan 6 (PTI) A delegation of the protesting farmers at the Khanauri border between Punjab and Haryana will be meeting the high-powered committee appointed by the Supreme Court at around 3 pm on Monday. Among the protesting farmers is also septuagenarian Jagjit Singh Dallewal, who has been on an indefinite fast for the past 40 days, and whose health concerns have kept the Punjab government on its toes with the top court keeping a close watch. A bench of Justices Surya Kant and N Kotiswar Singh was informed by senior advocate Kapil Sibal, appearing for the Punjab government

Congress promises Rs 2,500 to women per month if voted to power in Delhi

New Delhi, Jan 6 (PTI) The Congress on Monday announced a ‘Pyari Didi Yojana’, promising a monthly financial assistance of Rs 2,500 to women if voted to power in Delhi. The scheme would be rolled out on the lines of the model adopted by the Congress government in Karnataka. Announcing the scheme, Karnataka Deputy Chief Minister DK Shivakumar said it aims to financially empower women, promising that it would be implemented at the first Cabinet meeting of the new government. “Today, I have come here to launch the Pyari Didi Yojana. We are confident that a Congress government will be

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