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Rupee falls 23 paise to hit fresh record low of 85.50 against US dollar

Mumbai, Dec 27 (PTI) The rupee fell steepest in almost two years to hit its lifetime intraday low of 85.80 before a suspected central bank intervention helped recover some of its losses and settled 23 paise lower at a record low of 85.50 (provisional) against the US dollar on Friday due to a strong greenback amid increased month-end demand from banks and importers. According to analysts, the Reserve Bank’s stance to hold on to its dollar payments in short-term forward contracts added to the shortage of greenback, with importers rushing to meet their month-end payment obligations. Despite robust sentiment in

Naqvi warns against ‘pseudo-secular syndicate’ subverting ‘sanatan sanskar’

Prayagraj, Dec 27 (PTI) BJP leader Mukhtar Abbas Naqvi here on Friday warned against a “syndicate” subverting the “sanatan sanskar and culture.” He said there is a “pseudo-secular syndicate” that is always trying to take a “political ride on a communal riot.” The former Union minister made the remarks while addressing a press conference during his three-day visit to Prayagraj. Naqvi said, “Prime Minister Shri Narendra Modi has demolished the deceit of communal polarisation with the commitment to all-embracing empowerment. Modi has strengthened the pride and prestige of Bharat even amid the turmoil across the world.” He added, “Those who

“Bihar mein pul gira, phir BPSC gir gaya,” says Khan Sir while meeting protesting BPSC aspirants

Patna (Bihar) [India], December 27 (ANI): Educator and YouTuber Faizal Khan, alias Khan Sir, on Friday met with protesting Bihar Public Service Commission (BPSC) aspirants in Bihar’s Patna and appealed to them to protest peacefully. “Everyone wants a re-exam,” he said while addressing the aspirants. He also joined the protestors as they chanted slogans against BPSC. Taking a dig at BPSC, he said that the country’s GDP had fallen first, followed by bridges and BPSC. “Pehle desh ka GDP gira, phir Bihar mein pul (Bridge) gira, phir BPSC gir gaya.” The BPSC aspirants had gathered outside the commission’s office in

Condolences pour in from world leaders on Manmohan Singh’s death

Washington, Dec 27 (PTI) Condolences have poured in from across the globe, including from the US, Canada, France and Sri Lanka following the demise of former Prime Minister Manmohan Singh. Leaders from neighbouring countries, including Nepal, Maldives and Afghanistan, expressed deep grief over Singh’s passing, highlighting his contributions and warm relations with their nations. Singh, the architect of India’s economic reforms, died at the All India Institute of Medical Sciences on Thursday night. He was 92. He is survived by his wife Gursharan Kaur, a history professor, and three daughters. US Secretary of State Antony Blinken called him “one of

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