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Key Indian states hold elections that will test reach of Modi’s party in opposition strongholds

People queue up to vote outside a polling booth during the Kerala state elections in Kochi, India, Thursday, April 9, 2026.

NEW DELHI, April 9, 2026 (AP) — Voters in India’s Assam and Kerala states and the federally administered region of Puducherry began casting ballots Thursday in local elections seen as a test of support for Prime Minister Narendra Modi and his Bharatiya Janata Party. The elections pit the BJP and its regional allies against a range of opposition parties. Assam and Puducherry are governed by the BJP-led National Democratic Alliance, while Kerala is ruled by the opposition. Two other opposition-ruled states, West Bengal and Tamil Nadu, will vote later this month. The results for all five regions are expected May

Rupee falls 17 paise to 92.71 against US dollar in early trade

Mumbai, Apr 9 (PTI): The rupee depreciated 17 paise to 92.71 against US dollar in early trade on Thursday as the fragile ceasefire and Iran’s threat to step out of the talks if Israel kept bombing Lebanon kept investors wary. Forex traders said markets are in a wait-and-watch mode rather than strong directional positioning as the situation in West Asia remains fragile. Geo-Political uncertainty was still high amid Iran’s threat to step out of the talks if Israel kept bombing Lebanon, keeping investors wary of the opening of the Strait of Hormuz. At the interbank foreign exchange market, the rupee opened

Stock markets tumble in early trade amid fresh tensions in West Asia

Mumbai, Apr 9 (PTI) Stock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday after an impressive rally in the previous session amid fresh tensions in West Asia, igniting concerns over a potential ceasefire breach. The 30-share BSE Sensex dropped 243.57 points to 77,319.33 in opening trade. The 50-share NSE Nifty declined 88.3 points to 23,909.05. Later, the BSE benchmark quoted 728.93 points lower at 76,833.97, and the Nifty tumbled 189.55 points to 23,821.45. From the 30-Sensex firms, Infosys, Adani Ports, InterGlobe Aviation, HDFC Bank, Bajaj Finance and ICICI Bank were among the major laggards. NTPC, Bharat

Does the Iran ceasefire mean the fuel crisis is over? Not even close

Sydeny, Apr 9 (The Conversation) It might feel like a lifetime ago, but it was just last week analysts began talking about fuel rationing in Australia. This week, that prospect seems less likely. A temporary ceasefire in the Iran war has been announced, even as Prime Minister Anthony Albanese heads off to Singapore – a crucial refinery hub – to firm up fuel supplies. United States President Donald Trump has pledged a two-week ceasefire, while Iran has pledged safe passage for ships through the crucial Strait of Hormuz, through which about 20% of the world’s oil is shipped. Does this

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