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Rupee hits lifetime low as dollar’s bounce hurts Asian currencies

January 8, 2025
Finance

MUMBAI, Jan 8 (Reuters) – The Indian rupee dropped to an all-time low on Wednesday, pressured by a resumption of the dollar’s uptrend after data pointed to a resilient U.S. economy, reinforcing bets that the Federal Reserve won’t be in a rush to cut policy rates. The rupee fell to a record low of 85.8425 per U.S. dollar, down from 85.7125 in the previous session and inching past its prior all-time low of 85.84 hit on Monday. The dollar index rose 0.3% after data on Tuesday pointed to a strong U.S. labour market and accelerated activity in the county’s service

Farm workers, drivers largest growing jobs; cashiers, ticket clerks most declining: Study

January 8, 2025
Finance

New Delhi, Jan 8 (PTI) Farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket clerks will see the largest decline, a new study showed on Wednesday. In its Future of Jobs Report 2025, the World Economic Forum (WEF) also said that 170 million new jobs will be created by 2030, while 92 million are projected to be displaced, resulting in 78 million net new jobs. The report, released days before the WEF Annual Meeting in Davos from January 20-25, said that job disruption will equate to 22

Formula E race case: Senior IAS officer Arvind Kumar appears before ACB

January 8, 2025
Corruption

Hyderabad, Jan 8 (PTI) Senior IAS officer Arvind Kumar, one of the accused in the FIR registered in Formula E race issue, appeared before the Anti-Corruption Bureau (ACB) here on Wednesday. The ACB had earlier summoned Arvind Kumar for questioning in connection with the alleged irregularities in conducting the Formula-E race, and accordingly he reached the agency’s headquarters. The ACB in December 2024 registered a case against BRS Working President and MLA KT Rama Rao, who was Municipal Administration Minister in the previous BRS regime, over alleged payments, most of it in foreign currency without approvals, to conduct the race

Better sleep, more energy and feeling in control: the reported benefits of Dry January

January 8, 2025
Health

Sussex, Jan 8 (The Conversation) Since it was started in 2013 by the charity Alcohol Change UK, the Dry January challenge has significantly grown in popularity, becoming a very popular new year’s resolution. In 2023, 175,000 people officially signed up to take on the challenge of going alcohol-free for the entire month of January – and it’s likely many more will have done it unofficially. Taking a month-long break from alcohol can have many benefits. And these benefits appear pretty quickly – across various aspects of health and wellbeing. At the biological level, one month of abstinence is associated with

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