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Rupee falls 8 paise to 90.98 against US dollar in early trade

Mumbai, Jan 20 (PTI) The rupee depreciated 8 paise to 90.98 against the American currency in early trade on Tuesday, as strong dollar demand from metal importers and persistent foreign fund outflows dented investor sentiment. Forex traders said rising geopolitical uncertainty, including renewed US expansionary signals, has increased risk aversion and kept emerging market currencies under pressure. Moreover, a sluggish domestic stock market triggered by an exodus of foreign capital, they said. At the interbank foreign exchange, the rupee opened at 90.91 and lost ground to trade at 90.98 against the greenback, down 8 paise from its previous close. On

Karnataka DGP-CRE Ramachandra Rao suspended after obscene video goes viral

Bengaluru, Jan 20 (PTI) The Karnataka government has placed DGP (Civil Rights Enforcement) K Ramachandra Rao under suspension with immediate effect, pending inquiry, citing conduct unbecoming of a government servant and causing embarrassment to the state administration. News channels beamed video on Monday purportedly showing Karnataka DGP (Civil Rights Enforcement) K Ramachandra Rao in an alleged compromising position with women. The video went viral in the social media as well. Rao sought to reject the videos outright terming them “fabricated and false”. In an official order issued by the Department of Personnel and Administrative Reforms (DPAR) on Monday, the government

Karachi mall fire death toll rises to 23 as rescuers search for dozens missing

KARACHI, Pakistan, January 19, 2026 (AP) — The death toll from a massive fire at a shopping plaza in Karachi rose to 23 on Monday as rescuers recovered more bodies from the badly damaged building, police said. Dozens remain missing. Firefighters extinguished the blaze at the multistory plaza late Sunday, nearly 24 hours after it erupted, allowing rescue teams to enter the building. Authorities fear the death toll will rise as they look for 46 more people, according to city police chief Asad Raza. Raza told The Associated Press on Monday that only six bodies have been identified so far.

Inequality and unease are rising as elite Davos event opens with pro-business Trump set to attend

DAVOS, Switzerland, January 19, 2026 (AP) — Corporate chiefs and government leaders including U.S. President Donald Trump swarm into Davos, Switzerland, this week, joining an elite annual meeting that promotes dialogue and economic progress — even as a domineering tone from Washington has upended the global order and billionaires have reaped trillions in new wealth as the poor lag behind. The World Economic Forum, the think tank whose four-day annual meeting opens Tuesday, has a stated motto of “improving the state of the world,” and this year’s theme is “A spirit of dialogue.” One question is whether Trump will speak

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