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Rupee rises 33 paise to close at 86.65 against US dollar

Rupee rises 33 paise to close at 86.65 against US dollar

Mumbai, Feb 20 (PTI) The rupee appreciated 33 paise to close at 86.65 (provisional) against the US dollar on Thursday, supported by the weakening of the American currency in the overseas market. Forex traders said there is a negative bias for the USD/INR pair amid a muted trend in domestic equities and the unabated foreign fund outflow is weighing on investor sentiments. At the interbank foreign exchange, the rupee opened at 86.88 and touched the high of 86.58 and a low of 86.88 against the greenback during intraday. It ended the session at 86.65 (provisional) against the dollar, logging a

Maharashtra minister Kokate gets two years jail in 30-year-old cheating-forgery case, gets bail

Maharashtra minister Kokate gets two years jail in 30-year-old cheating-forgery case, gets bail

Nashik, Feb 20 (PTI) A court in Nashik in Maharashtra on Thursday sentenced state agriculture minister and NCP leader Manikrao Kokate to two years in jail and fined him Rs 50,000 in a 30-year-old case of cheating and submitting fake documents to get flats under government quota. His brother Sunil Kokate was also convicted in the case registered in 1995 on the complaint of former minister late TS Dighole. The Kokate siblings had got two flats on College Road in Yeolakar Mala here under the chief minister’s 10 per cent discretionary quota after claiming they did not own flats and

Rahul Gandhi targets Modi government over inflation

Rahul Gandhi targets Modi government over inflation

Raebareli (UP), Feb 20 (PTI) Congress leader Rahul Gandhi on Thursday accused the BJP government at the Centre of diverting attention from real issues and promoting capitalists. Gandhi, who is on a two-day visit to his Parliamentary constituency, first visited the Hanuman temple at Churuva border. After spending some time at the temple, he proceeded towards Bachhrawan. At Bachhrawan, the former Congress president addressed a party workers’ conference and urged them to maintain a stronghold at the booth level. “Inflation has risen significantly, and the BJP government is only promoting capitalists,” he alleged. Meanwhile, some BJP workers claimed they have

Govt should bring out white paper on USAID’s support in India over decades: Congress

Govt should bring out white paper on USAID’s support in India over decades: Congress

New Delhi, Feb 20 (PTI) Amid a row over alleged funding by USAID for raising voter turnout in India, the Congress on Thursday demanded that the Indian government should bring out a white paper on the US agency’s support to both governmental and non-governmental institutions in India over the decades. The Congress also dubbed US President Donald Trump’s claims related to USAID as “nonsensical”. The opposition party’s assertion comes after President Donald Trump questioned the purpose of providing USD 21 million to India for “voter turnout”. “Why do we need to spend USD 21 million for voter turnout in India?

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