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RBI possibly selling dollars to prevent rupee from falling to record low – traders

MUMBAI, Sept 18 (Reuters) – The RBI is possibly selling dollars via public sector banks, with the rupee just shy of a record low, six traders told Reuters. The rupee was at 83.2025 to the U.S. dollar, down from 83.09 at open and within a whisker of the lifetime low of 83.29. “Hearing of public sector bank names on the offer (on USD/INR), which you would have to think is for the RBI (Reserve Bank of India),” a trader at a private sector bank said. Two large public sector banks were major dollar sellers, according to traders. The RBI has

Want to ‘tighten up’ self-regulatory mechanism for TV news channels, says Supreme Court

New Delhi, Sep 18 (PTI) The Supreme Court on Monday said it wanted to “tighten up” the self-regulatory mechanism of monitoring TV news channels and granted four more weeks to News Broadcasters and Digital Association (NBDA) to come up with fresh guidelines. A bench comprising Chief Justice of India D Y Chandrachud and Justices J B Pardiwala and Manoj Misra took note of submissions that the NBDA was in consultation with its present and former chairpersons, Justice (retd) A K Sikri and R V Raveendran, respectively, for framing fresh guidelines. Senior advocate Arvind Datar, appearing for NBDA, sought four weeks

Chance encounter transforms girl from Mumbai slum into teenage model, internet influencer

MUMBAI, Sept 18 (Reuters) – Three years ago an inquisitive American tourist wandered into a waterfront slum in Mumbai and met a tiny, smiley girl. Maleesha Kharwa is now 15, still tiny, and with the same winning smile, and her family still has hutment on a shoreline strewn with garbage, but they now also rent a one room apartment, with its own toilet and running water, just a short distance away. In March, a luxury Indian cosmetics brand Forest Essentials chose Maleesha as the face of its Yuvati campaign celebrating young Indian women. Before that, she shared a cover of

INDIA Alliance to meet at LoP Kharge’s office in Parliament ahead of special session

New Delhi [India], September 18 (ANI): Ahead of the five-day special session of Parliament which is all set to begin on Monday, the floor leaders of the Indian National Developmental Inclusive Alliance (INDIA) are scheduled to hold a meeting on Monday at the office of Rajya Sabha leader of the Opposition Mallikarjun Kharge in Parliament. The floor leaders of the INDI Alliance will meet before the start of the Parliament special session to chalk out the strategy for the floor of the house. The five-day special session of Parliament is all set to begin on Monday during which the parliamentary

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