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Rupee recovers from opening dip, sustainability above 83/USD key

January 12, 2024
Finance

MUMBAI, Jan 12 (Reuters) – The Indian rupee was trading higher on Friday, surpassing the 83-level against the U.S. dollar, as traders capitalised on the opening decline to build bullish bets on the local currency. The rupee was at 82.9775 to the dollar at 11:22 a.m. IST, up from 83.0275 in the previous session. The currency had opened at 83.08. “The view has changed. It is now a sell on rally rather than a buy on dips (on USD/INR),” a foreign exchange trader at a bank said. “The opening up move ran into a host of offers and now we

AAP led Delhi Government accuses Centre of strategizing to “take over slum land in Delhi”

January 12, 2024
Politics

New Delhi [India], January 12 (ANI): In a fresh face off between the Aaam Admi Party government in Delhi and the BJP, Delhi minister Atishi Marlena accused the Union Government of using a ‘systematic’ system to completely get rid of slums in Delhi. The Aam Aadmi party in an address to media, alleged that the BJP conducted a meeting with the land-owning agencies and clearly instructed them to completely eradicate slums in the national capital. “Two days back, Prime Minister Narendra Modi’s advisor Tarun kapoor held a meeting with all the land-owning agencies in which DDA, L&D, railways, MCD officials

Society needs to be educated that man’s chromosomes decide child’s gender, say HC

January 11, 2024
General

New Delhi, Jan 11 (PTI) Parents who give their daughters-in-law a hard time for not being able to fulfil their desire of “preserving their family tree”, need to be educated that it is their son and not his wife whose chromosomes will decide the child’s gender, the Delhi High Court has observed. The high court, which was dealing with a case of dowry death of a woman after being allegedly harassed by her husband and in-laws for bringing insufficient dowry and giving birth to two daughters, said in contemporary times, the idea of a woman’s worth being tied to material

Do not agree with concept of ‘One Nation, One Election: Mamata Banerjee to Kovind-led panel

January 11, 2024
Politics

New Delhi, Jan 11 (PTI) Trinamool Congress chief Mamata Banerjee on Thursday wrote to the high-level committee on “One Nation, One Election” expressing her disagreement with the concept of simultaneous polls to the Lok Sabha and assemblies, and said it would be against the basic structure of India’s constitutional arrangements. In a letter to the panel secretary, Banerjee said that in 1952, the first general elections were simultaneously conducted for the central and state levels. ”There was such simultaneity for some years. But the coevality has since been ruptured…,” she said. ”I regret that I cannot agree with the concept

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