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Indian Rupee Hits Record Low of 92.37 Against U.S. Dollar

Mumbai (PTI): The rupee slumped 12 paise to its record low of 92.37 against the US dollar in early trade on Friday as global crude oil prices showed no signs of easing amid the ongoing West Asian conflict. A stronger greenback, heavy FII selling and weak sentiments in the domestic equity markets further weighed on the rupee, according to forex traders. At the interbank foreign exchange, the local unit opened at 92.33 and slipped further to hit its record intra-day low of 92.37 against the US dollar, down 12 paise from its previous close. The rupee touched a fresh intra-day

Hungary’s conservative icon Orban defeated by centre-right opposition

BUDAPEST, April 12 (Reuters): Hungary’s veteran nationalist leader Viktor Orban lost power to the upstart centre-right Tisza party in Sunday’s national election after 16 years in office, marking a setback for his ​allies in Russia and U.S. President Donald Trump’s White House. Orban, 62, was celebrated by conservatives across Europe and the United States as the mastermind of ‌the “illiberal” model of democracy, but lost favour at home with voters who grew weary of economic stagnation, international isolation and oligarchs amassing wealth. His landslide defeat handed Tisza’s Peter Magyar, 45, a comfortable majority in Hungary’s 199-seat legislature, opening the door

US initiates probe against trading partners including India, China to look into ‘unfair foreign practices’

New York, Mar 12 (PTI) The US has initiated investigations against its trading partners, including India, China, Japan and the EU, to look into and address “unfair foreign practices” that adversely impact American manufacturing. United States Trade Representative (USTR) Jamieson Greer announced the initiation of a probe regarding the “acts, policies, and practices” of various economies under Section 301(b) of the Trade Act of 1974, relating to structural excess capacity and production in manufacturing sectors. The economies subject to these investigations are Bangladesh, Cambodia, China, the European Union, India, Indonesia, Japan, Korea, Malaysia, Mexico, Norway, Singapore, Switzerland, Taiwan, Thailand and

UN panel says racist hate speech by Trump and other US leaders has led to human rights violations

GENEVA, March 12, 2026 (AP) — A U.N.-backed panel of independent experts focusing on racial discrimination says racist hate speech by U.S. President Donald Trump and other American political leaders, along with a crackdown on immigration in the United States, have led to “grave human rights violations.” The Geneva-based Committee on the Elimination of Racial Discrimination issued its decision Wednesday and urged the U.S. to suspend immigration enforcement operations at, and near, schools, hospitals, and faith-based institutions. The decision, made under the committee’s early warning protocol, is not legally binding but seeks to hold a country — in this case,

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