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Rupee rises 13 paise to 95.63 against US dollar in early trade

Mumbai, Jul 30 (PTI) The rupee strengthened by 13 paise to 95.63 against the US dollar in early trade on Thursday, supported by positive momentum in domestic equity markets and inflows of foreign capital. However, the Indian currency’s gain was capped by a strong dollar index after the US Federal Reserve kept interest rates unchanged, forex traders said. At the interbank foreign exchange, the rupee opened at 95.59 and lost some ground to 95.63 against the greenback, registering a gain of 13 paise from its previous close. The rupee gained 6 paise to settle at 95.76 against the US dollar

Fed holds rates steady but three policymakers dissent for a hike

WASHINGTON, July30, 2026 (AP) — The Federal Reserve left its key interest rate unchanged Wednesday, although three officials dissented in favor of higher rates as the central bank wrestles with how to deal with persistently high inflation. The Fed’s rate-setting committee reached its decision after two days of deliberations, marking the fifth straight meeting at which the benchmark rate was kept at around 3.6%. Some economists and Wall Street analysts had predicted the Fed would hike its rate by a quarter point. But while the decision to stand pat could be seen as good news for consumers, they might not

PM must sack Shah, need SC-monitored probe into police brutalities on students: Rahul

New Delhi, Jul 29 (PTI) In a blistering attack on the government over alleged police excesses against students, Congress leader Rahul Gandhi on Wednesday urged Prime Minister Narendra Modi to sack Home Minister Amit Shah and demanded a Supreme Court-monitored probe into the “brutalities”. The Leader of Opposition alleged that he was not allowed to speak in Lok Sabha and everytime he tries to speak there, he is “silenced”. Either Shah ordered that students be shot with pellet guns and beaten with lathis with nails or he was unaware, Rahul said, referring to the crackdown by security forces during the

As AI reshapes newsrooms, leading media outlets are charting different paths for its use

July 29, 2026 (Conversation) A labor dispute erupted at The Guardian’s London headquarters in December 2024, with nearly 500 journalists going on strike to protest the proposed sale of the Guardian-owned Observer. With the newsroom hobbled, the British publication’s management allegedly deployed generative AI tools such as ChatGPT and Claude to suggest headlines and write descriptions of photos for people using screen readers. The National Union of Journalists cried foul, calling this move a clear attempt to undermine collective bargaining. As media and communication scholars, we saw the outrage over management’s use of AI as more than routine wrangling over

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