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Rupee slides 34 paise to 94.12 against US dollar in early trade

Mumbai, Apr 23 (PTI) The rupee extended its losing streak for the fourth straight session, sliding past the 94 level for the second time in a month and trading 34 paise lower at 94.12 against the US dollar in early trade on Thursday, as crude oil prices surged amid a lack of progress in West Asia peace talks. The currency also remained under pressure due to massive selling of domestic equities and the withdrawal of foreign investors amid rising worldwide demand for the American currency, forex traders said. At the interbank foreign exchange market, the rupee opened at 94.04 and

Pentagon says it will take 6 months to clear mines in the Strait of Hormuz, AP source says

WASHINGTON, April 23, 2026 (AP) — The Pentagon told US Congress this week it will likely take six months to clear the mines set in the strait, according to a person familiar with the situation who was granted anonymity to discuss the sensitive information. Officials from the Department of Defense delivered the information during a classified briefing at the House Armed Services Committee on Tuesday. The session left more questions than answers as lawmakers probed for information about the cost of the war against Iran, the strategy and objectives, the person said. The lawmakers also raised questions that have still

US Navy Secretary John Phelan is leaving in latest departure of a top defense leader

WASHINGTON, April 23, 2026 (AP) — US Navy Secretary John Phelan is leaving his job, the Pentagon abruptly announced Wednesday, the first head of a military service to depart during President Donald Trump’s second term but just the latest top defense leader to step down or be ousted. No reason was given for the unexpected departure of the Navy’s top civilian official, coming as the sea service has imposed a blockade of Iranian ports and is targeting ships linked to Tehran around the world during a tenuous ceasefire in the war. Another Trump loyalist is taking over as acting head

Congress to strongly push for OBC quota in women’s reservation law

New Delhi, Apr 22 (PTI) The Congress will strongly push for including OBCs in the women’s quota in legislatures and raise this demand from various platforms prominently going forward. This assertion was made at a meeting of the party’s National OBC Congress Advisory Council in which Rahul Gandhi, former chief ministers Bhupesh Baghel (Chhattisgarh) and Ashok Gehlot (Rajasthan), party general secretary Sachin Pilot and OBC Department chairperson Anil ‘JaiHind’ Yadav participated. The meeting was held at the party headquarters here. Congress leaders stressed that earlier many institutions cited lack of data on OBCs but with the caste census being carried

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