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Rupee falls 10 paise to close at 95.29 against US dollar

Mumbai, Jun 2 (PTI) The rupee depreciated 10 paise to close at 95.29 (provisional) against the US dollar on Tuesday, as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Forex traders said significant foreign fund outflows also weighed on the investor sentiments. At the interbank foreign exchange market, the rupee opened at 95.16 against the US dollar, then touched an intraday high of 95.03 and a low of 95.31. At the end of Tuesday’s trading session, the rupee was quoted at 95.29 (provisional), down 10 paise from its previous close. On Monday, the

Stock markets snap 4-day losses led by strong rally in IT firms; Sensex up 382 pts

Mumbai, Jun 2 (PTI) Snapping the four-day losing streak, benchmark BSE Sensex rebounded by 382 points on Tuesday, powered by a strong rally in IT shares. The 30-share BSE Sensex climbed 382.50 points, or 0.52 per cent, to settle at 74,649.84 with 20 of its constituents ending higher and 10 with losses. The barometer jumped 1,047.07 points to 74,862.19 from its intra-day low of 73,815.12. The 50-share NSE Nifty rose by 100.95 points, or 0.43 per cent, to end at 23,483.55. Among 30 Sensex firms, Tata Consultancy Services jumped the most by 6.53 per cent. Infosys climbed 5.66 per cent,

Congress govt ensuring social justice, equal opportunity in Telangana: Rahul Gandhi on statehood day

Leader of Opposition in the Lok Sabha and Congress leader Rahul Gandhi Rahul Gandhi (Photo: PTI)

New Delhi, Jun 2 (PTI) Telangana is the struggle and sacrifice of lakhs of people and the Congress government carries forward that legacy with social justice, equal opportunity, and the dignity of every person of the state, former party chief Rahul Gandhi said on Tuesday. On Telangana formation day, Gandhi greeted the people of the state and paid his tributes to individuals who gave their life for the state’s birth. “Warm greetings to the people of Telangana on their Formation Day. Telangana is the struggle and sacrifice of lakhs of people. Today we remember every individual who gave their life

Srinagar airport to be shut for fortnight from Oct 1 for maintenance; locals fear blow to business

Srinagar, Jun 2 (PTI) The Srinagar International Airport will suspend all flight operations for 15 days starting October 1 to undergo crucial runway maintenance and repair work, officials said on Tuesday. The two-week shutdown is expected to deal a massive blow to Jammu and Kashmir’s tourism sector, as it directly clashes with the peak Durga Puja holiday season. The Valley traditionally witnesses a massive influx of tourists from West Bengal during this period, and travel operators fear the closure will lead to widespread cancellations and heavy financial losses. According to airport officials, a phased maintenance schedule will begin ahead of

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