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Rupee rises 10 paise to close at 94.50 against US dollar

Mumbai, Jun 17 (PTI) The rupee appreciated 10 paise to close at 94.50 (provisional) against the US dollar, as Brent crude oil prices and the US dollar index retreated further from their elevated levels. Forex traders said the rupee opened on a positive note as Brent crude has fallen below USD 79 per barrel, with markets pricing in the reopening of the Strait of Hormuz following the US-Iran peace framework. Moreover, positive domestic equities supported investor sentiments further. At the interbank foreign exchange, the rupee opened at 94.46 against the US dollar and traded in the range of 94.29-94.60. Eventually,

Stock markets extend rally to 4th day as easing crude oil prices fuel buying

Mumbai, Jun 17 (PTI) Stock market benchmark indices Sensex and Nifty ended higher on Wednesday, taking their winning run to the fourth straight session, buoyed by softening crude oil prices following a peace deal between the US and Iran. The 30-share BSE Sensex climbed 347.14 points, or 0.45 per cent, to settle at 77,155.62. During the day, it jumped 410.51 points, or 0.53 per cent, to 77,218.99. The 50-share NSE Nifty rallied 96.55 points, or 0.40 per cent, to end at 24,085.70. Intraday, the benchmark advanced 119.05 points, or 0.49 per cent, to 24,108.20. Among the 30 Sensex firms, Trent

“Now it’s UP’s turn”: UP Minister Rajbhar drops bombshell claims Akhilesh Yadav’s SP headed for major split

Lucknow (Uttar Pradesh) [India], June 17 (ANI): Uttar Pradesh Minister Om Prakash Rajbhar on Wednesday claimed that a “major political realignment” is unfolding in the Samajwadi Party and further saying that the party is headed for a split internal. Rajbhar asserted that political developments in Uttar Pradesh have now taken centre stage ahead of the 2027 Assembly elections. Speaking to ANI, Rajbhar alleged that individuals join political parties based on personal interest, while making a pointed remark on alleged outreach involving Samajwadi Party leaders. “Only when someone is ready to be bought, people will buy them. Don’t keep your attention

Resign if you want to shift loyalty: Raut says as Sena (UBT) rebellion buzz intensifies

Mumbai, Jun 17 (PTI) Shiv Sena (UBT) leader Sanjay Raut on Wednesday dared dissident MPs to quit if they want to switch sides, amid heightened speculation of an imminent split within the Uddhav Thackeray‒led party. Holding a press conference in New Delhi, Raut said the people of Maharashtra and Shiv Sena (UBT) MPs won’t remain quiet if the party split is replicated, a reference to the rebellion in 2022. Out of the nine Sena (UBT) Lok Sabha members, only three — Arvind Sawant, Anil Desai and Rajabhau Waje — attended Raut’s press conference. “Uddhav Thackeray, Sena (UBT) workers toiled hard

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