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RBI likely offering US dollars to defend rupee – traders

MUMBAI, Oct 19 (Reuters) – The RBI (Reserve Bank of India) is likely selling U.S. dollars again to defend the rupee and keep it from sliding to a record low, three traders told Reuters on Thursday. The rupee was at 83.2650 against the dollar, little changed from its close at 83.2575 in the previous session. The rupee, aided by the RBI, held its ground despite weakness in most Asian currencies and higher U.S. yields. The RBI’s intervention “was expected”, a foreign exchange trader at a private bank said.

Biden, in Israel, says hospital blast appears to be caused by ‘the other team’

GAZA/TEL AVIV, Oct 18 (Reuters) – U.S. President Joe Biden pledged solidarity with Israel on Wednesday, at what became the only stop of a Middle East mission otherwise derailed by a massive explosion at a Gaza hospital, which Biden said appeared to have been caused by Israel’s foes. Palestinian officials blamed an Israeli air strike for the fireball that engulfed the Al-Ahli al-Arabi hospital on Tuesday evening, which they said had killed 471 people. Israel said the blast was caused by a failed rocket launch by the Palestinian Islamic Jihad militant group, which denied blame. Arab leaders responded to the

World Menopause Day: Things you need to know about menopause

New Delhi, October 18, 2023: World Menopause Day is celebrated in October 18 — an effort to shine a light on a condition that 12 per cent of the global population are experiencing. The process is a natural hormonal one but is experienced differently by all women. It can affect sufferers physically but can also have a knock-on impact for work and relationships. “Awareness on this topic is fundamental and reducing the stigma attached to it is vital so that more people will talk openly about it so it can begin to be normalised and people can get the support

Non-gazetted railway employees to get bonus equivalent to 78 days’ wages

New Delhi, Oct 18 (PTI) Railway employees will receive a bonus equivalent to their 78 days’ salaries, a move that will benefit more than 11.07 lakh non-gazetted staff of the national transporter, the government announced on Wednesday. “The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a Productivity Linked Bonus (PLB), equivalent to 78 days’ wages, for the financial year 2022-23 for all eligible non-gazetted railway employees,” Information and Broadcasting Minister Anurag Thakur said here. The decision will benefit track maintainers, loco pilots, train managers (guards), station masters, supervisors, technicians, technician helpers, pointsmen, ministerial staff and other Group

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