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Rupee rises 16 paise to 95.03 against US dollar in early trade

Mumbai, Jun 2 (PTI) The rupee appreciated 16 paise to 95.03 against US dollar in early trade on Tuesday, as the market weighed India’s strong domestic fundamentals against ongoing geopolitical uncertainty. Forex traders said the USD/INR pair opened on a positive note this morning on a slight risk off sentiment. However, the uncertainty surrounding West Asia continues to cast a shadow over financial markets and energy prices. At the interbank foreign exchange market, the rupee opened at 95.16 against the US dollar, then touched 95.03 in early trade, up 16 paise from its previous close. On Monday, the rupee depreciated

Trump says Israel and Hezbollah have agreed to dial back fighting

WASHINGTON, June 2, 2026 (AP) — U.S. President Donald Trump said Monday that Israel and Hezbollah have agreed to dial back fighting after he talked with Israeli Prime Minister Benjamin Netanyahu and communicated with the Lebanese militant group through mediators. Trump announced the development in a social media post following a call with Netanyahu. Israeli forces recently made their deepest incursion into Lebanon in more than a quarter century. Trump said there would be no Israeli troops “going to Beirut” and that those on their way “have already been turned back.” He said Hezbollah had “agreed that all shooting will

Malaysia bans social media accounts for children under 16 but questions remain

KUALA LUMPUR, Malaysia, June 1, 2026 (AP) — Malaysia on Monday began enforcing rules barring millions of children younger than 16 from having social media accounts, joining a growing global effort to tighten safety protections. Not all families approved, and critics raised concerns about data protection and potential surveillance. Social media platforms with at least 8 million users in Malaysia, including Facebook, Instagram, TikTok and YouTube, must implement age-verification systems and block users under 16 from creating accounts. Malaysia’s Communications and Multimedia Commission said age verification for existing users will be rolled out over the next six months. Users identified

Gold declines Rs 2,500 to Rs 1.6 lakh/10g amid fresh US-Iran tensions

New Delhi, Jun 1 (PTI) Gold prices retreated by Rs 2,500 to Rs 1.60 lakh per 10 grams in the national capital on Monday, tracking losses in global markets as renewed military exchanges between the US and Iran spiked crude oil rates. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity depreciated by Rs 2,500, 1.53 per cent, to Rs 1,60,400 per 10 grams (inclusive of all taxes) from Friday’s closing level of Rs 1,62,900 per 10 grams. Silver prices also weakened sharply, falling Rs 5,000, or nearly 2 per cent, to Rs 2,69,700

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