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Unless he changes course, Trump will be the American President that lost India, chased India away: US lawmaker

New York/Washington, Dec 11 (PTI) US President Donald Trump’s policies towards India are doing “real and lasting damage” to the strategic trust and mutual understanding, a top US lawmaker has said, underlining that Washington must move with “incredible urgency” to mitigate the damage done to bilateral ties. “…Unless he changes course, Trump will be the American President that lost India, or more accurately, that chased India away while revitalising the Russian Empire, while breaking up the Transatlantic Alliance and menacing Latin America. That is not a legacy any President should be excited about having,” Democratic Congresswoman from California Sydney Kamlager-Dove

Stocks markets open firm but later turned choppy amid mixed global cues

Mumbai, Dec 11 (PTI) Equity benchmark indices Sensex and Nifty began trading on a positive note on Thursday but soon pared all early gains to trade in the negative territory amid weak trends in Asian markets and persistent foreign fund outflows. The 30-share BSE Sensex opened higher and climbed 149.3 points, or 0.17 per cent to 84,540.57. The 50-share NSE Nifty also advanced 45.05 points to 25,803.05. However, both key indices reversed their gains as selling pressure intensified, with the Sensex declining 222.39 points, or 0.26 per cent, to 84,168.88 and the Nifty slipping 50.90 points to 25,707.10. Among the

Rupee falls 17 paise to 90.11 against US dollar in early trade

Mumbai, Dec 11 (PTI) The rupee depreciated 17 paise to 90.11 against the US dollar in early trade on Thursday as prevailing risk-averse market sentiment, compounded by a high US dollar demand from importers, dented investor sentiments. Forex traders said the rupee is likely to trade with a negative bias on muted domestic markets and sustained foreign fund outflows. Moreover, investors are also awaiting cues from the US-India trade talks, which could boost the rupee in the coming days. At the interbank foreign exchange, the rupee opened at 89.95 against the US dollar, then lost ground and fell to 90.11

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