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EC issues ‘stern notice’ to Cong chief Kharge for calling PM Modi ‘terrorist’

New Delhi, Apr 22 (PTI) The Election Commission on Wednesday took “serious note” of Congress president Mallikarjun Kharge calling Prime Minister Narendra Modi a “terrorist” and issued him with a “stern notice”, officials said. He has been asked to explain his stand within 24 hours, they said. The notice comes a day before polling in Tamil Nadu and West Bengal. Kharge on Tuesday accused Prime Minister Modi of “terrorising” political parties by misusing government machinery and central agencies to stifle the opposition, triggering strong reactions from the BJP, which attacked the opposition leader for calling Modi a “terrorist”. Addressing a

Silver, gold fall as US-Iran talks uncertainty weighs on bullion

New Delhi, Apr 22 (PTI) Gold prices fell by Rs 300 to Rs 1.57 lakh per 10 grams while silver plunged by Rs 2,700 to Rs 2.55 lakh per kg in the national capital on Wednesday amid uncertainty over US-Iran peace negotiations. According to the All India Sarafa Association, gold of 99.9 per cent purity slipped Rs 300 to Rs 1,57,000 per 10 grams (inclusive of all taxes). “Gold declined on Wednesday after plans for a second round of US-Iran peace negotiations collapsed, despite President Donald Trump extending the ceasefire,” Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, said.

Rupee nears 94/USD level; settles 39 paise lower

Mumbai, Apr 22 (PTI) The rupee weakened for the third straight session, losing 39 paise to settle at 93.83 (provisional) against the US dollar on Wednesday as uncertainty on US-Iran peace talks eroded hopes of easing West Asia conflict and set crude oil prices on fire. Intense selling in domestic equity markets and sustained outflow of foreign capital also weighed on the Indian currency, forex traders said. At the interbank foreign exchange market, the rupee opened at 93.69 and touched an intraday low of 93.87 against the greenback during the session, nearing the 94 level it reached for the first

Stock markets snap 3-day rally; Sensex tumbles 757 pts dragged by IT shares, jump in oil prices

Mumbai, Apr 22 (PTI) Benchmark equity indices Sensex and Nifty tumbled nearly 1 per cent on Wednesday, snapping a three-day gaining streak due to heavy selling in IT stocks and an uptick in crude oil prices. The 30-share BSE Sensex tanked 756.84 points or 0.95 per cent to settle at 78,516.49. During the day, it slumped 831.03 points or 1.04 per cent to 78,442.30. The 50-share NSE Nifty dropped 198.50 points or 0.81 per cent to end at 24,378.10. Foreign fund outflows and fears of prolonged instability in West Asia also dented market sentiment. Among 30-Sensex firms, HCL Tech tumbled

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