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As PM Modi calls for conserving foreign exchange, what steps can India take?

MUMBAI, May 11 (Reuters) – Indian Prime Minister Narendra Modi has urged citizens to adopt practices to conserve foreign exchange as the Iran war-driven spike in oil prices has piled pressure on the rupee and depleted ​FX reserves. Modi on Sunday said Indians should aim to conserve fuel and fertilisers while avoiding foreign travel and gold purchases. ‌The address “signals a potential policy shift ahead,” Nomura said in a Monday note. The rupee dropped to a record low against the dollar last week. Higher crude prices are particularly detrimental for India, which imports 90% of its oil requirements and about

Gold futures drop to Rs 1,52,068/10g

New Delhi, May 11 (PTI) Gold prices on Monday dropped Rs 462 to Rs 1,52,068 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, gold contracts for the June delivery traded lower by Rs 462, or 0.3 per cent, at Rs 1,52,068 per 10 grams in a business turnover of 1,337 lots. Analysts attributed the fall in gold prices to weak global cues. Globally, gold futures declined by 0.84 per cent to USD 4,675.66 per ounce in New York.

Pediatricians group finds kids of all ages need regular recess for physical and mental health

By Laura Ungar, May 11, 2026 (AP) Recess isn’t just a fun break for grade schoolers. It’s crucial to good health and good grades for kids of all ages. That’s the message from a leading pediatricians group, which just released the first new guidance in 13 years about this unstructured time at school and how it needs to be protected. The updated policy statement by the American Academy of Pediatrics comes after years of shrinking recesses and worsening children’s health. The group “has always supported play – free play for kids – but it’s been increasingly threatened over time,” partly

Turkish Airlines plane evacuated after smoke seen from landing gear in Nepal

KATHMANDU, May 11 (Reuters) – A Turkish Airlines ​plane was evacuated after smoke was ‌observed from its landing gear while it was taxiing after landing in Nepal’s capital of ​Kathmandu, the airline said, forcing the ​closure of the airport for an hour. The ⁠Civil Aviation Authority of Nepal (CAAN) had ​earlier said a fire broke out in ​the right rear tyre of the Airbus A330, which was doused before the plane was towed to ​the taxiway. All 277 passengers and 11 ​crew on board were evacuated using the emergency ‌exits, ⁠and nobody was injured, the aviation regulator and airline said.

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