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Rupee settles on flat note, up 2 paise at 95.68 (provisional) against US dollar

Rupee hits record low

Mumbai, May 27 (PTI) The rupee settled on a flat note, higher by 2 paise at 95.68 (provisional) against the US dollar on Wednesday, as renewed tensions between the US and Iran and delays in negotiations kept investors cautious. Forex traders said a strong American currency and weak domestic markets also pressured the rupee. Attention has shifted toward the upcoming RBI Monetary Policy Committee meeting scheduled between June 3 and 5, they said. At the interbank foreign exchange market, the rupee opened at 95.60 against the US dollar, and touched an intra-day low of 95.79 against the American currency. At

Stock markets decline for 2nd day on selling in energy, banking shares; Sensex down 142 pts

Mumbai, May 27 (PTI) Benchmark indices Sensex and Nifty closed lower in a volatile trade on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. The 30-share BSE Sensex declined 141.90 points, or 0.19 per cent, to settle at 75,867.80, with 20 of its constituents ending higher and 10 with losses. During the day, it hit a high of 76,224.68 and a low of 75,748.21, gyrating 476.47 points. The 50-share NSE Nifty skidded 6.55 points, or 0.03 per cent, to end at 23,907.15. Among 30 Sensex firms, HDFC Bank, Infosys, ITC,

Israel says it killed Hamas’ new armed wing chief in Gaza

JERUSALEM/CAIRO, May 27 (Reuters) – Israel said on Wednesday it had killed Hamas’s newly appointed armed wing chief in Gaza, ​days after it killed his predecessor, while intensifying military pressure in Gaza and expanding operations in Lebanon. The Israeli military said ‌Mohammad Odeh was killed in an operation in Gaza on Tuesday. A relative of Odeh confirmed his death to Reuters and said the funeral would take place after noon prayers in Gaza City. Hamas has yet to issue an official statement, but a statement from his family said he was killed along with his wife and son. Gaza health

Nehru cannot be erased from modern India’s fabric despite PM’s efforts to denigrate him: Congress

New Delhi, May 27 (PTI) The Congress on Wednesday accused Prime Minister Narendra Modi of making a “diabolical effort” to “distort, defame, and denigrate” Jawaharlal Nehru, and asserted that India’s first prime minister cannot be erased from the fabric of modern India. On the 62nd death anniversary of Nehru, senior Congress leader Jairam Ramesh said that “as the truth of the damage this Modi regime has done to our polity, society and economy becomes increasingly stark and evident every passing day, Nehru’s relevance only grows”. “Jawaharlal Nehru passed away 62 years ago today. He continues to be studied and analysed,

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