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Rupee falls 7 paise to 88.77 against US dollar in early trade

Mumbai, Nov 3 (PTI) The rupee fell 7 paise to 88.77 against the dollar in early trade on Monday, weighed down by higher crude oil prices and continuous outflow of foreign capital amid uncertainties over global trade. According to forex traders, negative sentiment in domestic equities also pressured the Indian currency, even though a weak American currency provided some cushion at a lower level. At the interbank foreign exchange, the rupee opened at 88.73 and slipped further to trade at 88.77 against the greenback, down 7 paise from its previous closing level. The rupee had ended 1 paisa lower at

Sensex and Nifty decline in early trade

Mumbai, Nov 3 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Monday, amid profit-taking and foreign fund outflows. The 30-share BSE Sensex declined 261.39 points to 83,677.32 in early trade. The 50-share NSE Nifty dropped 62.9 points to 25,659.20. From the Sensex firms, Maruti, Bharat Electronics, Titan, Eternal, Bajaj Finance and Bajaj Finserv were the major laggards. However, Mahindra & Mahindra and State Bank of India were the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 6,769.34 crore on Friday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 7,068.44 crore, according to exchange data. “Smart

How much salary and pension will increase in 8th Pay Commission?

The central government has given the green light to the terms of reference (TOR) for the 8th Pay Commission. They have also named Justice Ranjana Prakash Desai, a former Supreme Court judge, as the chairperson of the Commission. The commission will now start preparing its report and will submit it in the next 18 months. The report will go to the Union Cabinet for review and approval. When the Cabinet approves a pay commission’s recommendations, it also signs off on the fitment factor, which is a multiplier for salary and pension revisions for central government employees and pensioners. Terms of

15 per cent of deaths in Delhi in 2023 linked to air pollution: Report

New Delhi, Oct 31 (PTI) Air pollution remains the single largest health risk for people in Delhi, accounting for nearly 15 per cent of all deaths in 2023, according to an analysis of the latest Global Burden of Disease (GBD) data. The analysis of the GBD 2023 data, released earlier this month, by the Institute for Health Metrics and Evaluation (IHME), found that exposure to ambient particulate matter pollution led to an estimated 17,188 deaths in Delhi in 2023. This means one in every seven deaths in the city was linked to polluted air. The central government, however, has maintained

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