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Rupee surges 61 paise to close at 94.57 against US dollar

Mumbai, May 6 (PTI) The rupee appreciated 61 paise to close at 94.57 (provisional) against the US dollar on Wednesday, as Brent crude prices retreated from elevated levels towards USD 100 per barrel after US President Donald Trump hinted at a possible deal with Iran. Forex traders said that with the Indian rupee facing severe pressure, the Reserve Bank of India (RBI) is also actively pursuing a “non-direct” strategy to support the currency. Moreover, market sentiment was boosted after Trump paused “Project Freedom,” a US operation to escort ships through the Strait of Hormuz. At the interbank foreign exchange market,

Stock markets rally as oil prices decline amid progress in US-Iran talks; Sensex jumps 940 pts

Mumbai, May 6 (PTI) Benchmark Sensex rallied by 940 points on Wednesday following a sharp decline in crude oil prices after US President Donald Trump claimed progress in negotiations with Iran towards an agreement to end the war. Helped by fag-end heavy buying, the 30-share BSE Sensex jumped 940.73 points, or 1.22 per cent, to settle at 77,958.52. During the day, it surged 1,004.99 points, or 1.30 per cent, to a day’s high of 78,022.78. The 50-share NSE Nifty rallied 298.15 points, or 1.24 per cent, to end at 24,330.95. A positive trend in global markets aided the rally in

Vijay calls on Tamil Nadu Governor, stakes claim to form govt

Chennai, May 6 (PTI) TVK chief Vijay on Wednesday met Tamil Nadu Governor Rajendra Vishwanath Arlekar and staked claim to form the government in the state, two days after his party emerged as the single largest party but was short of a simple majority. #WATCH | Chennai: TVK chief Vijay meets Tamil Nadu Governor Rajendra Arlekar at the Lok Bhavan and stakes claim to form the Government in the State. (Video: Lok Bhavan, Tamil Nadu) pic.twitter.com/wCwfKQDhzM — ANI (@ANI) May 6, 2026 While the Congress party has publicly announced its support to TVK, it was not immediately known who all

Every 6th BJP MP in LS won through ‘vote chori’, should we call them ‘ghuspethiya’: Rahul Gandhi

New Delhi, May 6 (PTI) Congress leader Rahul Gandhi on Wednesday alleged that every sixth BJP MP in the Lok Sabha secured his or her seat through “vote chori” and asked if they should be labelled “ghuspethiya” in that party’s own parlance. Gandhi also claimed that the BJP would not be able to win even 140 seats today in the Lok Sabha if fair elections are held. “Through vote theft, sometimes individual seats are stolen, and at other times, an entire government. Of the 240 BJP MPs in the Lok Sabha, roughly every sixth MP secured seat through vote chori,”

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