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Congress to support Vijay’s TVK for govt formation in Tamil Nadu: Sources

New Delhi, May 6 (PTI) The Tamil Nadu Congress has decided to support TVK leader Vijay in forming a secular government in the State, sources said. The decision to support the TVK was taken at an urgent meeting of the Political Affairs Committee (PAC) of Tamil Nadu Congress late on Tuesday night. AICC in-charge for Tamil Nadu Affairs of the party Girish Chodankar had called the meeting of the Committee to decide on extending support to TVK. The meeting, the sources said, was convened on Zoom and senior members expressed their views in favour of supporting the actor-turned-politician. The PAC

Rupee rises 23 paise to 94.95 against US dollar in early trade

Mumbai, May 6 (PTI) The rupee appreciated by 23 paise to 94.95 against the US dollar in early trade on Wednesday as Brent crude prices retreated from their elevated level after US President Donald Trump hinted at a possible deal with Iran. Forex traders said oil prices fell to USD 108 per barrel, as signs of easing geopolitical tensions in the Middle East offset the lingering supply concerns. At the interbank foreign exchange market, the rupee opened at 95, then gained some ground and touched an early high of 94.95, registering a gain of 23 paise from its previous low.

Stock markets rebound in early trade as oil prices decline amid progress in US-Iran negotiations

Mumbai, May 6 (PTI) Stock market benchmark indices Sensex and Nifty rebounded in early trade on Wednesday following a drop in crude oil prices after US President Donald Trump claimed progress in negotiations with Iran toward an agreement to end the war. A positive trend in global markets also aided the rally in domestic stocks. The 30-share BSE Sensex jumped 657.22 points to 77,675.01 in early trade. The 50-share NSE Nifty rallied 218 points to 24,250.85. From the 30-Sensex firms, InterGlobe Aviation, Mahindra & Mahindra, Trent, Bajaj Finance, Bajaj Finserv and Tech Mahindra were among the major winners. Larsen &

China’s top envoy meets with Iran’s in Beijing as Trump pauses US effort in the Strait

DUBAI, United Arab Emirates, May 6, 2026 (AP) — U.S. President Donald Trump said Tuesday evening he was pausing the U.S. effort to guide stranded vessels out of the Strait of Hormuz to allow time for a deal to end the Iran war, but that the American forces’ blockade of Iranian ports would remain in place. Meanwhile, Iran’s Foreign Minister Abbas Araghchi met with his Chinese counterpart, Wang Yi, in Beijing on Wednesday morning, the official Xinhua news agency reported, without providing further details. It was the first time since the start of the war that Araghchi has traveled to

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