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Rupee falls 11 paise to close at 90.43 against US dollar

Mumbai, Feb 4 (PTI) The rupee depreciated 11 paise to 90.43 (provisional) against the US dollar on Wednesday, after a sharp rally in the previous trading session following India-US trade deal announcement, on suspected dollar buying by corporates and importers. Forex traders said despite the positive sentiment after the India-US trade deal, caution still remains as there is no signed or officially released trade agreement yet — no framework text or final documentation. At the interbank foreign exchange, the rupee opened at 90.35 and touched an early high of 90.26 and a low of 90.54 against the greenback. The domestic

Stock markets end marginally higher as heavy sell-off in IT counters spoil sentiment

Mumbai, Feb 4 (PTI) Benchmark indices Sensex and Nifty ended marginally higher on Wednesday as a sharp decline in IT blue-chip stocks restricted the rally in the markets. After a remarkable rally in the previous trade, the 30-share BSE Sensex ended 78.56 points or 0.09 per cent higher at 83,817.69. During the day, it hit a high of 83,947.53 and a low of 83,119.95, gyrating 827.58 points. The 50-share NSE Nifty went up by 48.45 points or 0.19 per cent to settle at 25,776. From the Sensex firms, Eternal, Trent, NTPC, Adani Ports, Power Grid and Maruti were among the

‘US has nearly bought India’, Sanjay Raut criticises India-US trade deal

New Delhi [India], February 4 (ANI): Shiv Sena (UBT) MP Sanjay Raut on Thursday criticised the India-US trade agreement, which reduced the previously imposed tariff of 50 per cent to 18 per cent, saying that with this trade deal, the United States has almost bought India. Raur stated that with this new trade deal between the United States and India. Raising concern over the Indian farmers’ economic growth and well-being, he underlined that now the US can sell their agriculture products in the Indian farmers’ market at cheaper rates, which will directly affect the Indian farmers. “With this trade deal,

‘Govt is scared’: Priyanka claims Naravane book reveals govt’s character in crisis

New Delhi, Feb 4 (PTI) Congress leader Priyanka Gandhi Vadra on Wednesday alleged that the government is not allowing Rahul Gandhi to speak in Parliament as it is scared that the unpublished “memoir” of former Army chief M M Naravane reveals what the reaction of the country’s top leadership was when China was at our borders. The Congress general secretary said even when the BJP leaders speak they also quote from books, magazines and reports, and Gandhi had even authenticated the article he wanted to quote from. Speaking with reporters in Parliament House complex, Priyanka Gandhi said it is not

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