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Rupee jumps 21 paise to close at 87.87 against US dollar

Mumbai, Oct 16 (PTI) Rising for the second straight session, the rupee surged 21 paise to close at 87.87 (provisional) against the US dollar on Thursday, buoyed by a softer American currency against major currencies and renewed risk-on sentiment among investors. Forex traders said that likely intervention by the Reserve Bank of India and a firm trend in domestic equities further enthused investors. At the interbank foreign exchange, the rupee opened below the 88-mark at 87.76 against the greenback, and touched an intraday high of 87.68 per dollar. The domestic unit finally settled at 87.87 (provisional) against the greenback, registering

Gold eases Rs 200 to Rs 1,31,600 per 10 grams in Delhi

New Delhi, Oct 16 (PTI) Gold prices retreated from their record levels on Thursday, declining by Rs 200 to Rs 1,31,600 per 10 grams in the national capital amid profit booking by traders, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had climbed by Rs 1,000 to hit a lifetime high of Rs 1,31,800 per 10 grams in the previous trade. In the local bullion market, gold of 99.5 per cent purity also dipped by Rs 200 to Rs 1,31,000 per 10 grams (inclusive of all taxes). The yellow metal had previously finished

Expect Election Commission to rectify typographical errors, other mistakes in final Bihar electoral roll:

New Delhi, Oct 16 (PTI) The Supreme Court on Thursday said it expects the Election Commission to look into typographical errors and other mistakes in the final Bihar electoral roll prepared after the Special Intensive Revision exercise as a responsible authority and come out with remedial measures. A bench of Justices Surya Kant and Joymalya Bagchi said it will hear on November 4 the legal issues pertaining to the Bihar SIR exercise. The poll panel said that since its publication of the final electoral roll on September 30, not a single appeal has been filed by any voter against name

Modi ‘frightened’ of Trump, says Rahul as US president claims PM said India will stop buying Russian oil

New Delhi [India], October 16 (ANI): Leader of Opposition in Lok Sabha and Congress MP Rahul Gandhi on Thursday launched a scathing attack on Prime Minister Narendra Modi, alleging that he is “frightened” of Donald Trump, after the US President claimed that India had assured him of stopping the purchase of oil from Russia. Rahul Gandhi objected to Donald Trump’s claim and listed allegations against the Union Government to bolster his point. “PM Modi is frightened of Trump,” Rahul Gandhi said as he listed recent incidents, “1.(PM Modi) Allows Trump to decide and announce that India will not buy Russian

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