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Rupee crashes 50 paise to settle near all-time low at 90.84 against US dollar

Mumbai, Jan 16 (PTI) The rupee tumbled for the third straight session and lost 50 paise to settle near its lowest level at 90.84 (provisional) against the US dollar on Friday, amid rising crude oil prices and sustained outflow of foreign funds. Volatile global sentiment and a firm American currency accelerated the withdrawal of foreign institutional investors, even as domestic investors resorted to value buying, forex traders said. According to traders rupee faced pressure after data released on Thursday showed India’s trade deficit widened slightly to USD 25.04 billion in December 2025, compared to USD 24.53 billion in November and

At top UN court, Myanmar denies deadly Rohingya campaign amounts to genocide

THE HAGUE, Netherlands, January 16, 2026 (AP) — Myanmar insisted Friday that its deadly military campaign against the Rohingya ethnic minority was a legitimate counter-terrorism operation and did not amount to genocide, as it defended itself at the top United Nations court against an allegation of breaching the genocide convention. Myanmar launched the campaign in Rakhine state in 2017 after an attack by a Rohingya insurgent group. Security forces were accused of mass rapes, killings and torching thousands of homes as more than 700,000 Rohingya fled into neighboring Bangladesh. “Myanmar was not obliged to remain idle and allow terrorists to

Stock markets end higher on rally in Infosys shares

Mumbai, Jan 16 (PTI) Equity benchmark indices Sensex and Nifty ended higher on Friday, driven by a sharp jump in Infosys after the company raised its revenue growth guidance for FY26. After two days of losses, the 30-share BSE Sensex climbed 187.64 points, or 0.23 per cent, to settle at 83,570.35. During the day, it jumped 752.26 points, or 0.90 per cent, to 84,134.97. The 50-share NSE Nifty rose 28.75 points, or 0.11 per cent, to 25,694.35. From the 30-Sensex firms, Infosys jumped 5.67 per cent after the Bengaluru-headquartered firm saw its revenue from operations grow by 8.9 per cent

US seizes in Caribbean Sea another sanctioned oil tanker it says has ties to Venezuela

WASHINGTON, January 15, 2026 (AP) — U.S. forces in the Caribbean Sea have seized another sanctioned oil tanker the Trump administration says has ties to Venezuela, part of a broader U.S. effort to take control of the South American country’s oil. Homeland Security Secretary Kristi Noem wrote Thursday on social media, “Motor Tanker Veronica had previously passed through Venezuelan waters, and was operating in defiance of President Trump’s established quarantine of sanctioned vessels in the Caribbean.” A social media post from U.S. Southern Command on the capture said that Marines and sailors launched from the aircraft carrier USS Gerald R.

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