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Rupee falls 7 paise to close at 88.78 against US dollar

Mumbai, Oct 3 (PTI) The rupee depreciated 7 paise to close at 88.78 (provisional) against the US dollar on Friday, near its all-time low level, on dollar demand from importers and persistent foreign fund outflows. Forex traders said the USD/INR pair is hovering around its all-time low level, weighed down by trade tensions and global uncertainties. Moreover, persistent foreign fund outflows and the ongoing US visa fee hike issue also dragged down the domestic unit. At the interbank foreign exchange, the rupee opened at 88.68 against the US dollar and touched an intraday low of 88.85 and finally settled for

Sensex, Nifty extend gains to 2nd day as metal shares sparkle

Mumbai, Oct 3 (PTI) Benchmark indices Sensex and Nifty advanced for the second straight session on Friday, powered by buying in metal and telecom stocks following a firm trend in global markets. After swinging between gains and losses for most of the session, the 30-share BSE Sensex climbed 223.86 points, or 0.28 per cent, to settle at 81,207.17. During the day, the index touched a high of 81,251.99 and a low of 80,649.57, gyrating 602.42 points. As many as 2,710 stocks advanced while 1,490 declined and 139 remained unchanged on the BSE. The 50-share NSE Nifty edged higher by 57.95

Domestic air traffic falls to 1.29 cr in Aug; flight delays hit 74,381 passengers: DGCA data

New Delhi, Oct 3 (PTI) Domestic airlines flew 1.29 crore passengers in August, lower than 1.31 crore people carried by them in the year-ago period, according to the latest official data. However, the traffic quantum was higher in August compared to July, when it stood at 1.26 crore. IndiGo’s domestic market fell to 64.2 per cent in August against 65.2 per cent in July, while that of Air India Group — comprising Air India and Air India Express — rose to 27.3 per cent from 26.2 per cent during the same period. “Passengers carried by domestic airlines during January-August 2025

Indian ministers push domestic alternatives to Google, Microsoft apps amid strained US ties

NEW DELHI, Oct 3 (Reuters) – Three cabinet colleagues of Indian Prime Minister Narendra Modi are promoting use of apps by domestic rivals to Google Maps, WhatsApp and Microsoft, in the strongest backing yet for “Made in India” products amid trade tension with the United States. After the United States imposed a 50% tariff on Indian imports in August, Modi has pushed for use of “swadeshi” products, or those made in India. Get the latest news from India and how it matters to the world with the Reuters India File newsletter. Sign up here. While many industry executives have made

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