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Emmanuel Grégoire, a Socialist long involved in local politics, becomes Paris’ new mayor

March 23, 2026
Politics

PARIS, March 23, 2026 (AP) — Emmanuel Grégoire, a Socialist little known to the French public, was elected mayor of Paris in a runoff vote Sunday, succeeding fellow party member Anne Hidalgo. Soon after claiming victory, Grégoire, 48, took a city bike through the streets of Paris toward City Hall, echoing his promise to make the French capital greener. Grégoire beat out prominent conservative contender Rachida Dati, who acknowledged her defeat after partial results were made public. The race for Paris mayor was part of France’s second round of municipal elections. Sunday’s vote showed clear gains for the traditional left

Iran points at tit for tat retaliation if power plants targeted, statement

March 23, 2026
Politics

DUBAI, March 23 (Reuters) – Iran will retaliate to an attack on its electricity sector ​by targeting Israel’s power plants as ‌well as power plants supplying U.S. bases with electricity in regional countries, a statement ​by the Revolutionary Guards on ​Monday said. The statement seemingly retracted earlier threats to ⁠desalination plants in the region, ​which are crucial for providing drinking water in ​Gulf countries. “The lying … U.S. President has claimed that the Revolutionary Guards intends to attack the ​water desalination plants and cause hardship ​to the people of the countries in the ‌region,” ⁠the statement shared on state media

Rupee nears 94/USD, down 41 paise to record low of 93.94 in early trade

March 23, 2026
Finance

Mumbai, Mar 23 (PTI) The rupee continued its slide in the early trade on Monday, losing 41 paise to slump to a record low of 93.94 against the US dollar as the raging war in West Asia kept global crude oil prices elevated, and the greenback remained strong. Sustained foreign fund outflows and a crash at the domestic equity markets in the morning session further weakened the local unit, forex traders said. At the interbank foreign exchange, the local unit opened at 93.84 against the US dollar before sliding further to its record low of 93.94, down 41 paise from

Stock markets dive as Middle East conflict, crude oil prices continue to dent sentiment

March 23, 2026
Finance

Mumbai, Mar 23 (PTI) Benchmark indices Sensex and Nifty dropped sharply in early trade on Monday as the Middle East conflict entered its fourth week driving crude oil prices higher. A massive bearish trend in global equity markets and relentless foreign fund outflows also made investors jittery. The 30-share BSE Sensex dived 1,555.62 points, or 2 per cent, to 72,977.34 during initial trade. The 50-share NSE Nifty tanked 479.95 points, or 2 per cent, to 22,634.55. From the 30-Sensex firms, Tata Steel, State Bank of India, Bajaj Finance, Bharat Electronics, Titan, and Adani Ports were among the biggest laggards. HCL

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