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Modi govt’s illegality fully exposed: Congress after court relief for Gandhis in National Herald case

New Delhi, Dec 16 (PTI) The Congress on Tuesday claimed the “illegality” of the Narendra Modi government and its “politically motivated prosecution stands fully exposed” after a court here refused to take cognisance of the Enforcement Directorate’s National Herald money laundering case against Rahul Gandhi, Sonia Gandhi and others. In a statement, Congress spokesperson Supriya Shrinate said the ED’s proceedings against Congress leadership — Sonia Gandhi and Rahul Gandhi — in the case have been found to be “completely illegal and malafide” by the court. “The malafide and illegality of the Modi government stands fully exposed. The court has ruled

Gold declines Rs 1,700 to Rs 1.35 lakh/10g; snaps 4-day record rally

New Delhi, Dec 16 (PTI) Snapping the four-day record rally, gold prices declined by Rs 1,700 to Rs 1,35,900 per 10 grams in the national capital on Tuesday as investors booked profits amid weak global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams on Monday. The metal rose by Rs 6,000 over the previous four days, trading at record highs. “Gold prices witnessed profit booking and remained volatile, with the yellow metal slipping towards the USD

Rupee falls to record low of 91.01 against USD; govt cites trade gap, delay in India-US trade deal

Mumbai, Dec 16 (PTI) The rupee fell 23 paise against the greenback to settle at a new all-time low of 91.01 (provisional) on Tuesday, as the government in the Rajya Sabha attributed the sliding value of domestic currency to widening trade deficit and the ongoing developments related to the India-US trade agreement. During the session, the local unit lost 36 paise from its previous close against the greenback to hit its lowest-ever level of 91.14, but regained some ground later in the day. Even a weaker greenback and a sharp decline in global crude oil prices could not prevent the

Sensex tumbles 533.50 pts dragged by foreign fund outflows, weak global trends

Mumbai, Dec 16 (PTI) Benchmark Sensex tumbled 533.50 points and the broader Nifty declined to the 25,860 level on Tuesday as persistent foreign fund outflows, a weak rupee and sluggish global market trends dented investor sentiment. The 30-share BSE Sensex tanked 533.50 points or 0.63 per cent to settle at 84,679.86. During the day, it dived 592.75 points or 0.69 per cent to 84,620.61. The 50-share NSE Nifty dropped 167.20 points or 0.64 per cent to 25,860.10. Among Sensex firms, Axis Bank tanked the most by 5.03 per cent. Eternal, HCL Tech, Bajaj Finserv, Tata Steel, UltraTech Cement and Bajaj

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