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Markets decline amid West Asia conflict, concerns over possible US interest-rate hike

Markets decline amid West Asia conflict, concerns over possible US interest-rate hike

Mumbai, Sep 7 (PTI) Stock market benchmark indices Sensex and Nifty ended lower on Monday as elevated crude oil prices, escalating US-Iran hostilities and concerns over a possible US interest rate hike weighed on investor sentiment. The 30-share BSE Sensex dropped 382.62 points, or 0.50 per cent, to settle at 76,132.81. During the day, it fell 544.91 points, or 0.71 per cent, to 75,970.52. The 50-share NSE Nifty declined 118.55 points, or 0.50 per cent, to end at 23,779.15. Among the 30 Sensex firms, Infosys, Tech Mahindra, Tata Steel, Bajaj Finserv, UltraTech Cement and Tata Consultancy Services were the major

Rupee falls 7 paise to close at 94.50 against US dollar

Rupee falls 7 paise to close at 94.50 against US dollar

Mumbai, Sep 7 (PTI) The rupee fell 7 paise to close at 94.50 (provisional) against the American currency on Monday as surging crude oil prices and global headwinds offset the support from strong FCNR dollar inflows. Forex traders said the rupee saw modest gains in initial trade on foreign inflows, but a negative trend in domestic equities and rising crude oil prices weighed on investor sentiment. At the interbank foreign exchange market, the rupee opened at 94.40 against the US dollar. During the day, the local unit touched an intraday high of 94.38 and a low of 94.50. The rupee

Supreme Court seeks fresh status reports from states on old-age homes, facilities for senior citizens

New Delhi, Sep 7 (PTI) The Supreme Court on Monday asked all states to submit fresh status reports on the establishment of old-age homes and the facilities available to senior citizens. The bench was hearing a long-pending PIL, filed in 2016, seeking effective implementation of measures for the welfare and protection of the elderly. A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana took up the PIL filed by Dr Ashwani Kumar, who has sought implementation of directions regarding the establishment of old-age homes in every district, adequate pensions and geriatric care for senior citizens.

Climate change images are getting scarier – could fear help drive action?

Lund (Sweden), Sep 7 (Conversation) Over the summer, Europe provided a stark new set of images of climate change. Wildfires raced across forests and grasslands, rivers and reservoirs dried up in droughts and extreme heat disrupted everyday life. Instead of the familiar photographs of people enjoying days at the beach, coverage of heatwaves increasingly comes with images of their consequences. Moreover, issues such as drought and the knock-on challenges for water conservation and food security are not reserved for distant countries, but now the impacts are unmistakably at home on our own doorstep. Tragically, this has also resulted in the

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