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Rupee falls 9 paise to close at 89.96 against US dollar

Mumbai, Dec 10 (PTI) The rupee depreciated 9 paise to close at 89.96 (provisional) against the US dollar on Wednesday, tracking a negative trend in domestic equities and sustained foreign fund outflows. Forex traders said investors are in a wait-and-watch mode, awaiting clarity from the US Federal Reserve before taking decisive positions. Investors are also awaiting cues from the US-India trade talks, which could boost the rupee in the coming days. At the interbank foreign exchange market, the rupee opened at 90.00, then fell to an intra-day low of 90.10 against the US dollar and finally settled for the day

Sensex, Nifty extend losses for 3rd day as fag-end selloff erases gains

Mumbai, Dec 10 (PTI) Benchmark stock indices Sensex and Nifty declined for the third straight day on Wednesday to close at a nearly month’s low, dragged by a last-hour selloff in consumer durables, private banks and IT shares. In a volatile session, the 30-share BSE Sensex dropped by 275.01 points, or 0.32 per cent, to settle at 84,391.27, a level not seen since November 11. During the day, it hit an intraday high of 85,020.34 and a low of 84,313.62. The 50-share NSE Nifty fell by 81.65 points, or 0.32 per cent, to close at a month’s low of 25,758.

Why question LoP when PM spends half of his working time outside country: Priyanka Gandhi

New Delhi, Dec 10 (PTI) Congress MP Priyanka Gandhi Vadra on Wednesday hit back at the BJP for its criticism of Rahul Gandhi over his visit to Germany next week, asking why are they raising questions on the leader of opposition when Prime Minister Narendra Modi spends “almost half of his working time outside the country”. Rahul Gandhi will visit Germany from December 15 to 20 during which he will engage with the Indian diaspora and meet German ministers, according to the Indian Overseas Congress. The BJP took a swipe at Gandhi over his visit, saying, “Rahul is LoP —

Will not accept ‘Veer Savarkar Award’ nor attend the ceremony: Shashi Tharoor

Thiruvananthapuram/New Delhi, Dec 10 (PTI) Shashi Tharoor on Wednesday categorically stated that he would not accept an award named after VD Savarkar, nor attend a related event, even as a senior party colleague wanted the Congress MP to not accept any honour named after the ideologue whom he claimed “bowed before the British.” Tharoor said that he will NOT accept the “Veer Savarkar Award” and also won’t attend the event where it will be presented in the absence of clarifications about its nature or the organisation presenting it. Tharoor, the MP from Thiruvananthapuram, also said that “it was irresponsible on

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