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Rupee slumps 32 paise to all-time low of 89.85 against US dollar in early trade

Mumbai, Dec 2 (PTI) The rupee depreciated 32 paise to an all-time low of 89.85 against the US dollar in early trade on Tuesday, weighed down by the broad strength of the American currency in overseas markets and persistent foreign fund outflows. Forex traders said strong dollar demand from corporates, importers and foreign portfolio investors pressurised the rupee. Moreover, elevated crude oil prices further dented investor sentiments. At the interbank foreign exchange, the rupee opened at 89.70 against the US dollar before dropping to record low level of 89.85 , down 32 paise from its previous close. On Monday, the

Equity markets decline in early trade dragged by bank stocks, foreign fund outflows

Mumbai, Dec 2 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by blue-chip bank stocks and persistent foreign fund outflows. After scaling record high level in the previous intra-day session, the 30-share BSE Sensex fell by 380.02 points to 85,261.88 during initial trade. The 50-share NSE Nifty declined by 98.3 points to 26,077.45. From the Sensex firms, HDFC Bank, ICICI Bank, Axis Bank, Adani Ports, Tata Motors Passenger Vehicles and Eternal were among the biggest laggards. However, Asian Paints, Bharti Airtel, Infosys and Bajaj Finance were among the gainers. Foreign Institutional Investors (FIIs) offloaded equities

Gold surges Rs 3,040 to Rs 1.33 lakh/10g amid strong global cues, weak US dollar

New Delhi, Dec 1 (PTI) Gold prices surged by Rs 3,040 to Rs 1,33,200 per 10 grams in the national capital on Monday, tracking strong global trends and a weak US dollar, according to the All India Sarafa Association. Analysts said sustained jewellery demand amid the ongoing wedding season supported the precious metal. The precious metal of 99.5 per cent purity zoomed by Rs 3,040 to Rs 1,32,600 per 10 grams (inclusive of all taxes). Gold is now inching closer to its all-time high of Rs 1,34,800 per 10 grams (99.9 per cent purity) and Rs 1,34,200 per 10 grams

Bangladesh’s ousted PM Hasina and her British lawmaker niece both found guilty of corruption

DHAKA, Bangladesh, December 1, 2025 (AP) — A court in Bangladesh’s capital sentenced ousted Prime Minister Sheikh Hasina to five years in prison and her niece, British Labour Party lawmaker Tulip Siddiq, to two years in prison on Monday for corruption involving a government land project. Rabiul Alam, the judge of Dhaka’s Special Judge’s Court, said Hasina misused her power as prime minister while Siddiq was guilty of corruptly influencing her aunt in helping her mother and two siblings get a land plot in a government project. Siddiq’s mother, Sheikh Rehana, was given seven years in prison and was considered

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