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Rupee falls 10 paise to close at 89.98 against US dollar

January 1, 2026
Finance

Mumbai, Jan 1 (PTI) The rupee depreciated 10 paise to close at 89.98 (provisional) against the US dollar on Thursday, the first trading session of 2026, as sustained foreign fund outflows and a negative trend in domestic equities dented investor sentiments. Forex traders said the USD/INR pair traded in a tight range, as support from easing crude oil prices was offset by a positive tone in the US dollar index and foreign fund outflows. The Indian rupee declined on the first day of the year, after registering a 5 per cent slump in 2025, as significant fund outflows kept dollar

Stock market ends first trading session of 2026 on flat note; ITC biggest drag

January 1, 2026
Finance

Mumbai, Jan 1 (PTI) Equity benchmark indices Sensex and Nifty ended flat on the first trading session of 2026, as massive selling in ITC stocks and foreign fund outflows diminished the initial enthusiasm. The 30-share BSE Sensex dipped 32 points or 0.04 per cent to settle at 85,188.60 on Thursday. During the day, it hit a high of 85,451.70 and a low of 85,101.52, fluctuating 350.18 points. The 50-share NSE Nifty went up marginally by 16.95 points or 0.06 per cent to end at 26,146.55. From the 30-Sensex firms, ITC tanked 9.69 per cent, following Bajaj Finance, Asian Paints, Bharat

Zohran Mamdani sworn in as New York City mayor at historic subway station

January 1, 2026
Politics

NEW YORK, January 1, 2026 (AP) — Zohran Mamdani became mayor of New York City just after midnight Thursday, taking the oath of office at an historic, decommissioned subway station in Manhattan. Mamdani, a Democrat, was sworn in as the first Muslim leader of America’s biggest city, placing his hand on a Quran as he took his oath. “This is truly the honor and the privilege of a lifetime,” Mamdani said in a brief speech. The ceremony, administered by New York Attorney General Letitia James, a political ally, took place at the old City Hall station, one of the city’s

Cities around the world welcome 2026 with thunderous fireworks and heightened security

January 1, 2026
General

MELBOURNE, Australia, January 1, 2026 (AP) — From Paris to Dubai to Sydney, crowds began ringing in the new year with exuberant celebrations filled with thunderous fireworks or jet skis, while others took a more subdued approach. A countdown to midnight was projected onto the Arc de Triomphe in Paris and Russians celebrated in snowy Moscow. In Japan, temple bells rang and some climbed mountains to see the year’s first sunrise and a light show with somersaulting jet skis twinkled in Dubai. In Rio de Janeiro, revelers packed more than 4 kilometers (2 1/2 miles) of the city’s Copacabana Beach

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