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Rupee falls 15 paise to 88.65 against US dollar in early trade

Mumbai, Nov 12 (PTI) The rupee depreciated 15 paise to 88.65 against the dollar in early trade on Wednesday, weighed down by elevated crude oil prices and foreign fund outflows. Forex traders said renewed optimism over the India-US trade deal supported the domestic unit at lower levels. At the interbank foreign exchange, the rupee opened at 88.61 against the US dollar before dropping to 88.65, down 15 paise from its previous close. On Tuesday, the rupee had settled at 88.50 against the US dollar. Forex traders said the MSCI Review may result in positive foreign fund inflows. Global index provider

Markets climb in early trade on firm global cues, India-US trade deal optimism

Mumbai, Nov 12 (PTI) Equity benchmark indices in stock markets Sensex and Nifty climbed in early trade on Wednesday driven by buying in blue-chips Reliance Industries, Infosys and Bharti Airtel amid firm global cues. Besides, traders said that optimism over an impending India-US trade deal also supported the investors’ sentiment. The 30-share BSE Sensex benchmark increased by 464.66 points, or 0.55 per cent, to 84,335.98 in early trade. The 50-share NSE Nifty appreciated by 134.70 points, or 0.52 per cent, to 25,829.65. Among the Sensex firms, Tata Consultancy Services, Eternal, Bajaj Finserv, Tech Mahindra, Infosys, Bharti Airtel, Bajaj Finance, HCL

US Supreme Court extends its order blocking full SNAP payments, with shutdown potentially near an end

WASHINGTON, November 12, 2025 (AP) — The US Supreme Court on Tuesday extended an order blocking full SNAP payments, amid signals that the government shutdown could soon end and food aid payments resume. The order keeps in place at least for a few more days a chaotic situation. People who depend on the Supplemental Nutrition Assistance Program to feed their families in some states have received their full monthly allocations, while others have received nothing. The order, which is three sentences long and comes with no explanation on the court’s thinking, will expire just before midnight Thursday. The Senate has

Gold, silver rally on Fed rate cut hopes, US shutdown resolution

New Delhi, Nov 11 (PTI) Gold and silver prices rallied in the futures trade on Tuesday tracking firm global trends amid easing concerns over the US government shutdown and growing expectations of a rate cut by the Federal Reserve in its December meeting. On the Multi Commodity Exchange (MCX), gold futures for December delivery extended the gains for the fourth consecutive day appreciating Rs 725, or 0.58 per cent to Rs 1,24, 695 per 10 grams. Similarly, the February 2026 contract for the yellow metal futures surged by Rs 736, or 0.59 per cent to Rs 1,26,101 per 10 grams.

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