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Rupee hits new record low; slumps 24 paise to 90.56/USD

Mumbai, Dec 12 (PTI) The rupee depreciated 24 paise to a new record low of 90.56 against US dollar in early trade on Friday, as uncertainty over the India-US trade deal and persistent foreign fund outflows dented investors’ sentiments. Forex traders said rupee is under pressure largely due to aggressive dollar purchases from importers amid surging global prices for precious metals. At the interbank foreign exchange, the rupee opened at 90.43 against the US dollar, then fell further to 90.56 against the greenback, registering a fall of 24 paise from its previous close. On Thursday, the rupee had plunged 38

Stock markets rally in early trade; Sensex jumps over 400 points

Mumbai, Dec 12 (PTI) Stock market benchmark indices Sensex and Nifty surged in early trade on Friday, extending their previous session’s rally, in-tandem with a positive global trends amid a rate cut by the US Federal Reserve. The 30-share BSE Sensex climbed 402.99 points to 85,221.12 during early trade. The 50-share NSE Nifty jumped 115.3 points to 26,013.85. From the Sensex firms, Larsen & Toubro, Tata Steel, Bajaj Finance, UltraTech Cement, Axis Bank and Bharat Electronics were among the major gainers. However, Tech Mahindra, ITC, Infosys, HCL Tech and Hindustan Unilever were the laggards. In Asian markets, South Korea’s Kospi,

Japan issues tsunami advisory after 6.7 magnitude quake in country’s northeast

TOKYO, December 12, 2025 (AP) — Japan on Friday issued a tsunami advisory after a 6.7 magnitude earthquake shook the country’s northeast, according to the Japan Meteorological Agency. Damage and injuries weren’t immediately clear. Friday’s quake followed a 7.5 magnitude earthquake earlier this week in the north that caused injuries, light damage and a tsunami in Pacific coastal communities. At least 34 people were injured in that earlier quake on Monday off the coast of Aomori, the northernmost prefecture of Japan’s main Honshu island.

Former Union minister Shivraj Patil passes away at 90

Latur, Dec 12 (PTI) Senior Congress leader and former Union Home Minister Shivraj Patil passed away at his home town Latur in Maharashtra on Friday morning. Patil, 90, passed away at his residence ‘Devghar’ after a brief illness, family sources said. He is survived by his son Shailesh Patil, daughter-in-law Archana, who is a BJP leader, and two granddaughters. The Congress leader was Union Home Minister from 2004 to 2008 and the 10th Speaker of the Lok Sabha from 1991 to 1996. He was the Governor of Punjab and also served as Administrator of the Union Territory of Chandigarh from

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