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UN human rights chief urges US to uphold international law in immigration crackdown

GENEVA, Jan 23 (Reuters) – The U.N. human rights chief urged the Trump administration on Friday to ensure that its migration policies respect individual rights and international law, citing concerns over arbitrary and unlawful arrests and detentions. “Individuals are being surveilled and detained, sometimes violently including at hospitals, churches, mosques, courthouses, markets, schools, and even within their own homes, often solely on mere suspicion of being undocumented migrants,” the United Nations High Commissioner for Human Rights, Volker Turk, said in a statement. U.S. President Donald Trump’s immigration crackdown has seen some 3,000 heavily armed masked federal officers deployed to the

Silver, gold hit lifetime highs on weak dollar, Fed rate easing hopes

New Delhi, Jan 23 (PTI) Gold and silver prices rallied on Friday to hit fresh lifetime highs in the futures trade, tracking record gains in international markets amid a weakening US dollar and rising expectations of interest rate cuts by the Federal Reserve. On the Multi Commodity Exchange (MCX), the March contract of silver soared by Rs 12,638, or nearly 4 per cent, to scale a new peak of Rs 3,39,927 per kg. Silver futures in the previous session on Wednesday had touched a record high of Rs 3,35,521 per kg. Gold also scaled a fresh lifetime high, advancing for

RBI to inject over $23 billion of liquidity into banking system

MUMBAI, Jan 23 (Reuters) – The RBI (Reserve Bank of India) on Friday unveiled measures to inject more than $23 billion liquidity into the banking system through a combination of bond purchases, buy/sell FX swaps and repos. Under Governor Sanjay Malhotra, the RBI has stepped up liquidity injections over the past year to reinforce its rate cuts and to manage the impact RBI’s market interventions to support the rupee have on banking system liquidity. The RBI will conduct a 90-day variable rate repo (VRR) operation for 250 billion rupees ($2.7 billion) on January 30, making it the maiden 90-day cash

Rupee hits all-time low against US dollar: Aaditya targets Centre, ‘speechless’ BJP

Mumbai, Jan 23 (PTI) Shiv Sena (UBT) leader Aaditya Thackeray on Friday slammed the Union government over the rupee hitting a new low against the US dollar and said the BJP is speechless when it comes to giving an explanation on the issue. The rupee dropped to a new low and is one of the worst performing currencies in the world now, Thackeray said. “The Union Government of the BJP, and its members that once created national panic at Rs 40 against the dollar, doesn’t even bother to explain to the citizens at 91.99 against the dollar. Or simply left

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