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Ajit Pawar too ‘power-hungry’ to quit government: Maharashtra Congress chief Sapkal

Mumbai, Nov 13 (PTI) Maharashtra Congress president Harshwardhan Sapkal on Thursday hit out at Deputy Chief Minister Ajit Pawar, facing Opposition heat over a now scrapped land deal involving his son’s firm, and said he is “too power-hungry” to quit the ruling alliance. Sapkal claimed internal rifts within the state’s “triple-engine” Mahayuti government, which consists of the BJP, Shiv Sena and Ajit Pawar-led NCP, have intensified. “The ruling partners are divided but united only for power. Ajit Pawar cannot stay away from office, so stepping down is out of the question,” the MPCC president told reporters after a two-day meeting

Gold surges Rs 3,000 to Rs 1.30 lakh/10g amid firm global cues, weak dollar

New Delhi, Nov 13 (PTI) Gold prices surged Rs 3,000 to Rs 1,30,900 per 10 grams in the national capital on Thursday tracking firm global cues and weak dollar, according to the All India Sarafa Association. Traders said the end of US government’s shutdown also supported the appeal of the safe-haven asset. The precious metal of 99.5 per cent purity extended its gains for the third straight day, jumping Rs 3,000 to Rs 1,30,300 per 10 grams (inclusive of all taxes) from Wednesday’s closing of Rs 1,27,300 per 10 grams. In the local bullion market, gold of 99.9 per cent

Rupee falls 6 paise to close at 88.68 against US dollar

Mumbai, Nov 13 (PTI) The rupee consolidated in a narrow range and settled for the day lower by 6 paise at 88.68 (provisional) against the US dollar on Thursday, as foreign fund outflows and continuous dollar demand from local importers, including oil companies, exerted pressure on the local currency. Forex traders said rupee is trading in a tight range, as overnight decline in crude oil prices and renewed optimism over US-India trade talks providing a steady anchor and restricted the downfall. At the interbank foreign exchange, the rupee opened at 88.66 against the US dollar and touched an intra-day high

Stock markets end with marginal gains amid volatile trade, foreign fund outflows

Mumbai, Nov 13 (PTI) Stock markets’ three-day rally fizzled out with benchmark indices Sensex and Nifty ending on a flat note amid a choppy trade on Thursday as lacklusture sentiment across global equity markets fuelled the outflow of foreign capital. After oscillating between gains and losses during the day, the 30-share BSE barometer Sensex ended with a slight gain of 12.16 points, or 0.01 per cent, at 84,478.67. During the session, it touched a high of 84,919.43 and a low of 84,253.05. The broader NSE Nifty closed the session in green with just 3.35 points, or 0.01 per cent, higher

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