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US lawmakers write to Indian envoy seeking ‘fair and timely’ trial for activist Umar Khalid

New York, Jan 2 (PTI) A group of American lawmakers has written a letter to Indian Ambassador to the US Vinay Kwatra, urging a “fair and timely” trial for activist Umar Khalid in “accordance with international law.” US Representatives Jim McGovern and Jamie Raskin are among eight lawmakers who have expressed concern regarding the “prolonged pre-trial detention of individuals charged in connection with the February 2020 violence in Delhi,” including Khalid.  In a related development, New York City Mayor Zohran Mamdani has written a note for Khalid, recalling his words on “bitterness” and the importance of not letting it “consume

Gold climbs Rs 1,100 to Rs 1.39 lakh per 10g in Delhi markets

New Delhi, Jan 2 (PTI) Gold prices climbed Rs 1,100 to Rs 1,39,440 per 10 grams in the national capital on Friday amid firm trends in international markets, according to the marketmen. Silver prices also surged by Rs 4,000 to Rs 2,41,400 per kilogram (inclusive of all taxes). In the international market, spot gold increased by USD 67.47, or 1.56 per cent, to USD 4,392.94 per ounce. Spot gold is trading with a gain of over 1 per cent at USD 4,390. As the move lacks any clear reason behind it, the rationale could be rate cut expectations by the

Rupee slips past 90/USD level, settles 22 paise down at 90.20 against US dollar

Mumbai, Jan 2 (PTI) The Indian rupee slipped below the 90-mark and settled the day lower by 22 paise at 90.20 (provisional) against the US dollar on Friday, amid disappointing macroeconomic data and strengthening of the American currency in overseas markets. Forex traders said persistent foreign fund outflows and strong dollar demand from importers further dented investor sentiment. However, weak crude oil prices and a surge in the domestic equities cushioned the downside, they said, adding that any intervention by the RBI may support the rupee at lower levels. At the interbank foreign exchange, the local unit opened at 89.95

Nifty hits record intra-day high; Sensex jumps 573 points on gains in metal, banking stocks

Mumbai, Jan 2 (PTI) Equity benchmark index Nifty hit its lifetime peak before closing 182 points higher on Friday, and the BSE Sensex jumped 573 points, powered by strong buying in power, banking and metal stocks. Unabated capital infusion by domestic institutional investors amid a sharp rally in Asian peers also supported the domestic stock market, traders said. Charting out a firm trend, the 30-share BSE Sensex climbed 573.41 points or 0.67 per cent to settle at 85,762.01. During the day, it jumped 623.67 points, or 0.73 per cent, to 85,812.27. The 50-share NSE Nifty went up by 182 points,

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