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Cyberabad police advises IT firms to adopt work from home due to heavy rain alert

Hyderabad, Sep 26 (PTI) The Cyberabad police on Friday issued an advisory to IT companies here to consider the work from home option for their employees to avoid traffic congestion, following the heavy rainfall alert issued by the India Meteorological Department. According to the Met Department weather bulletin, moderate to heavy rains or thundershowers accompanied by gusty winds ( 40 to 50 KMPH) are very likely to occur in the city on Friday and Saturday. It expects water pooling on roads and in low-lying areas. The Met Department predicted heavy to very heavy rainfall at isolated places in Adilabad, Komaram

Equity markets trade lower in early dragged by pharma stocks, relentless foreign fund outflows

Mumbai, Sep 26 (PTI) Equity benchmark indices Sensex and Nifty declined in early trade on Friday dragged by pharma stocks and relentless foreign fund outflows. US H-1B visa fee concerns and a weak trend in global markets also added to the bearish trend in domestic equities. “Investor attention will squarely be on the domestic pharma sector after the Trump Administration announced a 100 per cent tariff on imports of branded or patented pharmaceutical products effective October 1. This tariff action comes close on the heels of the steep hike in US H-1B visa fees, which has already triggered heavy selling

Rupee recovers from all-time low, rises 6 paise to 88.70 against US dollar in early trade

MUMBAI, Sep 26 (PTI) The rupee rebounded from its all-time low, rising 6 paise to 88.70 against the US dollar in early trade on Friday amid a weaker greenback and hopes of an India-US trade deal breakthrough. However, FII outflows, coupled with a rise in international crude oil prices limited gains for the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 88.72 before rising to 88.70, higher by 6 paise from its previous close. The rupee had slipped 1 paisa to close at a fresh lifetime low of 88.76 against the American currency

Congress leader Rahul Gandhi spotted at pizza restaurant in Gurugram

Gurugram, Sep 25 (PTI) Leader of Opposition in Lok Sabha and senior Congress leader Rahul Gandhi was spotted at a pizza restaurant in Gurugram’s Galleria Market on Tuesday night. According to a Congress leader, this was a surprise visit, and only a few party leaders were aware of it. Haryana Congress spokesperson Manish Khatana said Rahul spent about 45 minutes in the restaurant and interacted with staff, too, during the visit. He later left for Delhi. Rahul, as per Khatana, said not only Gurugram, but the whole Haryana state is lagging behind in terms of development due to the BJP’s

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