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‘Irresponsible, builds media narrative’: Supreme Court miffed over selective release of AI plane crash report

New Delhi, Sep 22 (PTI) The Supreme Court on Monday termed as “unfortunate and irresponsible” the selective publication of a preliminary report on the June 12 Air India crash which outlined lapses on the part of pilots and paved way for a “media narrative”. A bench of Justices Surya Kant and N Kotiswar Singh, which issued notices to the Centre and the Directorate General of Civil Aviation (DGCA) on the aspect of an independent, fair and expeditious probe of the crash, said an element of privacy and dignity of families of victims was also involved. It took note of certain

Gold surges Rs 2,200 to hit fresh high of Rs 1,16,200/10 g in Delhi as strong global cues drive rally

Mumbai, Sep 22 (PTI) Gold prices surged Rs 2,200 to hit a fresh peak of Rs 1,16,200 per 10 grams in the national capital on Monday buoyed by strong global cues as investors awaited key commentary from US Fed officials for policy direction. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 1,14,000 per 10 grams on Friday. In the local bullion market, gold of 99.5 per cent purity rallied Rs 2,150 to hit a record high of Rs 1,15,650 per 10 grams (inclusive of all taxes). It had settled

Rupee falls 15 paise to close at 88.31 against US dollar

Rupee hits record low

Mumbai, Sep 22 (PTI) The rupee depreciated 15 paise to close at 88.31 (provisional) against the US dollar on Monday, as investors weighed Trump’s H-1B visa fee hike impact on Indian remittances amid heightened risk-averse sentiment. Forex traders said the recent hike in H-1B visa fees could contribute to equity outflows from the Indian IT sector in the near term, and could also exert pressure on the Indian rupee. At the interbank foreign exchange, the rupee opened at 88.20, then touched an intra-day low of 88.34 and a high of 88.12 against the greenback. The domestic unit finally settled at

Sensex, Nifty plummet as H-1B visa fee shock hits IT stocks

Mumbai, Sep 22 (PTI) Benchmark equity indices Sensex and Nifty ended sharply lower on Monday, dragged by IT stocks amid concerns over the US President Donald Trump’s decision to raise H-1B visa fees to USD 1,00,000 per worker. Also, selling in blue-chip Reliance Industries took the markets down. Falling for the second day in a row, the 30-share BSE Sensex dropped 466.26 points or 0.56 per cent to settle at 82,159.97. During the day, it tanked 628.94 points or 0.76 per cent to 81,997.29. The 50-share NSE Nifty declined 124.70 points or 0.49 per cent to 25,202.35. From the Sensex

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