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C P Radhakrishnan takes oath as 15th Vice President of India

New Delhi, Sep 12 (PTI) Chandrapuram Ponnusamy Radhakrishnan was on Friday sworn in as the 15th Vice President of India. President Droupadi Murmu administered oath to the 67-year-old Radhakrishnan at a brief ceremony at the Rashtrapati Bhavan this morning. Dressed in a red kurta, Radhakrishnan took oath in English in the name of God. Radhakrishanan won the vice presidential election on Tuesday, defeating the joint opposition nominee B Sudershan Reddy by a margin of 152 votes. The election was necessitated due to the sudden resignation of the then incumbent, Jagdeep Dhankhar, on July 21 over health issues. Dhankhar also attended

Stock markets trade higher tracking rally in global peers on US Fed rate cut hopes

Mumbai, Sep 12 (PTI) Equity benchmark indices Sensex and Nifty climbed in early trade on Friday in-tandem with a global market rally amid rising hopes that the US Federal Reserve will cut interest rates next week. The 30-share BSE Sensex climbed 287.93 points to 81,836.66 in early trade. The 50-share NSE Nifty rallied 84.25 points to 25,089.75. From the Sensex firms, Infosys climbed 1.50 per cent after the IT services giant said its board has approved the company’s largest-ever share buyback programme worth Rs 18,000 crore. Tata Motors, Maruti, Mahindra & Mahindra, Axis Bank and Larsen & Toubro were also

Rupee falls 7 paise to 88.42 against US dollar in early trade

Mumbai, Sep 12 (PTI) The rupee witnessed range-bound trading in moring deals on Friday and depreciated 7 paise to 88.42 against the US dollar, as tariff-led pressure on India’s exports and sustained foreign fund outflows dented investors sentiments. Forex traders said the domestic unit is hovering around its all-time low level amid a recovery in the US dollar index and persistent foreign fund outflows. Dollar demand from importers and ongoing tariff issues between India and US also pressurised the rupee, they said. At the interbank foreign exchange market, the rupee opened at 88.39, then lost ground and touched an early

Nepal’s former chief justice Karki likely to be appointed interim PM, source says

KATHMANDU, Sept 12 (Reuters) – Nepal’s former chief justice, Sushila Karki, is likely to be appointed as interim prime minister, a source aware of the talks told Reuters on Friday, after intense anti-graft protests led to the resignation of K.P. Sharma Oli. The Himalayan nation’s worst upheaval in years, which killed 34 people last week and injured more than 1,300 as police fought to control crowds, was sparked by a social media ban, now rolled back. The violence subsided only after Oli resigned. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news.

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