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Rupee slips 29 paise to 87.95 against US dollar in early trade

A man counts Indian rupee currency notes inside a shop in New Delhi, India. (Photo: Reuters)

Mumbai, Aug 5 (PTI) The rupee depreciated 29 paise to 87.95 against the US dollar in early trade on Tuesday, a tad above the crucial 88/USD level, after US President Donald Trump’s latest salvos targeting India. Forex traders said the Indian rupee was under pressure and may continue to remain under pressure during this week after Trump said he may announce higher tariffs for India for continuing to buy Russian oil. In a fresh trade threat against India, President Donald Trump on Monday said he will “substantially” raise US tariffs on New Delhi, accusing it of buying massive amounts of

Stock markets decline in early trade dragged down by Oil & Gas shares, foreign fund outflows

Mumbai, Aug 5 (PTI) Equity benchmark indices Sensex and Nifty declined in initial trade on Tuesday, dragged down by selling in oil & gas shares and persistent foreign fund outflows. Investor sentiment was further dampened after US President Donald Trump threatened to impose higher tariffs on India over its purchases of Russian oil. The 30-share BSE Sensex declined by 315.03 points or 0.39 per cent to 80,703.69 in early trade. The 50-share NSE Nifty went lower by 41.80 points or 0.17 per cent to 24,680.95. Among the Sensex firms, BEL, HDFC Bank, Reliance Industries, ICICI Bank, Infosys, Hindustan Unilever, Adani

Why do I feel so emotional when I listen to music from my teenage years?

Sydney, Aug 5 (The Conversation) Deep in your memory, your brain has created a playlist of music from your teenage years. Even though life has moved on, hearing that music now likely still brings up some really powerful emotions. Why? Well, as with anything to do with the brain and with emotions, it’s hard to say for sure. But it’s likely a bit to do with evolution, and a bit to do with some key neurological changes that occur in the teenage years. Imagine the world of a prehistoric teenager Changing hormones supercharge the limbic system, which is the emotional

Modi and Trump once called each other good friends. Now the US-India relationship is getting bumpy

NEW DELHI, August 5, 2025 (AP) — The men shared bear hugs, showered praise on each other and made appearances side by side at stadium rallies — a big optics boost for two populist leaders with ideological similarities. Each called the other a good friend. In India, the bonhomie between Prime Minister Narendra Modi and U.S. President Donald Trump was seen as a relationship like no other. That is, until a series of events gummed up the works. From Trump’s tariffs and India’s purchase of oil from Russia to a U.S. tilt toward Pakistan, friction between New Delhi and Washington

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