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Nepal in grip of crisis as PM Oli resigns following massive anti-government protests

Kathmandu, Sep 9 (PTI) Nepal reeled under a serious political crisis on Tuesday as Prime Minister KP Sharma Oli resigned in the face of massive anti-government protests with the demonstrators attacking private residences of several high-profile leaders, headquarters of political parties and even vandalising the parliament, a day after 19 people died in police action against the agitators. The students-led protests appeared to reflect the growing public anger with the Oli dispensation over a range of issues including a ban on social media and inaction against alleged corruption as the protesters, defying curfews and heavy deployment of security forces, resorted

Gold surges Rs 5,080 to hit fresh peak of Rs 1.12 lakh/10 g in Delhi

New Delhi, Sep 9 (PTI) Gold prices skyrocketed by Rs 5,080 to hit an all-time high of Rs 1,12,750 per 10 grams in the national capital on Tuesday in line with strong global trends. The precious metal prices have added Rs 33,800 per 10 grams or nearly 43 per cent in the current calendar year, climbing from Rs 78,950 per 10 grams on December 31, 2024. According to the All India Sarafa Association, gold of 99.9 per cent purity had closed at Rs 1,07,670 per 10 grams on Monday. Silver prices also surged by Rs 2,800 to hit a record

Rupee falls 3 paise to close at 88.12 against US dollar

Mumbai, Sep 9 (PTI) The rupee pared initial gains to settle 3 paise lower at 88.12 (provisional) against the US dollar on Tuesday, tracking persistent foreign portfolio outflows and global trade tensions. Forex traders said the rupee remained under pressure on worries over US tariffs on India and global trade uncertainties. Moreover, sustained foreign fund outflows also dented investor sentiments. At the interbank foreign exchange, the rupee opened at 87.98 against the US dollar and touched an intraday low level of 88.19 before ending the session at 88.12 (provisional), down 3 paise from its previous close. On Friday, the rupee

Sensex rises by 314 pts on rebound in IT & FMCG stocks, US Fed rate cut hopes

Mumbai, Sep 9 (PTI) Benchmark Sensex rose by 314 points and Nifty closed above 24,850 on Tuesday following a rebound in IT and FMCG shares and hopes of a rate cut by the US Federal Reserve later this month. Rising for the second day in a row, the 30-share BSE Sensex climbed 314.02 points or 0.39 per cent to settle at 81,101.32. During the day, it surged 394.07 points or 0.48 per cent to 81,181.37. Rising for the fifth consecutive day, the 50-share NSE Nifty rose by 95.45 points or 0.39 per cent to 24,868.60. Among Sensex firms, Infosys jumped

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