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Rupee falls 28 paise to 95.64 against US dollar in early trade

Mumbai, Jun 3 (PTI) The rupee depreciated 28 paise to 95.64 against the US dollar in early trade on Wednesday, after the US Trade Representative proposed 12.5 per cent additional duties on India and 53 other countries over forced labour import violations. Forex traders said the US Trade Representative’s action, amid fresh hostilities and stalled talks between the US and Iran, weighed on investor sentiment. At the interbank foreign exchange market, the rupee opened at 95.43 against the US dollar, then touched 95.64 in early trade, down 28 paise from its previous close. On Tuesday, the rupee depreciated 17 paise

Shivakumar to be sworn in as CM of Karnataka

Bengaluru, Jun 3 (PTI) State Congress President D K Shivakumar will be sworn in as the chief minister of Karnataka on Wednesday, along with some ministers, in a ceremony planned at Lok Bhavan here. The 64-year-old Vokkaliga strongman, who was elected as leader of the Congress Legislature Party in Karnataka on May 30, will be administered the oath of office and secrecy by Governor Thaawarchand Gehlot at 4.05 pm at Lok Bhavan’s Glass House. Though it is not officially known how many ministers will take oath on Wednesday in the first phase, sources suggest that 12 to 14 may be

Rubio is optimistic on eventual Iran nuclear talks despite congressional skepticism

WASHINGTON, June 3, 2026 (AP) — Secretary of State Marco Rubio said Tuesday that he is optimistic about the potential for a resumption in nuclear talks with Iran despite a shaky ceasefire in the war that is looking increasingly in doubt. Rubio defended the Trump administration’s approach to Iran and other global hotspots in back-to-back hearings before the Senate Foreign Relations Committee and a House Appropriations subcommittee. He was briefly disrupted by protesters at each session. In his first public testimony since the Iran war began at the end of February, Rubio said the Iranians have agreed to negotiate on

Bangladesh’s foreign minister defeats Cyprus’ ambassador to be UN General Assembly president

UNITED NATIONS, June 3, 2026 (AP) — Bangladesh’s Foreign Minister Khalilur Rahman won a hotly contested race Tuesday to be the next president of the 193-member United Nations General Assembly. In a secret-ballot vote, Rahman defeated Cyprus’ Ambassador Andreas Kakouris 99-91, with three countries not voting. He will succeed Germany’s former Foreign Minister Annalena Baerbock, whose one-year term ends in September. The presidency of the world body rotates by region and this year it was the Asia-Pacific region’s turn. While the presidency of the General Assembly is largely ceremonial, it is also prestigious. It is the U.N. organ where countries

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