Latest News

Rupee settles at record low of 95.73 against US dollar

Mumbai, May 14 (PTI) The rupee weakened further and fell to a record low of 95.73 (provisional) against the US dollar on Thursday, amid a strong dollar and worries over inflation amid elevated energy prices. Forex traders said the rupee is expected to trade with a negative bias amid inflation concerns and the strength of the US dollar in the overseas market. The West Asia crisis and the blockade of the Strait of Hormuz have disrupted crude petroleum imports into India. Also, the sharp rise in crude prices has made fuel imports costlier. The rupee has become the worst-performing currency

Accept Congress decision to appoint Satheesan as Kerala CM: Venugopal

New Delhi/Thiruvananthapuram, May 14 (PTI) Congress general secretary K C Venugopal on Thursday said he accepts the party’s decision to name V D Satheesan as the chief minister of Kerala, and extended all support to him and the UDF government in the state. Speaking to reporters in New Delhi, Venugopal, who was one of the three persons being considered for the post, said he wholeheartedly congratulated Satheesan. He further said that he had right from the start made it clear that he would accept the Congress decision whatever it may be as the party is everything for him. “So, that

India’s wholesale inflation quickens to 3-1/2-year high of 8.3% as energy costs soar

NEW DELHI, May 14 (Reuters) – India’s wholesale price inflation ‌rose unexpectedly to 8.3% in April, the fastest pace in three-and-a-half years, government data showed on Thursday, in the first signs of the Middle East conflict’s impact on Asia’s third-largest economy. The print, ​driven by the energy shock due to the weeks-long Iran war, could ​mount pressure on New Delhi to raise retail fuel prices that ⁠have been kept unchanged despite the global crude and gas surge since the war ​started. While Prime Minister Narendra Modi has asked citizens to curtail imports and fuel usage, government ​and central bank officials

EC announces roll out of SIR phase-3 in 16 states, 3 UTs

New Delhi, May 14 (PTI) The Election Commission on Thursday announced the roll out of the SIR (Special Intensive Revision) of electoral rolls in 16 states and three union territories in a phased manner beginning May 30. The states and UTs where the SIR will be carried out are Delhi, Odisha, Mizoram, Sikkim, Manipur, Uttarakhand, Andhra Pradesh, Arunachal Pradesh, Haryana, Chandigarh, Telangana, Punjab, Karnataka, Meghalaya, Maharashtra, Jharkhand, Nagaland, Tripura, Dadar and Nagar Haveli and Daman and Diu. Schedule for SIR in Himachal Pradesh and Jammu and Kashmir and Ladakh will be announced later keeping in view weather conditions in snow-bound

1 … 4 5 6 7 8 … 1,388