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Rupee, bonds to rely on RBI to protect record low, key yield level

November 10, 2025
Finance

MUMBAI, Nov 10 (Reuters) – The Indian rupee and government bonds will yet again count on market interventions by the RBI (Reserve Bank of India) this week, to help keep the currency above its record low and protect the benchmark bond from falling sharply. The rupee closed at 88.66 against the U.S. dollar, up 0.1% on the week, supported by multiple dollar-selling interventions by the central bank. Lacklustre foreign portfolio flows, persistent dollar demand from local importers and renewed strength in the greenback have proven to be headwinds for the rupee over the last few weeks. Traders expect the currency

Top BBC bosses resign after criticism of the broadcaster’s editing of a Trump speech

November 10, 2025
Retirement

LONDON, November 10, 2025 (AP) — The head of the BBC and the British broadcaster’s top news executive both resigned Sunday after criticism of the way the organization edited a speech by U.S. President Donald Trump. The BBC said Director-General Tim Davie and news CEO Deborah Turness had both decided to leave the corporation. Britain’s publicly funded national broadcaster has been criticized for editing a speech Trump made on Jan. 6, 2021, before protesters attacked the Capitol in Washington. Critics said the way the speech was edited for a BBC documentary last year was misleading and cut out a section

Trump says US to boycott G20 in South Africa, repeating allegations about treatment of white farmers

November 8, 2025
Politics

WASHINGTON, November 8, 2025 (AP) — President Donald Trump said Friday that no U.S. government officials would be attending the Group of 20 summit this year in South Africa, citing the country’s treatment of white farmers. Trump had already announced he would not attend the annual summit for heads of state from the globe’s leading and emerging economies. Vice President JD Vance had been scheduled to attend in Trump’s place, but a person familiar with Vance’s plans who was granted anonymity to talk about his schedule said Vance would no longer travel there for the summit. “It is a total

US Senate rejects bill to restore federal worker pay, remains at odds over shutdown

November 8, 2025
Politics

WASHINGTON, Nov 8(Reuters) – The U.S. Senate on Friday rejected legislation that would resume paychecks for hundreds of thousands of federal workers during the longest shutdown in U.S. history, as Democrats and Republicans remained at odds over how to reopen the government. The measure received 53 yes votes to 43 no votes in the Republican-controlled chamber, short of the 60 yes votes it needed to advance. Most Democrats voted against the bill and argued it would give too much discretion to Republican President Donald Trump, who has opted to pay military troops and immigration officers during the shutdown while threatening

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