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Rupee declines 4 paise to close at 90.21 against US dollar

Rupee declines 4 paise to close at 90.21 against US dollar

Mumbai, Jan 13 (PTI) The rupee declined 4 paise to close at 90.21 (provisional) against the US dollar on Tuesday, weighed down by higher crude oil prices, a firm American currency and incessant outflow of foreign funds. Analysts said geopolitical tensions and weak equity markets also put pressure on the Indian currency. At the interbank foreign exchange, the rupee opened at 90.24 and touched the intra-day low of 90.30 against the greenback. The currency ended the session at 90.21 (provisional) against the dollar, down 4 paise from its previous close. On Monday, the rupee ended 1 paisa higher at 90.17

Stock markets end lower on foreign fund outflows, selling in blue-chips

Stock markets end lower on foreign fund outflows, selling in blue-chips

Mumbai, Jan 13 (PTI) Equity benchmark indices Sensex and Nifty ended lower on Tuesday after a day’s breather, tracking unabated foreign fund outflows and selling in blue-chip stocks amid global tariff-related concerns. Market sentiment was also sluggish due to a weak start to the earnings season, according to traders. In a volatile trade, the 30-share BSE Sensex dropped 250.48 points, or 0.30 per cent, to settle at 83,627.69. During the day, it declined 615.38 points, or 0.73 per cent, to 83,262.79. The 50-share NSE Nifty edged lower by 57.95 points or 0.22 per cent to 25,732.30. From the 30-Sensex firms,

‘Modi will never succeed in suppressing voice of Tamil people’: Rahul on ‘Jana Nayagan’ row

‘Modi will never succeed in suppressing voice of Tamil people’: Rahul on ‘Jana Nayagan’ row

New Delhi, Jan 13 (PTI) Congress leader Rahul Gandhi on Tuesday alleged that the Centre’s “attempt to block” Vijay-starrer “Jana Nayagan” is an attack on Tamil culture, and said Prime Minister Narendra Modi will never succeed in “suppressing the voice of the Tamil people”. Gandhi’s remarks come on a day he is on a visit to poll-bound Tamil Nadu where the row over actor-turned-politician Vijay’s Tamil film has snowballed into a major issue. The producer of the film approached the Supreme Court, challenging a January 9 interim order of the Madras High Court that stayed a single-judge direction to grant

Silver futures hit new peak of Rs 2.72 lakh/kg on Iran jitters, mounting worries over Fed moves

Silver futures hit new peak of Rs 2.72 lakh/kg on Iran jitters, mounting worries over Fed moves

New Delhi, Jan 13 (PTI) Silver futures soared to yet another record of Rs 2,72,202 per kg on Tuesday, tracking firm global trends, as uncertainties surrounding the US Federal Reserve’s policy stance and escalating tensions in Iran spurred safe-haven demand. On the Multi Commodity Exchange (MCX), silver futures for March delivery jumped by Rs 3,232, or 1.2 per cent, to hit a new record of Rs 2,72,202 per kilogram. In the last two trading sessions, the white metal prices have skyrocketed by Rs 19,477, or 7.7 per cent, from Rs 2,52,725 per kg on Friday. Silver prices surged sharply on

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