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Rupee plunges 52 paise to close at 87.70 against US dollar

Mumbai, Aug 4 (PTI) The rupee depreciated 52 paise to close at 87.70 (provisional) against the US dollar on Monday, as sustained foreign fund outflows and trade tariff uncertainties dented investors’ sentiment. Forex traders said US President Donald Trump’s tariffs triggered fresh concerns over a much wider disruption in the global trade landscape. The domestic currency declined during the day on demand for dollars from Oil Marketing Companies (OMCs). At the interbank foreign exchange, the domestic unit opened at 87.21 against the greenback, touching an intra-day low of 87.70 against the American currency. At the end of Monday’s trading session,

Remarks against Army: Supreme Court stays proceedings against Rahul Gandhi

New Delhi, Aug 4 (PTI) If you are a true Indian, you wouldn’t say such a thing, the Supreme Court remarked on Monday while slamming Congress leader Rahul Gandhi over his alleged derogatory remarks about the Indian Army during his Bharat Jodo Yatra. The top court, however, stayed proceedings against Gandhi before a Lucknow court in the matter. A bench of Justices Dipankar Datta and Augustine George Masih issued notice to the Uttar Pradesh government and the complainant in the case. “You are Leader of Opposition. Say things in Parliament, why do you have say it on social media? “How

Vietnam automaker Vinfast opens factory in India, eyeing growth in Asia

THOOTHUKUDI, India, August 4, 2025 (AP) — Vietnam’s Vinfast on Monday began production at a $500 million electric vehicle plant in southern India’s Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India’s most industrialized states, Vinfast hopes it will be a hub for future exports to the region. It says the factory will create more than 3,000 local jobs. The Vietnamese

A year after a bloody uprising, Bangladesh is far from political stability

DHAKA, Bangladesh, August 4, 2025 (AP) — Abdur Rahman Tarif was talking to his sister Meherunnesa over the phone when the voice on the other end of the call suddenly fell silent. In that moment, Tarif knew something bad had happened. He rushed home, dodging the exchange of fire between security forces and protesters on the streets of Dhaka. When he finally arrived, he discovered his parents tending to his bleeding sister. A stray bullet had hit Meherunnesa’s chest while she was standing beside the window of her room, Tarif said. She was taken to a hospital where doctors declared

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