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Rupee falls 4 paise to fresh low of 88.79 against US dollar

Mumbai, Sep 30 (PTI) The rupee fell 4 paise to an all-time low of 88.79 (provisional) against the US dollar on Tuesday, pressured by sustained foreign capital outflows amid global trade uncertainties. However, a steep fall in global crude oil prices, along with a weaker greenback, prevented a sharp decline in the local unit, according to forex traders. The markets are also awaiting the Reserve Bank of India’s (RBI’s) Monetary Policy Committee decision, which will be announced on Wednesday. At the interbank foreign exchange, the rupee opened at 88.73 against the dollar and traded in the range of 88.69-88.80 before

Stock markets go south for 8th session on relentless foreign fund outflows; Sensex falls 97 pts

Mumbai, Sep 30 (PTI) Benchmark indices Sensex and Nifty closed lower on Tuesday after a volatile session, marking the eighth consecutive session of southward movement due to relentless foreign fund outflows and caution ahead of the RBI’s interest rate decision. Giving up early gains, the 30-share BSE Sensex declined 97.32 points or 0.12 per cent to settle at 80,267.62. During the day, it hit a high of 80,677.82 and a low of 80,201.15. In eight trading days, the Sensex has tanked 2,746.34 points or 3.30 per cent. The 50-share NSE Nifty fell by 23.80 points or 0.10 per cent to

Hamas says it will study Trump’s peace plan before responding

WASHINGTON, September 30, 2025 (AP) — Hamas said Tuesday it will discuss U.S. President Donald Trump’s peace plan for Gaza within the group and with other Palestinian factions before responding. Israeli Prime Minister Benjamin Netanyahu has already thrown his support behind it but it’s unclear whether Hamas will agree or when it would give its response. The proposal demands that Hamas effectively surrender and disarm in return for an end to fighting, humanitarian aid for Palestinians and the promise of reconstruction in Gaza — all desperately hoped for by the population in the devastated territory where the death toll in

Trump visa curbs push U.S. firms to consider shifting more work to India

BENGALURU/HYDERABAD, Sept 30 (Reuters) – Donald Trump’s H-1B visa crackdown, opens new tab will hasten U.S. firms’ shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and industry insiders say. The world’s fifth-largest economy is home to 1,700 GCCs, or more than half the global tally, having outgrown its tech support origins to become a hub of high-value innovation in areas from design of luxury car dashboards to drug discovery. Trends such as growing adoption of artificial intelligence and increasing curbs on visas are pushing

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