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Rupee falls 6 paise to 86.17 against US dollar in early trade

Mumbai, Jun 16 (PTI) Rupee declined 6 paise to 86.17 against the U.S. dollar in early trade on Monday (June 16, 2025) as global crude oil prices continued to surge amid escalating tensions in the Middle East. A strong dollar against international currencies and FII outflows further pressured the rupee, while a positive opening at the domestic equity market and an increase in the country’s forex reserves prevented further losses, according to forex traders. At the interbank foreign exchange, the local unit opened at 86.16 before falling further to 86.17 against the greenback, down 6 paise from its previous close.

Markets rebound in early trade after two days of slump

Mumbai, Jun 16 (PTI) Equity benchmark indices Sensex and Nifty rebounded in early trade on Monday tracking a rally in Asian markets after two days of sharp decline. The 30-share BSE Sensex climbed 288.79 points to 81,407.39 in early trade. The 50-share NSE Nifty went up by 98.9 points to 24,817.50. From the 30-Sensex firms, Power Grid, UltraTech Cement, Bharti Airtel, Larsen & Toubro, Asian Paints, NTPC, Tata Consultancy Services and Infosys were among the biggest gainers. Tata Motors, Axis Bank, Adani Ports and Kotak Mahindra Bank were among the laggards. In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225

Air India crash probe focuses on engine, flaps; India orders safety checks on 787 fleet

AHMEDABAD, India, June 13 (Reuters) – The investigation into the Air India plane crash that killed more than 240 people is focusing on the engine, flaps and landing gear, a source said on Friday, as the aviation regulator ordered safety checks on the airline’s entire Boeing-787 fleet. The Boeing 787-8 Dreamliner with 242 people on board bound for Gatwick Airport south of London began losing height moments after take-off over a residential area of the western city of Ahmedabad and erupted in a huge fireball as it hit buildings below, CCTV footage showed. Only one passenger survived and local media

Air India’s sole crash survivor narrates his escape

NEW DELHI, June 13, 2025 (AP) — The lone passenger who survived the Air India crash that killed 241 people onboard couldn’t believe he was alive when he opened his eyes, surrounded by flames, debris and charred bodies. The British national of Indian origin, Viswash Kumar Ramesh, was headed to London when the flight crashed minutes after taking off from India’s northwestern city of Ahmedabad on Thursday afternoon. It was one of India’s worst aviation disasters and the first crash for a Boeing 787-8 Dreamliner since the widebody, twin-engine planes went into service in 2009, according to the Aviation Safety

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