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Rupee falls 7 paise to all-time closing low of 88.79 against US dollar

Mumbai, Sep 29 (PTI) Rupee consolidated in a narrow range and settled for the day lower by 7 paise at its all-time closing low of 88.79 (provisional) against US dollar on Monday, on persistent foreign capital outflows and rise in risk-off sentiments. Forex traders said rupee is hovering near its all-time low level as investors remained concerned over global trade uncertainties and impact of US visa fee hike on India’s IT services exports. Moreover, the Reserve Bank of India (RBI) policy meeting outcome on October 1, is expected to influence rupee and government bond movements. At the interbank foreign exchange,

Stock markets close marginally lower in volatile trade ahead of RBI rate decision; fall for 7th day

Mumbai, Sep 29 (PTI) Benchmark stock indices Sensex and Nifty closed marginally lower in a volatile session on Monday, extending their downtrend to the seventh day mainly due to selling in banking shares and persistent foreign fund outflows ahead of the RBI’s interest rate decision later this week. After gyrating between gains and losses in a restricted trade, the 30-share BSE Sensex declined 61.52 points or 0.08 per cent to settle at 80,364.94. During the day, it hit a high of 80,851.38 and a low of 80,248.84. Falling for the seventh consecutive session, the 50-share NSE Nifty slipped 19.80 points

Kargil War veteran’s killing in Ladakh matter of outrage, anguish: Congress

New Delhi, Sep 29 (PTI) The Congress on Monday said it was outrageous that ex-serviceman Tsewang Tharchin, a Kargil War veteran, was among those killed in firing by the security forces in Ladakh. In a post on X, Congress general secretary, in-charge, communications, Jairam Ramesh said Tharchin served at the Siachen Glacier and fought valiantly in the 1999 Kargil War. His father, too, served in the Indian Army, he said. “Tsewang Tharchin was protesting peacefully for Sixth Schedule status for Ladakh. It should be a matter of the deepest anguish and outrage that he was killed along with three others

Kerala Assembly passes unanimous resolution against SIR

Thiruvananthapuram, Sep 29 (PTI) Kerala Assembly on Monday unanimously passed a resolution against the Election Commission of India (ECI)’s move to carry out the Special Intensive Revision (SIR) of voters’ list in the state and urged the poll body to conduct the revision of voters’ list in a transparent manner. The Congress-led UDF opposition, which had already expressed their strong reservations against the SIR, backed the resolution in the House moved by Chief Minister Pinarayi Vijayan. In the resolution, the CM conveyed the concerns of the House about the “hasty move” by the ECI to implement the SIR and suspected

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