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Rupee falls 7 paise to settle at 85.60 against US dollar

Mumbai, Jun 12 (PTI) The rupee declined 7 paise to close to 85.60 (provisional) against the US dollar on Thursday amid a steep fall in the domestic equity markets and a rise in global crude oil prices. However, a weaker dollar against major currencies capped the losses, forex traders said. At the interbank foreign exchange, the rupee opened at 85.43 against the US dollar and traded in the range of 85.43-85.65 before closing at 85.60 (provisional), down 7 paise from its previous close. The local unit had settled at 85.53 on Wednesday. “The Indian rupee fell today (Thursday) after rising

Indian-origin physician Mukkamala sworn in as American Medical Association president

New York, Jun 12 (PTI) Indian-origin physician Bobby Mukkamala has been sworn in as the 180th president of the American Medical Association, becoming the first physician of Indian heritage to lead the organisation. Mukkamala, an otolaryngologist — an ear, nose, and throat specialist — took the oath on Tuesday, according to a statement by the association. Mukkamala has been active in the AMA since residency and is chair of the organisation’s Substance Use and Pain Care Task Force. He was diagnosed with an 8-cm brain tumour last November. “A few months ago, I didn’t know if this night would even

India slips to 131st position in Global Gender Gap Index 2025

New Delhi, Jun 12 (PTI) India has ranked 131 out of 146 countries in the World Economic Forum’s Global Gender Gap Report 2025, slipping two places from its position last year. With a parity score of just 64.1 per cent, India is among the lowest-ranked countries in South Asia, according to the report released on Thursday. India ranked 129 last year. The Global Gender Gap Index measures gender parity across four key dimensions: Economic Participation and Opportunity, Educational Attainment, Health and Survival, and Political Empowerment. The Indian economy’s overall performance improved in absolute terms by +0.3 points. “One of the

Gold climbs on rising Middle East tensions, weaker dollar

June 12 (Reuters) – Gold prices rose on Thursday, bolstered by rising tensions in the Middle East and a weaker dollar, while softer-than-expected U.S. inflation data boosted expectations of Federal Reserve rate cuts. Spot gold was up 0.7% at $3,375.06 an ounce, as of 0343 GMT. U.S. gold futures gained 1.5% to $3,395. The U.S. dollar index fell to a near two-month low, making greenback-priced bullion more attractive to overseas buyers. The weakness in the dollar index serves as a strong catalyst, said Kelvin Wong, a senior market analyst, Asia Pacific at OANDA, adding that a “bullish breakout” of the

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