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Rupee rises 19 paise to 87.20 against US dollar in early trade

Mumbai, Aug 19 (PTI) The rupee appreciated 19 paise to 87.20 against the US dollar in early trade on Tuesday, reflecting the optimism around domestic reforms and equities, though external risks remain elevated. Forex traders said the rupee is holding firm at current levels, tracking the recent rally in domestic equities after sweeping tax reforms announced by PM Narendra Modi. Moreover, suspected RBI intervention and cautious optimism around the Ukraine-Russia conflict supported investors’ sentiments. At the interbank foreign exchange market, the rupee opened at 87.24 against the US dollar, then touched 87.20, registering a gain of 19 paise over its

Stock markets continue to rally on GST reforms bid

Mumbai, Aug 19 (PTI) Equity benchmark indices climbed in early trade on Tuesday, extending their previous day’s sharp rally, as optimism prevailed in the market buoyed by plans for big bang reforms in the GST regime by Diwali. The 30-share BSE Sensex climbed 203.44 points to 81,477.19 in early trade. The 50-share NSE Nifty went up by 53.4 points to 24,930.35. From the Sensex firms, Reliance Industries, Bharti Airtel, Adani Ports, NTPC, Titan and Infosys were the major gainers. However, Bajaj Finance, Bharat Electronics, Mahindra & Mahindra and HCL Tech were among the laggards. “The policy initiatives from the government

Trump begins planning for Putin-Zelenskyy meeting while affirming US help with security guarantees

WASHINGTON August 19, 2025 (AP) — President Donald Trump said Monday he’s begun arrangements for a face-to-face meeting between Vladimir Putin and Volodymyr Zelenskyy to discuss a pathway to end Russia’s invasion of Ukraine, while affirming that the U.S. would back European security guarantees aimed at preventing Moscow from reinvading its neighbor once the current conflict ends. Details of the security guarantees and Trump’s efforts to arrange peace talks were still evolving as an extended meeting among Trump, Zelenskyy and other European leaders wrapped up at the White House. But as they emerged from their talks, the leaders expressed guarded

Rahul warns CEC, 2 ECs of stern action when INDIA bloc forms govt; says whole country will ask for affidavit from them

Gaya Ji (Bihar), Aug 19 (PTI) Asserting that “vote chori” is an attack on ‘Bharat Mata’, Congress leader Rahul Gandhi on Monday warned the chief election commissioner and the two election commissioners of stern action when the INDIA bloc forms government. Intensifying his attack on the Election Commission, Gandhi also said the whole country would ask the poll body for an affidavit and if given time, his party would bring out the “vote chori” in every assembly and Lok Sabha constituency. The fresh attack on the EC by the Congress leader came a day after CEC Gyanesh Kumar served a

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