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Delhi Gymkhana club ordered to move, sparking debate on India’s elites

NEW DELHI, May 26 (Reuters) – One of India’s most exclusive private clubs founded during British colonial rule ‌risks closure after the government ordered it to vacate the prime New Delhi site it has occupied for more than a century, triggering a legal battle and debate over elite privilege. The Delhi Gymkhana Club, operating since 1913, sits beside ​the current residence of the prime minister in the heart of India’s capital. It is spread across ​a vast compound of stately bungalows and manicured lawns, with teakwood interiors, leather-upholstered ⁠sofas and walls hung with large paintings. The club and the government

Rupee falls 47 paise to close at 95.73 against US dollar

Mumbai, May 26 (PTI) The rupee depreciated 47 paise to close at 95.73 (provisional) against the US dollar on Tuesday, on renewed geopolitical tensions in West Asia and a rise in crude oil prices. Forex traders said a strong US dollar and weak domestic markets also pressured the rupee. At the interbank foreign exchange market, the rupee opened at 95.43 against the US dollar, and touched an intra-day high of 95.33 and a low of 95.76 against the American currency. At the end of Tuesday’s close, the rupee was quoted at 95.73 (provisional), down 47 paise from its previous closing.

Stock markets snap 2-day rally to end lower amid spike in oil prices; Sensex drops 480 pts

Mumbai, May 26 (PTI) Market benchmark indices Sensex and Nifty ended lower in a volatile trade on Tuesday following a spike in crude oil prices amid reports of fresh US military operations in southern Iran. The 30-share BSE Sensex declined 479.26 points, or 0.63 per cent, to settle at 76,009.70. During the day, it tanked 579.28 points, or 0.75 per cent, to 75,909.68. The 50-share NSE Nifty dropped 118 points, or 0.49 per cent, to end at 23,913.70. From the Sensex firms, Bharti Airtel, Trent, Tata Consultancy Services, Bajaj Finance, Titan and HDFC Bank were among the biggest laggards. In

Employees’ body urges Centre to restructure Joint Consultative Machinery platform

New Delhi, May 26 (PTI) An employees’ association has urged the Centre to restructure the Joint Consultative Machinery (JCM), the platform for dialogue between the government and its staff, to make it more representative of present-day administrative realities. The All India National Public Services Employees Federation (AINPSEF), an umbrella body that claims to have the support of over 13 lakh government employees of central and state government departments, Union Territories, and other organisations, has written to Union Minister of State for Personnel Jitendra Singh in support of the demand. In the letter, AINPSEF national president Manjeet Singh Patel said the

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