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Supporters of Bangladesh’s ex-PM Khaleda Zia rally to call for a general election

May 28, 2025
Politics

DHAKA, Bangladesh, May 28, 2025 (AP) — Tens of thousands of students and youths from a leading Bangladeshi political party rallied in the capital, Dhaka, on Wednesday, calling for a general election in December as discontent grows with the interim government appointed after the ouster of former prime minister Sheikh Hasina in August. Activists from three groups linked to the Bangladesh Nationalist Party, or BNP, headed by former prime minister Khaleda Zia gathered on the streets outside its party headquarters, under heightened security. Wednesday’s rally was held after weeks of political tensions after interim leader and Nobel Peace laureate Muhammad

Rupee settles flat 85.40 against US dollar

May 28, 2025
Finance

Mumbai, May 28 (PTI) The rupee pared losses and settled on a flat note at 85.40 (provisional) against the US dollar in a volatile trade on Wednesday amid rising crude oil prices and a negative trend in domestic equities. Forex traders said increased month-end dollar demand added strength to the American currency, keeping the local unit under pressure, while investors also moved cautiously awaiting cues from domestic macroeconomic data. India’s industrial production data for April will be released later in the day, while the GDP growth figures for the first quarter of FY26 are scheduled to be announced on Friday.

Stock markets close lower for 2nd day; Sensex down 239 pts as ITC tanks over 3 pc

May 28, 2025
Finance

Mumbai, May 28 (PTI) Stock markets declined for the second straight day on Wednesday with benchmark Sensex falling by 239 points dragged by losses in FMCG major ITC. The 30-share BSE barometer declined 239.31 points or 0.29 per cent to settle at 81,312.32. During the day, it lost 307.61 points or 0.37 per cent to 81,244.02. The 50-issue NSE Nifty dropped 73.75 points or 0.30 per cent to close at 24,752.45. Analysts said the key indices remained largely range-bound ahead of the monthly expiry on Thursday and the release of GDP and industrial production data. FMCG, auto, and pharma shares

Gold climbs Rs 500 to Rs 99,000/10 g; silver rallies Rs 1,000/kg

May 28, 2025
Finance

New Delhi, May 28 (PTI) Gold prices climbed Rs 500 to Rs 99,000 per 10 grams in the national capital on Wednesday amid a firm trend in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity rose Rs 500 to Rs 98,500 per 10 grams (inclusive of all taxes). Also, silver prices rallied Rs 1,000 to Rs 1,00,000 per kg (inclusive of all taxes) on Wednesday. The metal had declined Rs 1,370 to Rs 99,000 per kg in the previous market session. Globally, spot gold increased by USD 23.16 per ounce

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