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Rupee falls 15 paise to 85.34 against US dollar in early trade

Mumbai, Apr 23 (PTI) Rupee depreciated 15 paise to 85.34 against the US dollar in early trade on Wednesday, after the American currency recovered supported by Donald Trump’s softened stance — particularly towards the Federal Reserve and against China. Forex traders said the market found support after Trump on Tuesday backed off from threats to fire FED Chair Jerome Powell after days of intensifying criticism against him for not cutting rates. Trump also signalled the possibility of lower tariffs against China. The dollar index rose to 99.28, while the US 10-year bond yield was slightly lower at 4.34 per cent.

Trump says he has ‘no intention’ of firing Federal Reserve chair

WASHINGTON, April 23, 2025 (AP) — President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff. “I have no intention of firing him,” Trump told reporters. The U.S. president had previously insinuated otherwise as he said he could fire Powell if he wanted to, having been frustrated by the Fed putting a pause on cuts to short-term interest rates. Powell has said that Trump’s tariffs are creating uncertainty about slower growth

Pahalgam attack: Rahul Gandhi speaks with Shah, J&K CM; says families of victims deserve justice

New Delhi, Apr 22 (PTI) Leader of Opposition Rahul Gandhi on Wednesday said he had spoken with Home Minister Amit Shah, Jammu and Kashmir Chief Minister Omar Abdullah and Congress’ J&K unit president Tariq Karra about the horrific Pahalgam terror attack to get an update on the situation. Gandhi asserted the families of victims deserve justice and our fullest support. “Spoke with HM Amit Shah, J&K CM Omar Abdullah, and J&K PCC President Tariq Karra about the horrific Pahalgam terror attack. Received an update on the situation,” the former Congress chief said in a post on X. The families of

Serve people with integrity, compassion: Rahul Gandhi to successful UPSC candidates

New Delhi, Apr 22 (PTI) Congress leader Rahul Gandhi on Tuesday congratulated the successful candidates of the UPSC civil services exam and urged them to carry the responsibility of serving people with integrity, compassion and commitment to justice. “Congratulations to all the candidates who have successfully cleared the UPSC Civil Services Examination 2024. “You now carry both the honour and the responsibility of serving the people of India. May you do so with integrity, compassion, and a commitment to justice. My best wishes as you embark on this important journey of public service,” he said in a post on X.

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