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Markets bounce back in early trade after sharp fall in previous session

Mumbai, May 23 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Friday driven by buying in blue-chip IT stocks and a firm trend in Asian equity markets. After a flat start to the trade, the 30-share BSE benchmark gauge Sensex later bounced back and climbed 219.05 points to 81,171.04. The NSE Nifty went up by 111.2 points to 24,720.90. Later, both the benchmark indices extended their rally. The BSE benchmark gauge quoted 411.60 points higher at 81,363.59, and the Nifty traded 145.15 points up at 24,755.75. From the Sensex firms, Eternal, Infosys, HCL Tech, Power Grid, ITC,

Rupee falls 15 paise to 86.10 against US dollar in early trade

Mumbai, May 23 (PTI) The rupee depreciated 15 paise to 86.10 against the American currency in early trade on Friday, as foreign institutional investors continued with their sell-off due to a narrowing bond yield differential. Forex traders said speculation of an RBI rate cut in the upcoming MPC meeting, fuelled by softening food and energy prices, is also weighing on short-term rupee sentiment, even though such a move may bolster growth in the longer-term. At the interbank foreign exchange, the domestic unit opened at 85.95 and fell to 86.10 against the greenback, registering a loss of 15 paise over its

Trump bars Harvard from enrolling foreign students

WASHINGTON, May 23, 2025 (AP) — The Trump administration revoked Harvard University’s ability to enroll international students in its escalating battle with the Ivy League school, saying thousands of current students must transfer to other schools or leave the country. The Department of Homeland Security announced the action Thursday, saying Harvard has created an unsafe campus environment by allowing “anti-American, pro-terrorist agitators” to assault Jewish students on campus. It also accused Harvard of coordinating with the Chinese Communist Party, saying it hosted and trained members of a Chinese paramilitary group as recently as 2024. “This means Harvard can no longer

Bangladesh’s interim govt chief Yunus mulls resignation: Report

Dhaka/New Delhi, May 22 (PTI) Bangladesh’s interim government chief Professor Muhammad Yunus mulls resignation as he finds it difficult to work because political parties failed to reach a common ground, BBC Bangla service reported at midnight on Thursday quoting student-led National Citizen Party chief Nahid Islam. “We have been hearing news of sir’s (Yunus) resignation since this morning. So I went to meet sir to discuss that issue . . . He said he is thinking about it. He feels that the situation is such that he cannot work,” Islam told the BBC Bangla. The NCP convenor said Chief Adviser

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