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Rupee rises 51 paise to 86.17 against US dollar in early trade

Mumbai, Apr 11 (PTI) The rupee rose sharply by 51 paise against the US dollar to 86.17 in early trade on Friday amid a strong opening in the domestic equity markets, a weakening greenback, and decline in oil prices. The rise in the local unit comes a day after US President Donald Trump suspended the additional 26 per cent tariffs on India till July 9. At the interbank foreign exchange, the domestic unit opened at 86.22 against the US dollar, up 46 paise from the previous close, before rising further to 86.17. The rupee had closed at 86.68 against the

Modi govt didn’t initiate Rana’s extradition, merely benefited from diplomacy begun under UPA: Congress

New Delhi, Apr 10 (PTI) With Mumbai terror attack accused Tahawwur Rana being extradited from the US, the Congress Thursday said the Modi government did not initiate the process, instead it benefited from the “mature, consistent and strategic diplomacy” that begun under the UPA. Congress leader and former Home Minister P Chidambaram said the government did not secure any breakthrough to make the extradition possible, nor is it the result of any grandstanding. Chidambaram added that it was a testament to what the Indian state can achieve when diplomacy, law enforcement and international cooperation are pursued sincerely and without any

Nitish Kumar should be made Deputy PM, says Ashwini Choubey

Patna, Apr 10 (PTI) Senior BJP leader and former Union Minister Ashwini Kumar Choubey on Thursday voiced a “personal” opinion that Bihar Chief Minister Nitish Kumar should be made the Deputy Prime Minister. Talking to reporters here, the BJP leader, who had served in Kumar’s Cabinet before moving to the Centre, said he wanted to see the JD(U) supremo as the second Deputy PM from Bihar, after the late Jagjivan Ram. “Nitish Kumar’s contribution to the NDA is tremendous. He has been strengthening the hands of Prime Minister Narendra Modi by playing the role of an anchor in the coalition.

Apple airlifts 600 tons of iPhones from India ‘to beat’ Trump tariffs, sources say

NEW DELHI, April 10 (Reuters) – Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India, after it stepped up production there in an effort to beat President Donald Trump’s tariffs, sources told Reuters. The details of the push provide an insight into the U.S. smartphone company’s private strategy to navigate around the Trump tariffs and build up inventory of its popular iPhones in the United States, one of its biggest markets. Analysts have warned that U.S. prices of iPhones could surge, given Apple’s high reliance

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