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Delhi High Court refuses to recall order directing TMC MP Saket Gokhale to pay Rs 50 lakh damages to ex-diplomat

May 2, 2025
Politics

New Delhi, May 2 (PTI) The Delhi High Court on Friday refused to recall its order directing TMC MP Saket Gokhale to pay damages of Rs 50 lakh to former diplomat Lakshmi Murdeshwar Puri for defamation. Justice Purushaindra Kumar Kaurav also junked Gokhale’s plea to condone a delay of over 180 days in seeking the relief. “We can’t help you. We have to reject both the applications,” the judge said. Justice Kaurav said no explanation was offered for the delay in approaching the court. Puri had approached the high court in 2021, alleging Gokhale tarnished her goodwill and reputation by

Gold rebounds from two-week low; US jobs data in focus

May 2, 2025
Finance

May 2 (Reuters) – Gold gained on Friday as investors rushed to buy the metal a day after its prices hit a two-week low amid receding trade tensions, while the market’s focus shifted to the U.S. non-farm payrolls report due later in the day. Spot gold rose 0.5% to $3,256.51 an ounce, as of 0356 GMT. Gold hit its lowest level since mid-April in the previous session and has lost nearly 2% so far this week, the steepest weekly fall since late February. U.S. gold futures rose 1.3% to $3,265.10. “There have been softening stance (on tariffs) and situation has

Sensex, Nifty surge in early trade on hopes of India-US trade deal, FII buying

May 2, 2025
Finance

Mumbai, May 2 (PTI) Equity benchmark indices Sensex and Nifty surged in early trade on Friday amid optimism surrounding a potential India-US trade deal, record high GST collection in April, and continuous foreign fund inflows. Moreover, a firm trend in global markets also added to the optimism in equities. The 30-share BSE benchmark gauge jumped 500.81 points to 80,743.05 in early trade. The NSE Nifty surged 110.65 points to 24,444.85. Later, the Sensex quoted 816.41 points up at 81,064.47, and the Nifty climbed 222.30 points to 24,556.50. From the Sensex firms, Adani Ports jumped nearly 5 per cent after the

Rupee jumps 77 paise to 83.77 against US dollar in early trade

May 2, 2025
Finance

Mumbai, May 2 (PTI)) The rupee appreciated 77 paise to 83.77 against the US dollar in early trade on Friday, supported by sustained foreign fund inflows and stronger domestic data. Forex traders said GST collections for April were robust at Rs 2.37 lakh crore, an all-time high, reflecting the health of domestic demand. Moreover, a positive trend in domestic equities driven by foreign fund inflows further boosted sentiments. However, caution lingers, as they noted any escalation in tensions between India and Pakistan could swiftly reverse gains and pressurise the rupee, much like past geopolitical episodes. At the interbank foreign exchange,

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