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Rupee rises 21 paise to 85.34 against US dollar in early trade

Mumbai, Jul 4 (PTI) The rupee appreciated 21 paise to 85.34 against the US dollar in early trade on Friday as Asian currencies, including the rupee gained ground on renewed hopes of trade deals with the US. Forex traders said, US President Donald Trump announced a trade agreement with Vietnam, and that injected a dose of optimism that perhaps more such agreements could be in the pipeline before the crucial July 9 deadline. The optimism spilled over into broader Asian forex sentiment, giving the rupee some fresh momentum. At the interbank foreign exchange, the domestic unit opened at 85.44 against

Markets inch higher in opening session; later turn flat amid volatile trends

Mumbai, Jul 4 (PTI) Benchmark indices Sensex and Nifty inched higher in opening trade on Friday amid buying in bank stocks and a rally in the US markets, but later turned flat as investors stayed on the sidelines ahead of India’s upcoming trade deal with the US. The 30-share BSE Sensex went up by 67.34 points to 83,306.81 in opening trade. The 50-share NSE Nifty inched higher by 23.55 points to 25,428.85. Later, both the key indices faced volatile trends and were trading flat. The BSE benchmark quoted 13.55 points down at 83,221.65, and the Nifty traded 4.15 points lower

Dalai Lama, god-king for Tibetan Buddhists, will have a successor. That decision is consequential

DHARAMSHALA, July 4, 2025, India (AP) — The Dalai Lama has often called himself a simple monk, but millions of his Tibetan Buddhist followers have worshipped him for decades as a near deity. They also see him as the face of Tibet’s aspirations for greater autonomy, but have for years wrestled with the idea that he might be the last person to hold the role. He put that speculation to rest Wednesday, just days before he turns 90 on Sunday. There will be a successor after his death, he announced, and the Dalai Lama’s office will lead the search and

The House gives final approval to Trump’s big tax bill in a milestone for his second-term agenda

WASHINGTON, July 4, 2025 (AP) — House Republicans propelled President Donald Trump’s big multitrillion-dollar tax breaks and spending cuts bill to final passage Thursday in Congress, overcoming multiple setbacks to approve his signature second-term policy package before a Fourth of July deadline. The tight roll call, 218-214, came at a potentially high political cost, with two Republicans joining all Democrats opposed. GOP leaders worked overnight and the president himself leaned on a handful of skeptics to drop their opposition. Democratic leader Hakeem Jeffries of New York delayed voting for more than eight hours by seizing control of the floor with

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