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Stock markets decline in early trade amid relentless foreign fund outflows

Mumbai, Feb 11 (PTI) Market benchmark indices Sensex and Nifty declined in early trade on Tuesday amid unabated foreign fund outflows and fresh US tariffs that ignited trade war fears. Declining for the fifth day running, the 30-share BSE benchmark Sensex dropped 201.06 points to 77,110.74 in initial trade. The NSE Nifty declined 79.55 points to 23,302.05. From the 30-share blue-chip pack, Power Grid, Zomato, Tata Motors, UltraTech Cement, Bajaj Finserv, Sun Pharma, Kotak Mahindra Bank and Tata Steel were the biggest laggards. Infosys, HCL Tech, Maruti and ITC were among the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth

Congress MPs gives notice for adjournment motions in Lok Sabha over price rise, Manipur crisis

New Delhi [India], February 11 (ANI): Congress Lok Sabha MP Vijay Kumar alias Vijay Vasanth on Tuesday gave notice to move a motion for the adjournment of the Business of the House in the House seeking a discussion to control the price rise. In his notice, Vijay Kumar said that the continuous rise in the prices of essential goods, especially milk, vegetables, cooking oils, und other daily-use items is affecting millions of ordinary citizens across India. “The rising cost of living has become a significant burden for the common man, and despite the budget 2025 and ongoing policy discussions, the

Rupee rises 61 paise to 86.84 against US dollar in early trade

Mumbai, Feb 11 (PTI) The rupee gained 61 paise to 86.84 against the US dollar in early trade on Tuesday, after nearing closer to 88-level on Monday, amid high volatility as heightened trade war fears have created widespread economic uncertainty, significantly impacting global currency markets. The sharp depreciation in the rupee was driven primarily by the threats of reciprocal tariffs and additional protectionist measures that have strained global supply chains, deepening concerns over prolonged economic disruption, forex traders said. At the interbank foreign exchange, the rupee opened at 87.45 against the greenback, then touched 86.84 against the American currency in

Judge finds Trump administration hasn’t fully followed his order to unfreeze federal spending

WASHINGTON, February 11, 2025 (AP) — A federal judge found Monday that the Trump administration hasn’t fully followed his order to unfreeze federal spending and told the White House to release billions of dollars in funding. The Trump administration quickly appealed the ruling. U.S. District Court Judge John McConnell became the first judge to find that the administration had disobeyed a court order. Federal money for things like early childhood education, pollution reduction and HIV prevention research has remained tied up even after his Jan. 31 order blocking a planned halt on federal spending, he found. McConnell ordered the Trump

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