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Rupee settles flat at 87.50 against USD after inching close to 88-level in intra-day trade

February 10, 2025
General

Mumbai, Feb 10 (PTI) The rupee on Monday plunged 45 paise and moved closer to the 88 per US dollar-level, weighed down by the strength of the American currency tariff concerns, but settled on a flat note at 87.50 (provisional) on suspected RBI intervention. The American currency gained in the overseas market after US President Donald Trump’s plans to impose 25 per cent tariffs on steel and aluminum imports, along with reciprocal tariffs targeting countries taxing US exports. The move has added jitters over the global trade war with China’s reciprocal duties coming into effect, they said. At the interbank

Sonia Gandhi demands govt to conduct population census at earliest

February 10, 2025
Politics

New Delhi, Feb 10 (PTI) Senior Congress leader Sonia Gandhi on Monday asked the government to complete a population census at the earliest, claiming that around 14 crore people in the country are being deprived of the benefits under the food security law. In her maiden Zero Hour intervention in the Rajya Sabha, Gandhi said beneficiaries under the National Food Security Act (NFSA) are being identified as per the 2011 Census, and not the latest population numbers. The senior Congress leader called the NFSA introduced by the UPA government in September 2013 a landmark initiative aimed at ensuring food and

Rupee plunges 45 paise to hit record low of near 88 against US dollar in early trade

February 10, 2025
Finance

Mumbai, Feb 10 (PTI) The rupee depreciated 45 paise to hit a record low of 87.95 near 88 against the US dollar in early trade on Monday weighed down by the strength of the American currency in the overseas market and a negative trend in domestic equities. Forex traders said the dollar index was quoted at 108 gained after President Donald Trump said he was said to impose new 25 per cent tariffs on all steel and aluminium imports. The move has added jitters over the global trade war with China’s reciprocal duties coming into effect, they said. At the

“Mounting public pressure, Supreme Court investigation forced reckoning” Rahul Gandhi on Biren Singh’s resignation

February 9, 2025
Politics

New Delhi [India], February 9 (ANI): Leader of Opposition Rahul Gandhi on Sunday said that Manipur Chief Minister Biren Singh resigned amid mounting pressure from public, Supreme Court and Congress. Gandhi also accused Biren Singh of “instigating” division in Manipur and blamed PM Narendra Modi for “allowing him to continue.” “For nearly two years, BJP’s CM Biren Singh instigated division in Manipur. PM Modi allowed him to continue despite the violence, loss of life, and the destruction of the idea of India in Manipur,” Rahul Gandhi wrote on X. “The resignation of CM Biren Singh shows that mounting public pressure,

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