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Rupee settles 10 paise higher at 87.21 against US dollar

Mumbai, Mar 11 (PTI) The rupee recovered from steep losses and settled with a gain of 10 paise at 87.21 (provisional) against the US dollar on Tuesday as the American currency index fell to its four-month low level and crude oil prices also stayed subdued. A volatile trend in domestic equity markets and outflow of foreign capital amid fear of recession in the US and trade-related uncertainties restricted the recovery in the local currency, forex traders said. At the interbank foreign exchange, the rupee opened at 87.37 and touched the day’s low of 87.39 against the greenback. The unit also

No peace in Manipur at gunpoint, urge PM to visit state: Congress Leader Gaurav Gogoi

New Delhi, Mar 11 (PTI) Congress leader Gaurav Gogoi on Tuesday said the Centre has failed to bring peace at gunpoint in Manipur and urged Prime Minister Narendra Modi to visit the state and listen to the apprehensions and concerns of the people. Initiating a discussion on the supplementary demands for grants, excess grants and the Manipur budget, he asserted that peace cannot be restored in the northeastern state at the barrel of gun and only a political solution was the way out. Gogoi, the Deputy Leader of the Congress in Lok Sabha, said the Manipur budget should have been

BJP MP loses temper in Lok Sabha, opposition takes swipe

New Delhi, Mar 11 (PTI) A BJP MP lost his cool inside the Lok Sabha with Parliamentary Affairs Minister Kiren Rijuju rushing to him to calm him down as he shouted at his party colleagues. Andaman and Nicobar MP Bishnu Pada Ray lost his temper and his ire appeared to be primarily directed at BJP chief whip Sanjay Jaiswal. As he started shouting sitting on the treasury benches, members’ attention turned towards him. Rijiju rushed to him and tried to calm him down. Ray appeared agitated over his request over certain issues not being entertained. BJP MP Jagdambika Pal also

US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector

BENGALURU, India, March 11, 2025 (AP) — President Donald Trump’s decision to freeze a law banning business bribes overseas could offer Indian tycoon Gautam Adani, one of Asia’s richest people, a reprieve from American corruption allegations linked to a major solar project in India. U.S. prosecutors allege that one of Adani’s companies duped investors by hiding that its project was backed by a $265 million bribery scheme. The case now may be reviewed, and enforcement of any potential decision against it is uncertain. Whatever its fate, the case has highlighted vulnerabilities in India’s solar sector that are hindering its capacity

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