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Rupee falls 7 paise to close at 86.71 against US dollar

February 21, 2025
Finance

Mumbai, Feb 21 (PTI) The rupee pared initial gains and settled 7 paise lower at 86.71 (provisional) against the U.S. dollar on Friday (February 21, 2025), weighed down by sustained foreign fund outflows and a recovery in the American currency index. Forex traders said the Indian rupee declined on Friday (February 21, 2025) on weak domestic markets and a recovery in the U.S. dollar index. However, weak crude oil prices cushioned the downside. At the interbank foreign exchange, the rupee opened on a positive note at 86.50 against the greenback. During the session it pared the gains and fell to

Markets continue to fall for 4th day dragged by auto stocks, foreign fund outflows

February 21, 2025
Finance

Mumbai, Feb 21 (PTI) Equity benchmark indices Sensex and Nifty ended lower on Friday (February 21, 2025), dragged by auto stocks and relentless foreign fund outflows. Weak U.S. markets and tariff threats also dented investor sentiment. The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56% to settle at 75,311.06. During the day, it tanked 623.55 points or 0.82% to 75,112.41. The NSE Nifty declined 117.25 points or 0.51% to 22,795.90. In four trading days, the BSE bellwether gauge tumbled 685.8 points or 0.90% while the Nifty declined 163.6 points or 0.71%. From the Sensex pack, Mahindra & Mahindra tanked

Not personal matter but one of country: Rahul on PM Modi’s remarks to US press

February 21, 2025
Politics

Rae Bareli (UP), Feb 21 (PTI) Leader of Opposition in Lok Sabha Rahul Gandhi on Friday hit out at Prime Minister Narendra Modi over his remarks to the US press on the controversy involving Adani Group, saying it was not a “personal matter” but one about the country. Gandhi made the remarks while addressing youths at an event in the Lalganj area during the second day of his visit to his parliamentary constituency. He was referring to PM Modi’s media interaction during his recent US visit when he was quizzed about discussions with US President Donald Trump and the ongoing

Did USAID’s $21m fund for voter turnout really donate to India?

February 21, 2025
Politics

New Delhi, February 21, 2025: Despite widespread reports, neither Elon Musk, chief of the United States Department of Government Efficiency (DOGE) nor US President Donald Trump has provided evidence that USAID (United States Agency for International Development) gave India $21m for voter turnout. The Election Commission of India has not responded, but former chief election commissioner SY Qureshi on Sunday denied receiving such funding during his tenure, which ran from 2010 to 2012. “The report in a section of Media about an MoU by ECI in 2012 when I was CEC , for funding of certain million dollars by a

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