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Rupee falls 55 paise to breach 87 level against USD as Trump tariff triggers trade war fears

February 3, 2025
Finance

Mumbai, Feb 3 (PTI) The rupee plunged 55 paise to close at an all-time low of 87.17 (provisional) against the US dollar on Monday, as global market sentiments were impacted after the Trump administration slapped tariffs on Canada, Mexico and China. Forex traders said the Indian rupee touched a fresh all-time low on a surge in the US Dollar index and weak global markets after Trump Tariffs on Canada Mexico, and China triggered fears of a broad trade war. Donald Trump slapped Canada and Mexico with 25 per cent duties and China with a 10 per cent duty. At the

Indian shares tumble as trade war shockwaves reach Mumbai

February 3, 2025
Finance

Feb 3 (Reuters) – Indian shares dropped on Monday after U.S. President Donald Trump imposed sweeping tariffs on Canada, Mexico and China, spurring concerns of a broader trade war. The Nifty 50 was down 0.52% at 23,361.05, while the BSE Sensex shed 0.41% to 77,186.74. Asian and European stock markets slumped as Trump’s tariffs triggered fears of a hit to global growth. Ten of the 13 major domestic equity sectors declined on the day, while the domestically focussed smallcaps and midcaps lost 2.1% and 0.9%, respectively. The Indian rupee weakened past 87 per U.S. dollar for the first time as

Rupee plunges 67 paise to hit all-time record low of 87.29 against US dollar in early trade

February 3, 2025
Finance

Mumbai, Feb 3 (PTI) The rupee depreciated 67 paise to hit record low of 87.29 against the US dollar in early trade on Monday after Trump Tariffs on Canada Mexico and China triggered fears of a broad trade war. Donald Trump slapped Canada and Mexico with 25 per cent duties and China with a 10 per cent duty, The move was the first strike in what could usher a destructive global trade war, forex traders said. The rupee continued to face pressure due to sustained foreign fund outflows and the broad strength of the American currency in the overseas markets

Pistachios could help you get a better sleep

February 3, 2025
Health

The Pistachios are gaining attention for their potentially high ‘melatonin’ content, a hormone crucial for regulating sleep. A 2014 study found that one 100-gram serving contained around 23mg of melatonin – significantly more than what many drug-based melatonin supplements offer. But various experts, including those at Healthline, suggest that more research is needed in the topic, amidst ambiguity over previous testing methods used. “While your body naturally produces melatonin, it can also be found in supplements and foods,” nutrition specialists at the site advise. “Although more research is needed on exactly how much melatonin is found in pistachios, many other

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