The rupee slipped to a fresh all-time low against the US dollar on Wednesday, extending its recent losing streak as rising oil prices, overseas debt repayments and importer demand for hedging continued to weigh on the currency.The rupee weakened 0.1% to 95.7450 per dollar, moving past its previous record low of 95.7375 touched on Tuesday.Analysts…
Bengal CM Suvendu Adhikari NEW DELHI: West Bengal chief minister Suvendu Adhikari on Wednesday decided to retain the Bhabanipur seat and vacate Nandigram after winning from both constituencies in the recently concluded West Bengal assembly elections.Suvendu had contested from his stronghold Nandigram as well as Bhabanipur, the constituency long considered a bastion of former chief…
NEW DELHI: The newly formed BJP-led West Bengal government under chief minister Suvendu Adhikari on Wednesday launched a crackdown on illegal toll booths and unauthorised drop gates operating across the state.The directive was issued by chief secretary Manoj Kumar Agarwal, whose appointment had triggered political controversy as he previously served as the state’s chief electoral…
N Rangasamy sworn in as Puducherry CM(Image credit: ANI) NEW DELHI: All India NR Congress (AINRC) leader N Rangasamy on Wednesday took oath as Puducherry chief minister for a fifth term, along with Malladi Krishna Rao of the AINRC and BJP leader A Namassivayam as ministers in the AINRC-led NDA government.Seventy-six-year-old N Rangasamy had earlier…
US president Donald Trump said on Tuesday that Americans’ financial struggles would not influence his approach to negotiations aimed at ending the Iran war, insisting that preventing Iran from obtaining a nuclear weapon remains his main priority.Asked by a reporter to what extent Americans’ financial situation was motivating him to pursue a deal, Trump replied,…
Representative image (ANI) A training aircraft belonging to Red Bird Aviation crash-landed near Baramati airport in Pune district on Tuesday morning after reportedly developing a technical snag during a low-altitude flight, police said. According to Pune Rural Police Superintendent Sandeep Singh Gill, the incident occurred around 8.50 am near Gojubavi village, adjacent to the airport.“Today,…
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Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire linked to the Iran conflict and awaited the outcome of a high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping.As per Reuters, Brent crude futures fell 82 cents, or 0.76%, to $106.95…
NEW DELHI: The government on Wednesday raised import tariffs on gold and silver to 15% from 6%, according to Reuters. The move is aimed at curbing precious metal imports and easing pressure on India’s foreign exchange reserves.The sharp increase in duties comes just days after Prime Minister Narendra Modi urged Indians to avoid buying gold…
NEW DELHI: Petroleum minister Hardeep Singh Puri on Tuesday said public sector oil marketing companies may not be able to sustain daily losses of Rs 1,000 crore from selling petrol and diesel below market price, in a strong indication that pump prices are set to rise in the coming days.“They’re taking a loss to insulate…