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Rupee slumps 29 paise to 73.32 against US dollar in early trade

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The rupee depreciated 29 paise to 73.32 against the US dollar in opening trade on Thursday tracking muted domestic equities and strengthening American currency. At the interbank forex market, the rupee opened on a weak note at 73.23, then fell further to 73.32, registering a fall of 29 paise over its last close. The rupee depreciated 16 paise to close at 73.03 against the US dollar on Wednesday. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.07 per cent to 92.91. Forex…

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NEWS CATEGORIES WORLD NEWS 

Biden: Trump ignores pandemic, stokes unrest, solves neither

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Joe Biden is calling the struggle to reopen US schools amid the coronavirus a national emergency and accusing President Donald Trump of turning his back to instead stoke passions about unrest in America’s cities. The Democratic presidential nominee’s broadsides came a day ahead of his own trip to Kenosha, Wisconsin, where Biden said he wants to help heal a city reeling from another police shooting of a Black man. The wounding of Jacob Blake and subsequent demonstrations have made the political battleground state a focal point for debate over police…

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NATIONAL NEWS NEWS CATEGORIES 

Account linked to PM Narendra Modi’s personal website hacked, later restored: Twitter

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Twitter on Thursday said the account linked to Prime Minister Narendra Modi’s personal website was hacked, and it has now been restored. “We’re aware of this activity and have taken steps to secure the compromised account. We are actively investigating the situation. At this time, we are not aware of additional accounts being impacted. Advice on keeping your account secure can be found here,” a Twitter spokesperson said in an emailed statement. The compromised account has about 2.5 million followers. After hacking the @narendramodi_in Twitter account, which is the Prime…

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LEGAL NEWS NEWS CATEGORIES 

Banks free to restructure loans, but can’t penalise borrowers availing moratorium benefit, SC told

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Banks are free to restructure loans but they cannot penalise honest borrowers by charging interest on deferred EMI payments under the moratorium scheme during the COVID-19 pandemic, a petitioner opposing the move said in the Supreme Court on Wednesday. A bench headed by Justice Ashok Bhushan, which commenced final hearing on a batch of pleas raising the issue of interest on instalments deferred under the scheme during the moratorium period, was told that paying interest on interest is a double whammy for borrowers. Senior counsel Rajiv Dutta, appearing for the…

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NEWS CATEGORIES SPORTS 

Matthew McConaughey to lead podcast series ‘Hank the Cowdog’

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Oscar winner Matthew McConaughey has teamed up with his “Mud” director Jeff Nichols for podcast series “Hank the Cowdog”. According to The Hollywood Reporter, the actor will be lending his voice to the titular character dog and also serve as an executive producer. The project, which is based on John R Erickson’s children’s book series of the same name, hails from Tri-State Pictures, HTC Productions, and QCODE. Nichols has written, directed and executive produced the podcast. The voice cast also includes Jesse Plemons, Cynthia Erivo, Kirsten Dunst, Leslie Jordan, Joel…

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NEWS CATEGORIES SPORTS 

There is a little bit of apprehension: Williamson ahead of IPL departure

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New Zealand skipper Kane Williamson has acknowledged that there is a “little bit of apprehension” as he gears up to leave for the UAE to compete in the Indian Premier League, beginning September 19 amid the COVID-19 pandemic. Thirteen members of the Chennai Super Kings contingent, including two players, testing positive for the virus has added to his concerns as he prepares for his stint with Sunrisers Hyderabad. He flies out on Thursday. “That’s part of the reason why they made every team stay at a different hotel, Williamson told…

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BUSINESS NEWS CATEGORIES 

Rupee skids 25 paise to 73.12 against US dollar in early trade

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The rupee depreciated 25 paise to 73.12 against the US dollar in opening trade on Wednesday tracking muted domestic equities and strengthening American currency. At the interbank forex market, the rupee opened on a weak note at 73.10, then fell further to 73.12, registering a fall of 25 paise over its last close. On Tuesday, rupee had rallied 73 paise to breach the 73-mark against the US dollar on Tuesday, supported by liquidity-boosting measures announced by the RBI. It had settled at 72.87. Meanwhile, the dollar index, which gauges the…

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Uncategorized 

Biden campaign launches initiative to woo Hindus in US

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The Biden campaign has announced the launch of ‘Hindu Americans for Biden’, as part of its efforts to attract the over two million members of the community in the US and address their issues, including hate crimes. Indian-American Congressman from Illinois, Raja Krishnamoorthi, is scheduled to address the first meeting of ‘Hindus for Biden’ on Thursday, the organisers said on Tuesday. The move from the Biden campaign comes over a fortnight after the Trump campaign on August 14 announced the formation of the ‘Hindu Voices for Trump’. In the November…

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NATIONAL NEWS NEWS CATEGORIES 

78,357 new cases take India’s COVID-19 tally past 37 lakh, death toll rises to 66,333

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India’s COVID-19 tally of cases galloped past 37 lakh on Wednesday with 78,357 new instances of the disease reported in a day, while the number of recoveries crossed 29 lakh pushing the recovery rate to 76.98 per cent, the Union health ministry data showed. The death toll climbed to 66,333 with 1,045 more fatalities reported in 24 hours. India has so far reported 37,69,523 cases of the viral disease, according to the data updated at 8 am. The total number of COVID-19 recoveries in the country has surged to 29,01,908,…

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NEWS CATEGORIES SPORTS 

IPL: Zampa replaces Richardson in RCB

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Royal Challengers Bangalore has named Australian leg-spinner Adam Zampa as a replacement for his compatriot Kane Richardson, who pulled out of the IPL starting September 19 in the UAE. Richardson opted out of the tournament to be with his wife for the birth of his first child. “We’re thrilled to welcome Adam Zampa in RCB colours. He replaces Kane Richardson. Let’s #PlayBold Adam Zampa.” RCB tweeted on Monday night. “The RCB family is excited for Kane and his wife who are expecting the birth of their first child and respect…

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