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Rupee falls 3 paise against US dollar in early trade

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The rupee depreciated by 3 paise to 72.56 against the US dollar in opening trade on Friday, as muted opening in domestic equities weighed on investor sentiment. However, consistent foreign fund inflows and a weak dollar overseas supported the rupee, forex dealer said. At the interbank forex market, the local unit opened lower at 72.57 against the US dollar, then recovered some ground to quote at 72.56, a decline of 3 paise over its previous close. On Thursday, the rupee had settled at 72.53 against the American currency. On the…

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NEWS CATEGORIES WORLD NEWS 

Top US lawmakers welcome Defence Secretary Austin’s maiden visit to India

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Top American lawmakers have welcomed Defence Secretary Lloyd Austin’s first visit to the US’ “strategic partner” India, as they highlighted the importance of the bilateral ties which are critical for the security and stability in the Indo-Pacific amidst Chinese aggression. Austin is on a three-nation first overseas tour. He visited Japan and South Korea before visiting India. “Congratulations to Secretary Defence Austin on a successful visit to India”, tweeted Congressman Filemon Vela, who is Vice Chair of the Democratic Party appointed by President Joe Biden. Look forward to working on…

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NATIONAL NEWS NEWS CATEGORIES 

Over 40k coronavirus cases recorded in India, highest in 111 days

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India saw 40,953 new coronavirus infections being reported in a day, the highest single-day rise recorded in 111 days, taking the nationwide COVID-19 tally to 1,15,55,284, according to Union Health Ministry data updated on Saturday Registering an increase for the tenth day in a row, the total active caseload has reached 2,88,394, which now comprises 2.49 per cent of the total infections, while the recovery rate has further dropped to 96.12 per cent, the data stated. India registered over one lakh cases in just three days. On Friday, 39,726 new…

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NEWS CATEGORIES SPORTS 

Messi ties Xavi’s record as Barcelona cuts Atl tico’s lead

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Lionel Messi scored twice as he tied Xavi Hern ndez’s record of most appearances for Barcelona, putting them within four points of the Spanish league lead after beating last-placed Huesca 4-1. For his 767th match, Messi was honored by Barcelona with a large image behind one of the goals showing him embracing Xavi as the players looked forward and pointed upward. The banner included the words “767 matches” and touching the sky. It’s incredible, Barcelona coach Ronald Koeman said. His impact on this team is enormous. It’s amazing what he…

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BUSINESS NEWS CATEGORIES 

Asia shares mostly higher after US stocks gain for fifth day

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Asian shares mostly rose on Tuesday, cheered by a rally to all-time highs on Wall Street. Japan’s benchmark Nikkei 225 rose 0.6 per cent to 29,953.97. South Korea’s Kospi added 0.3 per cent to 3,054.77. Australia’s S&P/ASX 200 jumped 1.1 per cent to 6,846.20. Hong Kong’s Hang Seng gained 0.5 per cent to 28,971.04, while the Shanghai Composite inched down nearly 0.1 per cent to 3,417.02. The slower rollouts of the coronavirus vaccine in Asia, compared to the US and Europe, continues to put investors in the region in a…

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Uncategorized 

Sensex rises over 200 pts in early trade; Nifty tests 15K

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 Equity benchmark Sensex jumped over 200 points in opening trade on Tuesday, tracking gains in index majors Infosys, Reliance Industries and Asian Paints amid positive trend in global markets. The 30-share BSE index was trading 274.03 points or 0.54 per cent higher at 50,669.11, and the broader NSE Nifty was up 75.10 points or 0.50 per cent at 15,004.60. Asian Paints was the top gainer in the Sensex pack, rising around 2 per cent, followed by Titan, UltraTech Cement, Bharti Airtel, Infosys, Reliance Industries and M&M. On the other hand,…

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NEWS CATEGORIES WORLD NEWS 

UN chief Guterres appalled by escalating violence in Myanmar by military junta

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UN chief Antonio Guterres has said that he is appalled by the escalating violence in Myanmar and urged the international community to work collectively and bilaterally to help bring an end to the repression by the country’s military. Secretary-General Guterres also noted with concern that the killing of demonstrators and arbitrary arrests by the military in Myanmar are in clear defiance of calls by the UN Security Council for restraint, dialogue and a return to the democratic path in the country. Guterres urged the international community to work collectively and…

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NEWS CATEGORIES WORLD NEWS 

Cruise ship passengers recall deaths, confusion, quarantine

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The last vacation Margrit and Lucio Gonzalez took together began with an ominous delay: a medical emergency on the cruise ship they were set to board. After a four-hour wait, the couple of 51 years got on the Grand Princess on Feb. 11, 2020, for a round-trip voyage from San Francisco to the Mexican Riviera, a decision Margrit Gonzalez came to regret. I wish we had come back home. He would still be alive, the 82-year-old said. Within weeks, the Grand Princess had captured the world’s attention and made the…

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NATIONAL NEWS NEWS CATEGORIES 

Expect govts in Gulf to be helpful in facilitating early return of Indians to work: Jaishankar

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 External Affairs Minister S Jaishankar on Monday said India is fully cognizant of the employment concerns of people working abroad and expects governments in the Gulf to be helpful in facilitating the early return of those compelled to return home due to the COVID-19 pandemic. In a statement in the Lok Sabha on ‘Recent Developments Pertaining to the Welfare Abroad of Indians, NRIs and PIOs’, the minister said the focus of the government’s efforts in the last few months has now shifted to Indians going back to their usual places…

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LEGAL NEWS NEWS CATEGORIES 

SC commences hearing whether Mandal verdict needs to be revisited

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The Supreme Court commenced hearing on Monday on whether the landmark 1992 verdict in the Indira Sawhney case, which caps the quota at 50 per cent, require a re-look by a larger bench. A five-judge Constitution bench, headed by Justice Ashok Bhushan, gave a week time to all the states to submit their brief note of submissions after some of them sought time. Senior advocate Arvind Datar, appearing for petitioners who opened the arguments on the question of reference to a larger bench, said there was no need to revisit…

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