BUSINESS NEWS CATEGORIES 

Rupee slips 6 paise to 70.90 ahead of US Fed policy outcome

The Indian rupee settled 6 paise lower at 70.90 to the US dollar on Wednesday as participants exercised caution ahead of the Federal Reserve’s monetary policy decision. However, the rupee loss was somewhat capped by unabated foreign fund inflows, domestic stocks rally and lower crude oil prices. Starting off weaker, the domestic currency went on to hit a low of 71.03 against the US dollar during the day. It, however, claimed some of its lost ground to settle at 70.90, showing a fall of 6 paise over its previous close.…

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NEWS CATEGORIES WORLD NEWS 

UK’s Brexit deal estimated to cost almost USD 100 billion

A respected British think tank slammed Prime Minister Boris Johnson’s Brexit deal on Wednesday, concluding that the economy would be 3.5 per cent smaller compared with staying in the European Union. The study by the National Institute of Economic and Social Research says the agreement would deliver a 70 billion-pound (USD 90 billion) blow to the UK Researchers said that the outlook is clouded by political and economic uncertainty. “We would not expect economic activity to be boosted by the approval of the government’s proposed Brexit deal,” the group said.…

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NEWS CATEGORIES WORLD NEWS 

Pakistan issues commemorative coin to mark Guru Nanak’s 550th anniversary

Pakistan on Wednesday issued a Rs 50 commemorative coin to mark the 550th birth anniversary of Guru Nanak Dev, the founder of the Sikh religion in November. In a Facebook post, Prime Minister Imran Khan shared a picture of the coin. “Pakistan issues commemorative coin to mark the 550th anniversary of Guru Nanak Devji,” Khan said in the post. The coin comes ahead of the inauguration of the landmark Kartarpur Corridor by Prime Minster Khan on November 9, three days before the 550th birth anniversary celebrations of Guru Nanak. The…

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NATIONAL NEWS NEWS CATEGORIES 

Opposition parties, some BJP allies attack govt over Kashmir visit of EU MPs

Opposition parties on Wednesday stepped up their attack against the government over EU MPs’ Kashmir trip with the Congress describing it as the “biggest diplomatic blunder” and others asking the Centre how these foreign lawmakers were allowed to visit the Valley while Indian leaders were denied permission. It was not just opposition parties that trained their guns on the government over the visit of Members of the European Parliament (MEPs) to Kashmir, but BJP’s ally Shiv Sena also took strong objection to it, asserting that it is “not an international…

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NATIONAL NEWS NEWS CATEGORIES 

Yogi meets Mulayam, extends Diwali greetings to him

Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday met Samajwadi Party founder Mulayam Singh Yadav at his residence here. The chief minister reached Yadav’s residence at Vikramaditya Marg in the morning and extended Diwali greetings to him, a senior government official said. During the meeting, Mulayam Yadav’s brother and Pragatisheel Samajwadi Party (Lohia) founder Shivpal Singh Yadav was also present. The official said it was a “courtesy meeting” to extend Diwali greetings. Adityanath had also met the 79-year-old former UP chief minister in June this year to enquire about his…

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LEGAL NEWS NEWS CATEGORIES 

Raj HC quashes cattle smuggling case against Pehlu Khan, his two sons and driver

The Rajasthan High Court on Wednesday quashed a case against Pehlu Khan, who was lynched by cow vigilantes in April 2017, his two sons and a truck driver for allegedly illegally transporting cows for slaughter. A single bench of Justice Pankaj Bhandari quashed the case under Rajasthan Bovine Animals Protection Act and and the charge sheet against the four, saying there is no evidence to show that the cows were being transported for the purpose of slaughtering. The petition was filed by the truck driver, Khan Mohammed, and the two…

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NEWS CATEGORIES SPORTS 

Test spots up for grabs with Carey to captain Australia A

Sydney, Oct 29 (AFP) Australian selectors on Tuesday flagged a number of batting spots still up for grabs in the upcoming Test series against Pakistan, with an A side promising a run-off among a number of contenders. Wicketkeeper Alex Carey will lead Australia A in a three-day match against Pakistan ahead of a Test series, pushing his case for Test selection. Joe Burns, who was controversially left out of the Ashes squad, will join Marcus Harris at the top of the order, with Usman Khawaja, Travis Head, Nic Maddinson and…

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NEWS CATEGORIES SPORTS 

Shiva Thapa, six others enter semifinals of Olympic Test event for boxing

Tokyo, Oct 29 (DINN) Four-time Asian medallist Shiva Thapa (63kg) secured a medal at the Olympic Test event for boxing by winning his quarterfinal bout on Tuesday while six other Indians made the last-four stage without even stepping inside the ring here. Thapa overpowered local favourite Yuki Hirakawa in a 5-0 verdict to fight his way into the medal rounds. The seasoned boxer from Assam claimed his third national title earlier this month. He will be up against another Japanese, Daisuke Narimatsu, in the semifinals on Wednesday. Narimatsu got a…

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BUSINESS NEWS CATEGORIES 

Merck to Establish its Sustainability Centre at District 2020, Dubai

(Eds: Disclaimer: The following press release comes to you under an arrangement with Business Wire India. DINN takes no editorial responsibility for the same.) A world-leading German science and technology company is the most recent organisation to announce its collaboration with District 2020 in Dubai Mumbai, Maharashtra, India & Dubai, United Arab Emirates: Business Wire India Merck KGaA Germany, a leading science and technology company, announced today the establishment of its Sustainability Centre in District 2020, Dubai. With a special focus on countries of the Global South, the centre comprises…

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BUSINESS NEWS CATEGORIES 

Sensex rises over 100 pts; Tata Motors rallies 13 pc

Mumbai, Oct 29 (DINN ) Equity benchmark BSE Sensex jumped over 100 points in early trade on Tuesday led by gains in Tata Motors, RIL and TCS, amid foreign fund inflow. After hitting a high of 39,393.12, the 30-share index was trading 106.37 points, or 0.27 per cent, higher at 39,356.57 in morning trade, and the broader NSE Nifty advanced 16.75 points, or 0.14 per cent, to 11,643.90. Tata Motors was the top gainer in the Sensex pack, rallying over 13 per cent, after its British arm Jaguar Land Rover…

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