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Rupee surges 21 paise to 74.63 against US dollar in early trade

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The rupee recovered 21 paise to 74.63 in early trade on Wednesday tracking positive domestic equities as investors continued to keep a watch on the latest developments around Ukraine. The local currency opened on a strong note at 74.64 to a dollar at the interbank foreign exchange market and inched higher to 74.63, registering a gain of 21 paise over its previous close. On Tuesday, the rupee depreciated by 29 paise to close at 74.84 against the US currency. Meanwhile, the dollar index, which gauges the greenback’s strength against a…

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NEWS CATEGORIES WORLD NEWS 

Beginning of Russian invasion, says US Secretary of State Blinken; cancels meeting with Lavrov

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 US Secretary of State Tony Blinken on Tuesday cancelled his scheduled meeting with his Russian counterpart Sergei Lavrov later this week in protest against what he said was the beginning of Russia’s invasion of Ukraine. Ukrainian Foreign Minister Dmytro Kuleba, who jointly addressed a news conference with Blinken at the Foggy Bottom headquarters of the State Department, said that the world must respond with all its economic might to punish Russia for the crimes it has already committed and ahead of the crimes it plans to commit. Hit Russia’s economy…

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NATIONAL NEWS NEWS CATEGORIES 

In Budget, clear roadmap given by govt to achieve saturation of basic facilities: PM Modi

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Prime Minister Narendra Modi on Wednesday said it is now time that 100 per cent saturation is achieved in providing basic facilities such as water, electricity, gas connections, toilets and roads to people, as he asserted that the Union budget 2022-23 has laid out a clear roadmap for achieving this. Addressing a webinar on the positive impact of the Union Budget 2022-23 on Rural Development, Modi said that in the last seven years, his government made incessant efforts to improve every person and sector’s capability. “This is the aim of…

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ENTERTAINMENT NEWS CATEGORIES 

Social change happens through fun, family entertainer films: Huma Qureshi on Double XL’

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Actor Huma Qureshi says she decided to do Double XL , a film about body shaming, as she believes a “fun family entertainer” like the upcoming project can play an important role in bringing about a change in society. Billed as a “slice-of-life comedy” that revolves around body weight stereotypes, the film is directed by Helmet fame Satramm Ramani and also stars Sonakshi Sinha. Double XL explores the journey of two plus-size women — Rajshree Trivedi (Qureshi) from Meerut and Saira Khanna (Sinha) from New Delhi as they navigate society’s…

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LEGAL NEWS 

Elgar case: Accused wanted to create unrest in country, overthrow Modi govt, says court citing letter

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A special court here has denied bail to three persons accused in the Elgar Parishad-Maoist links case, saying that the material on record suggests that the trio, along with other members of the CPI (Maoist), a banned organisation, hatched a “serious conspiracy” to create unrest in the country and to overthrow the Modi government. A letter placed on record prima facie speaks that the CPI (Maoist) was bent upon ending the “Modi raj” and that they were also thinking of another incident like the death of former prime minister Rajiv…

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BUSINESS NEWS CATEGORIES 

Ashok Leyland mulls separate plant for EVs; lines up Rs 500 cr investment for alternative fuel tech

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Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according to a top company official. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like CNG, hydrogen and electric for its commercial vehicles range. The company has already announced a USD 200 million (nearly Rs 1,500 crore) investment through its UK-based arm Switch Mobility for electric mobility. The commercial vehicle…

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NEWS CATEGORIES WORLD NEWS 

Ukraine’s Zelenskyy calls on Putin to meet as tensions soar

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Ukrainian President Volodymyr Zelenskyy, facing a sharp spike in violence in and around territory held by Russia-backed rebels and increasingly dire warnings that Russia plans to invade, on Saturday called for Russian President Vladimir Putin to meet him and seek resolution to the crisis. I don’t know what the president of the Russian Federation wants, so I am proposing a meeting, Zelenskyy said at the Munich Security Conference, where he also met with US Vice President Kamala Harris. Zelenskyy said Russia could pick the location for the talks. “Ukraine will…

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NATIONAL NEWS NEWS CATEGORIES 

Active COVID-19 cases in India decline

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Daily new COVID-19 cases in India fell below 20,000 after 51 days, taking the total virus tally to 4,28,22,473, while the active cases dipped to 2,24,187, according to the Union Health Ministry data updated on Sunday. A total of 19,968 cases have been reported in a day while the death toll climbed to 5,11,903 with 673 fresh fatalities, the data updated at 8 am stated. The daily COVID-19 cases have remained below one lakh for 14 consecutive days. India reported 16,764 corornavirus infections on December 30 last year. The active…

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LEGAL NEWS NEWS CATEGORIES 

SC nullifies ‘gender cap’ on performers in orchestra bars in Maharashtra, says stereotypical view has no place

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 The Supreme Court has scrapped the condition imposed by Maharashtra authorities that limited the number of female and male performers in orchestra bars to four each, saying rules based on gender stereotypes have no place in the society. “While the overall limit of performers in any given performance cannot exceed eight, the composition (i.e., all-female, majority female or male, or vice versa) can be of any combination,” it said in an order. A bench of justices K M Joseph and S Ravindra Bhat, which set aside the Bombay High Court…

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BUSINESS NEWS CATEGORIES 

EV charging stations expand 2.5 times in 9 mega cities

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Electric vehicle (EV) charging stations have expanded by two-and-a-half times across nine mega cities, including Delhi, Mumbai and Chennai, in the last four months, the power ministry said on Saturday. Efforts by the government resulted in 2.5 times increase in charging stations in Surat, Pune, Ahmedabad, Bengaluru, Hyderabad, Delhi, Kolkata, Mumbai, and Chennai in the last four months, a power ministry statement stated. According to the statement, additional 678 public EV charging stations were installed between October 2021 and January 2022 in these nine cities. About 940 of India’s 1,640…

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