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Rupee fall: Currency breaches 91 per dollar again; FII outflows, trade jitters bite

The rupee weakened for the fourth straight session on Monday, breaching the 91-per-dollar level for the second time in a month before closing 14 paise lower at 90.92 (provisional) against the US dollar, pressured by sustained foreign fund outflows and risk aversion linked to global trade uncertainties, dealers said.At the interbank foreign exchange market, the…

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Haldi feast turns hazardous in Thane: 80 fall ill after suspected food poisoning; wedding postponed | Thane News

KALYAN: A pre-wedding celebration in Kalyan turned into a medical emergency late Saturday night after around 80 people, including the bride, suffered suspected food poisoning at a haldi ceremony, forcing the family to postpone the wedding scheduled for Sunday.The ceremony was held at hall situated in a private housing complex in the Khadakpada area, where…

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Trump hits 8 European countries with tariffs: Asian and European markets fall; US stock futures tumble

US stock futures fell on Monday as markets reacted to President Donald Trump’s threat to impose additional tariffs on eight European countries. This comes after Washington has demanded to purchase Greenland, a move that has fuelled fears of a wider transatlantic trade conflict.S&P 500 futures slid about 0.7%, while Nasdaq futures fell 1.0% in thin…

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US tariffs hit exports: Gems and jewellery shipments fall 4.98% in December; silver surges 248%

India’s overall gems and jewellery exports witnessed a 4.98 per cent year-on decline to $1,883.85 million (Rs 16,978.44 crore) in December 2025, as geopolitical uncertainties hit key markets, the Gem and Jewellery Export Promotion Council (GJEPC) said on Friday.The total gem and jewellery exports stood at $1,982.62 million (Rs 16,843.87 crore) in December 2024, GJEPC…

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Russian oil trade: India slips to third-largest buyer in December; imports fall after refinery cuts

India fell to third place among buyers of Russian fossil fuels in December 2025 after sharp cuts in crude oil imports by Reliance Industries and state-owned refiners, a European think tank said on Tuesday.According to data from the Centre for Research on Energy and Clean Air (CREA), India’s total imports of Russian hydrocarbons stood at…

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Forex fall: India’s reserve falls $9.81 billion to $686.80 billion; RBI data shows weekly decline

Foreign exchange reserves fell by $9.809 billion to $686.801 billion in the week ended January 2, data released by the Reserve Bank of India showed on Friday, PTI reported.The decline followed a rise of $3.293 billion in the previous reporting week, when the reserves had climbed to $696.61 billion.Foreign currency assets (FCA), the largest component…

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Rupee’s spectacular fall: Why RBI isn’t targeting a price band, but inflation — the ‘Impossible Trilemma’ explained

In early December 2025, the Indian rupee reached a key milestone when it surpassed Rs 90 per dollar for the first time. The rupee had been falling steadily throughout the year, as foreign investors sold off Indian stocks and US tariffs made Indian exports less competitive.However, on December 5, 2025, Reserve Bank of India Governor…

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