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Irfan Khan Niazi (Image credit: Agencies) NEW DELHI: Pakistan cricketer Irfan Khan Niazi was recently stopped by Pakistan traffic police for violating traffic rules after he was spotted travelling in his car without wearing a seat belt. Irfan, who recently represented the Hyderabad Kingsmen in the Pakistan Super League final against Peshawar Zalmi led by…
Rupee began its last trading session of the week in red, falling 45 paise against the US dollar to 94.67 in early trade as rising crude oil prices and fresh tensions around the Strait of Hormuz dragged down market sentiment. Opening at 94.58 in the interbank foreign exchange market, the domestic currency slipped further as…
The road to success isn’t the same for everyone. While resilience and perseverance connect these journeys, some stories stand out for the sheer weight of challenges they carry. One such highly inspiring story comes from Madhya Pradesh’s Sidhi District of a young boy, Abhay Gupta, whose determination helped him rise well above his circumstances. When…
The Indian rupee depreciated for the fifth consecutive day, falling 24 paise to 94.25 against the US dollar. MUMBAI: The rupee closed at a record low of 95.09 against the US dollar on Monday, falling 18 paise from the previous close, as strong dollar demand from corporates and rising crude oil prices weighed on sentiment.Other…
NEW DELHI: Rupee fell 32 paise to an all-time low of 95.20 against the US dollar in early trade on Thursday, pressured by rising global crude oil prices and a strengthening American currency.At the interbank foreign exchange market, the rupee opened at 95.01 and weakened further to touch a record low of 95.20, extending losses…
Mumbai: The rupee touched a low of 94.57 per dollar on Tuesday, its weakest level since March 30, before closing at 94.54, down 35 paise on the day. The currency’s losses were contained by dollar sales from state-run banks, most likely on behalf of RBI. Meanwhile, sensex settled 0.5% lower at 76,887 while Nifty declined…
Mumbai: The rupee regained 92 levels and closed at 92.93, 27 paise stronger then its previous close. The gains followed reports that the RBI has asked oil companies to not purchase dollars from the open market but to rely on a line of credit provided through SBI.Such a move would remove one of the major…
Rupee began the week in red, tumbling 48 paise to 93.31 against US dollar in early trade on Monday. This comes as geopolitical tensions around the Middle East continue to intensify and oil prices once again skyrocket beyond the $100 per barrel mark.Investor mood turned cautious after the ceasefire that had supported markets last week…
The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced a two-week suspension of military strikes against Iran and the Reserve Bank kept policy rates unchanged, PTI reported.Forex traders said investor sentiment improved following Governor Sanjay Malhotra’s assurance that recent forex measures do not…
The rupee appreciated by 28 paise to close at 92.90 against the US dollar on Monday, supported by the Reserve Bank’s measures aimed at curbing speculative activity and reducing volatility, PTI reported.Forex traders said that while the RBI’s actions are positive for the currency, continued foreign fund outflows, a firm dollar and elevated crude oil…
