Rupee stays record low! Indian currency opens at 91.07 against US dollar; slips 0.05% from previous close

Capital outflow due to FII activity has been driven by geopolitical uncertainty. Rupee continued its decline on Wednesday, opening at a record low of 91.07 against the US dollar, down 0.05% from its previous close, as persistent foreign fund outflows and uncertainty over India–US trade negotiations continued to weigh on the currency.Earlier on Tuesday, the…

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David Einhorn says the Fed will cut ‘substantially more’ than two times. So he’s betting big on gold

Greenlight Capital’s David Einhorn anticipates the Federal Reserve will issue more interest rate cuts this year than what’s being anticipated and that’s giving him greater confidence in his gold bet. While rate cut expectations diminished a bit Wednesday following the much better-than-expected January jobs report, traders are still currently pricing in a more than 88%…

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From leading contingents to bike daredevilry, women steal the show atRepublic Day parade | India News

Women daredevils showing stunts on motorcycles during the Republic Day parade on Kartavya Path NEW DELHI: From leading contingents to showcasing India’s missile arsenal to presenting daredevil skills on motorcycles, women military personnel stole the show during the 90-minute 77th Republic Day parade on Kartavya Path on Monday.Akshita Dhankar, a flight lieutenant with IAF, was…

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