The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 (provisional) against the U.S. dollar. At the interbank foreign exchange market, the local currency opened at 78.20 and finally settled at its all-time low of 78.33, down 1 paisa from its previous close. During the day, the local unit witnessed an intra-day high of 78.19 and a low of 78.35 against the American currency. On Thursday, the rupee had settled at 78.32 against the U.S. dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.25% to 104.17. Brent crude futures, the global oil benchmark, advanced 1.13% to $111.29 per barrel. On the domestic equity market front, the BSE Sensex ended 462.26 points or 0.88% higher at 52,727.98, while the broader NSE Nifty gained 142.60 points or 0.92% to 15,699.25. Foreign institutional investors remained net sellers in the capital market on Thursday as they offloaded shares worth ₹2,319.06 crore, as per stock … [Read more...] about Rupee settles at all-time low of 78.33 against U.S. dollar
1 british pound to 1 sri lankan rupee
Rupee falls 4 paise against U.S. dollar in early trade
The rupee depreciated 4 paise to 78.17 against the U.S. dollar in opening trade on June 22, tracking a muted trend in the domestic equity market and a firm American dollar. However, lower crude prices in the international market supported the local unit and restricted its fall, forex dealers said. At the interbank foreign exchange, the rupee opened unchanged at 78.13 against the U.S. dollar, then inched lower to quote 78.17, registering a decline of 4 paise over the last close. In the previous session, the rupee had closed at 78.13 against the U.S. dollar. On the domestic equity market front, the 30-share Sensex was trading 364.12 points or 0.69% lower at 52,167.95, while the broader NSE Nifty fell 123.10 points or 0.79% to 15,515.70. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.17% to 104.61. Global oil benchmark Brent crude futures slumped 3.47% to $110.67 per barrel. Foreign institutional investors … [Read more...] about Rupee falls 4 paise against U.S. dollar in early trade
Rupee recovers from record low, inches higher by 9 paise against U.S. dollar in early trade
Recovering from its record low, the rupee inched higher by 9 paise to 78.23 against the U.S. dollar in early morning trade on Thursday. At the interbank foreign exchange, the rupee opened at 78.26 against the American dollar, then inched higher to quote at 78.23, registering a rise of 9 paise from the previous close. On Wednesday, the rupee declined by 19 paise to settle at an all-time low of 78.32 against the U.S. dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05% lower at 104.14. "The Indian Rupee opened stronger against the dollar this Thursday morning, tracking a further pullback in crude oil prices," said Sriram Iyer, Senior Research Analyst at Reliance Securities. Global oil benchmark Brent crude futures fell 2.17% to $109.32 per barrel. Meanwhile, as per minutes of the latest Monetary Policy Committee (MPC) meeting released on Wednesday, all the six members of the MPC, including the RBI … [Read more...] about Rupee recovers from record low, inches higher by 9 paise against U.S. dollar in early trade
What does the Roe v Wade Supreme Court ruling mean for British women?
On the way into work early this morning I checked the headlines and felt like I’d been punched in the stomach. Millions of women will today be feeling the same. The ricochet of the overturning of Roe v Wade can be felt globally. For, on the surface of things, while this “only” appears to affect America, in truth it affects us all. The gradual dominance of conservative ideals in the US in recent years mirrors, in many ways, what can be already seen in so-called “modern” Britain: we are living through a time which is more focused on the crackdown on civil liberties than on protecting human rights ; where we can see, clear as day, the “othering” of disenfranchised communities through odious legislation such as the Nationality and Borders Bill . We have plans from our own government to send vulnerable refugees over to Rwanda , a failure to ban trans conversion therap y , the deliberate stoking of “culture wars” and straw man arguments used to perpetuate a … [Read more...] about What does the Roe v Wade Supreme Court ruling mean for British women?
Russian missiles pound Ukraine as troops withdraw from key eastern city of Sievierodonetsk
Ukrainian troops have “almost left” Sievierodonetsk after weeks of intense fighting against Russian forces , the mayor of the eastern city said on Saturday, signaling the biggest setback for Ukraine since losing the port of Mariupol in May. The retreat from Sievierodonetsk, if confirmed, would bring Moscow close to full control of Luhansk, with Ukrainian troops in the province largely holding out only in Sievierodonetsk’s twin city Lysychansk, across the Siverskyi Donets river. “Unfortunately, they have almost left the city,” Mayor Oleksandr Stryuk said on national television. He did not confirm whether a full withdrawal was underway after regional authorities said on Friday that Ukraine was set to withdraw its troops from there. Russia’s pro-Kremlin Izvestia newspaper said one of its correspondents had arrived in the Azot industrial zone of Sievierodonetsk, where Ukrainian forces had been making a stand in recent weeks. Ramzan Kadyrov , the head of Russia’s … [Read more...] about Russian missiles pound Ukraine as troops withdraw from key eastern city of Sievierodonetsk
Defiant Boris Johnson Baulks at Calls to Resign After By-Election Losses
LONDON (AP) – A defiant British Prime Minister Boris Johnson was in a stubborn standoff with his frustrated Conservative Party on Saturday, after two thumping special election defeats renewed calls for a major change of government direction. Johnson dismissed the defeats as predictable mid-term blues, and said people expecting “some sort of psychological transformation” from him should know “that is not going to happen.” The prime minister told the BBC said he believed “voters are heartily sick of hearing about me and the things I´m alleged to have done wrong. What they want to hear is what we’re doing for them.” “What I want to do is to get on with changing and reforming and improving our systems and our economy,” he said. Despite the bullish tone, this is a perilous moment for Johnson, who is due to be out of the U.K. until Thursday at a Commonwealth meeting in Rwanda, a Group of Seven leaders’ gathering in Germany and a NATO summit in Spain. Simmering concerns about … [Read more...] about Defiant Boris Johnson Baulks at Calls to Resign After By-Election Losses
Protests and celebrations as Supreme Court overturns Roe v. Wade: Live updates
Protests continued in cities across the country Saturday after the Supreme Court's decision to overturn the landmark Roe v. Wade ruling that had guaranteed the right to abortion in the United States. As states began to enact abortion bans and clinics stopped offering the procedure, large crowds gathered in cities such as New York, Los Angeles and Atlanta, some jubilant, others dismayed at the decision that stripped away women’s constitutional right to abortion. Both sides predicted the fight over abortion would continue. Key highlights: President Joe Biden called it a “sad day” for the U.S. and said it would be up to voters in November to select candidates who would protect a host of rights — not just abortion but also marriage equality and the right to contraception. Centrist Sens. Joe Manchin, D-W.Va., and Susan Collins, R-Maine, suggested they were misled by Justices Brett Kavanaugh and Neil Gorsuch, two key votes in the decision to overturn Roe. SEE NEW … [Read more...] about Protests and celebrations as Supreme Court overturns Roe v. Wade: Live updates
AP PHOTOS: Hong Kong’s last hand-painted porcelain factory
This is a carousel. Use Next and Previous buttons to navigate 17 HONG KONG (AP) — Step into Yuet Tung China Works, Hong Kong’s last remaining hand-painted porcelain factory, and you find yourself surrounded by stacks of dinnerware, each piece painstakingly decorated by hand with vibrant motifs of flowers, fruits and animals. Joseph Tso, the third-generation owner of the factory, and his small team are among the few people in Hong Kong who have mastered the traditional technique of painting “guangcai,” or Canton porcelain. It is a fading art in this modern metropolis, as fewer young people are willing to put in the time and effort required to master the craft or to work at the factory full-time. “The business environment in Hong Kong is not suitable for labor-intensive industries,” Tso said. “Hong Kong’s traditional handicraft industry is gradually declining. … [Read more...] about AP PHOTOS: Hong Kong’s last hand-painted porcelain factory
Loewe presents a dystopian future at Paris Fashion Week
This is a carousel. Use Next and Previous buttons to navigate 15 PARIS (AP) — Loewe thrust Paris Fashion Week into a bleak and dystopian vision of the future on Saturday -- turning its runway into a dead space where nature and animal life only existed to be harnessed and exploited by humankind. A sanitized white wall descended onto a bare deck as models walked by robotically, bathed in misty white light. Here are some highlights of spring-summer 2023 menswear collections: LOEWE'S NATURE MORTE Models wore plates of television screens showing deep water fish in the ocean, and plasma screen visors beamed out growing chrysanthemums. The only place that grass grew in designer Jonathan Anderson’s fashion dystopia was literally out of shoes, where green blades quivered and flapped surreally as the automatons filed by. The British designer used the remarkable set and concept not … [Read more...] about Loewe presents a dystopian future at Paris Fashion Week
Indian-American Anjali Chaturvedi nominated for a key position by US President Joe Biden
Prominent Indian-American legal expert Anjali Chaturvedi has been nominated by US President Joe Biden as General Counsel in the veterans affairs department , the latest from the community to be named for a key position in the administration. Chaturvedi is a Deputy Assistant Attorney General in the Criminal Division of the U.S. Department of Justice, according to the White House website. The main vision of the department is to provide veterans with the world-class benefits and services they have earned — and to do so by adhering to the highest standards of compassion, commitment, excellence, professionalism, integrity, accountability, and stewardship. During her career, Chaturvedi has worked in all three branches of the government and in private practice. Prior to returning to government service, Chaturvedi was the Assistant General Counsel and Director of Investigations for Northrop Grumman Corporation, leading the company’s global investigations team. Chaturvedi earlier … [Read more...] about Indian-American Anjali Chaturvedi nominated for a key position by US President Joe Biden