19
Tuesday
January 2021
2:32 PM IST
News Headlines
England beats Sri Lanka by 7 wickets in 1st test        Fourth Test: Rain forces early stumps with India at 4-0 while chasing 328 to win        Three UK partners with TCS to accelerate 5G network rollout        3 Adani Group-owned domestic airports accredited in ACI health accreditation programme        N. Korea''s parliament rubber stamps new development plans        Kremlin critic Navalny detained after landing in Moscow        'Rooting hard for you': Will departure notes end with Trump?        Tandav controversy: FIR against director, Amazon India head of content        Smiles, sanitizers welcome students as schools reopen in Delhi        COVID-19: India records lowest fatalities in eight months        Proposed tractor rally on Jan 26: It's law & order matter, says SC on plea for injunction against it        PM flags off 8 trains to boost connectivity to Statue of Unity        Fire in luggage van of running train doused in time in Kerala        Kerala logs 5,005 new COVID-19 cases, 4,408 recoveries        Farmer unions say they will go ahead with tractor march in Delhi on Republic Day        Kremlin critic Navalny departs Berlin on Moscow-bound flight        Cargo ship sinks in the Black Sea; 3 dead, 6 rescued        4th Test: Australia 21/0 at stumps, lead India by 54 runs after Sundar, Thakur fightback        NorthEast end winless streak to bag crucial points against Jamshedpur        India take tea break at 62/2, replying to Australia's 369        
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Business News
Rupee slumps 33 paise to 74.74 against US dollar in early trade
 
Mumbai: The rupee depreciated 33 paise to 74.74 against the US dollar in opening trade on Wednesday, tracking strong American currency ahead of the US Presidential election results.


The local unit opened at 74.74 against the greenback at the interbank forex market, down 33 paise over its last close.

On Tuesday, the rupee had settled at 74.41 against the American currency.

"Most of the Asian currencies have started weak against the US Dollar this Wednesday morning and could weigh on sentiments," Reliance Securities said in a research note.

Traders said most Asian currencies opened weak against the US Dollar Index, which started with gains on Wednesday morning in Asian trade ahead of the US Presidential election results.

Former vice president and Democratic presidential candidate Joe Biden has maintained his lead mid-way through the counting of votes, as Republican incumbent Donald Trump appeared to be fast catching up.

As per Fox News, Biden has 207 of the 538 electoral college seats, while Trump has 148. On the other hand, CNN has projected 192 electoral college votes to Biden and 108 to Trump.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.32 per cent to 93.85.

On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 146.60 points higher at 40,407.73, and the broader NSE Nifty rose 32.60 points to 11,846.10.

Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 2,274.40 crore on a net basis on Tuesday, according to provisional exchange data.

Brent crude futures, the global oil benchmark, rose 2.14 per cent to USD 40.56 per barrel.


Three UK partners with TCS to accelerate 5G network rollout
3 Adani Group-owned domestic airports accredited in ACI health accreditation programme
WhatsApp delays policy rollout to May 15
Strong startup ecosystem critically important for business: Nisa Godrej
Rupee recovers losses, settles 15 paise higher at 73.25 against US dollar
Big steel, cement firms operating as a cartel; need to place regulator: Gadkari
UP's New Excise Policy aims Rs 6,000 cr excess revenue next fiscal
'India ushering in rapid structural reforms to become USD 5 trn economy by 2025'
India urges WTO members to find permanent solution for public stock holding for food security
GDP estimates: Industries showing signs of recovery, says Niti VC
COVID-hit economy to contract 7.7 pc in 2020-21: Govt estimates
Sensex drops over 100 pts; Nifty slips below 14,100
M-cap of BSE-listed companies zoom to record high of over Rs 191 lakh cr
Bajaj Auto sales up 11 pc in December at 3,72,532 units
Reliance, BP commit to pay for any shortfall in KG-D6 production to buyers
Discoms' outstanding dues to power gencos rise 35 pc to Rs 1.41 lakh cr in Nov
GST collection at record-high of Rs 1.15 lakh cr in Dec'20
add add GST collection at record-high of Rs 1.15 lakh cr in Dec'20
KFC cuts interest rates in New Year
Reliance CEO donates Rs 1.01 cr to TTDs SVBC trust
KERALA NEWS
Fire in luggage van of running train doused in time in Kerala
 Thiruvananthapuram: A fire broke out in a luggage van of a running train in Kerala on Sunday and was  
Kerala logs 5,005 new COVID-19 cases, 4,408 recoveries
5,960 new COVID-19 cases, 27 deaths in Kerala
Kerala transport corporation MD alleges Rs 100-crore scam
INTERNATIONAL NEWS
N. Korea''s parliament rubber stamps new development plans
 Seoul, Jan 18 (AP) North Korea's rubber-stamp parliament has passed decisions made by a major ruling
Kremlin critic Navalny detained after landing in Moscow
'Rooting hard for you': Will departure notes end with Trump?
Kremlin critic Navalny departs Berlin on Moscow-bound flight
NATIONAL NEWS
Tandav controversy: FIR against director, Amazon India head of content
 Lucknow Jan 18 (PTI) An FIR has been lodged here against the makers of web series 'Tandav' and Amazo
Smiles, sanitizers welcome students as schools reopen in Delhi
COVID-19: India records lowest fatalities in eight months
PM flags off 8 trains to boost connectivity to Statue of Unity
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