Rupee falls against US dollar; hits fresh 2-year low
NEW DELHI: The rupee fell by another 35 paise to trade at fresh two-year low of 65.89 against the dollar today on sustained capital outflows by foreign funds even as the US currency weakened overseas. Besides, strong demand for dollar from importers and banks and a lower opening in the domestic... read more »
Google takes anti-net neutrality stance in India: Report
Global search engine giant Google is possibly lobbying against net neutrality in India by asking the Internet and Mobile Association of India (IAMAI) to support zero rating plans that allow people to use some web services for free. Such zero rating plans are against the basic tenets of net... read more »
North Korean troops ordered onto war footing by Kim Jong-un
Korea Central News Agency has issued a lengthy rant about South Korean “puppet war maniacs,” Julian Ryall in Tokyo writes. The statement warns the South Korean military to act with “discretion” and threatents them with “harsh punishment” for their provocation. It... read more »
Rupee Falls to Nearly Two-Year Low of 65.90/Dollar
The Indian rupee fell to 65.90/dollar on Friday amid fears of a currency war after China’s depreciation of its yuan. This is lowest value of the rupee since September 6, 2013, when it had hit 66.29/dollar. This takes the rupee’s fall to over 3 per cent since August 11, 2015, when China... read more »
