Rupee returns to red! Currency falls to 92 per US Dollar

Rupee continued its fall on Thursday, sliding to 92 mark against the US dollar. The currency has been in constant pressue due to persistent demand for the greenback and a cautious global market.According to currency dealers, the domestic unit was dragged down after the dollar index rebounded from multi-year lows, following the US Federal Reserve’s…

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‘Sour grapes?’ Piyush Goyal hits back at Congress for calling India-EU FTA deal ‘hugely-hyped’

NEW DELHI: Commerce and industry minister Piyush Goyal on Wednesday strongly rebutted Congress leader Jairam Ramesh’s criticism of the India-European Union free trade agreement (FTA), questioning the opposition’s credibility and defending the pact as a landmark, win-win economic deal that could unlock major growth and employment opportunities for India.Responding to an X post by Ramesh…

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US markets today: S&P 500 crosses 7,000 for first time; tech stocks, AI optimism keep Wall Street buoyant

US stocks edged higher on Wednesday, with the S&P 500 breaching the 7,000-point mark for the first time, underscoring sustained investor optimism around artificial intelligence, resilient Big Tech earnings prospects and expectations of eventual monetary easing.The benchmark index rose 0.3 per cent, extending gains after its latest record close. The Dow Jones Industrial Average advanced…

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