Maharashtra

India: Making me CM is masterstroke of Fadnavis: Eknath Shinde

Mumbai, Jul 1 (PTI) Maharashtra Chief Minister Eknath Shinde has said his elevation to the top post is due to the masterstroke by BJP leader Devendra Fadnavis.

People thought that the BJP was desperate for power. But truly, this is a masterstroke by Devendra ji. To hand over power to another person despite having larger numbers (of MLAs) requires a big heart.

India: BJP to hold meetings in Mumbai to decide next course of action

Mumbai, Jun 30 (PTI) The BJP, which is expected to stake claim to form the next government in Maharashtra soon following the resignation of Uddhav Thackeray as the chief minister, will be holding a series of meetings here on Thursday to decide the future course of action, where party's state in-charge C T Ravi will remain present, party sources said.

India: ED summons Shiv Sena MP Sanjay Raut on Tuesday

New Delhi, Jun 27 (PTI) The Enforcement Director has summoned Shiv Sena MP Sanjay Raut on Tuesday for questioning in a money laundering probe linked to the re-development of a Mumbai 'chawl', officials said.

The Rajya Sabha MP has been asked to depose before the federal agency at its office in south Mumbai on June 28 and record his statement under the Prevention of Money Laundering Act (PMLA), they said.

Indian Rupee settles at all-time low of 78.33 against US dollar

Mumbai, Jun 24 (PTI) The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 against the US dollar amid growing concerns over aggressive monetary policy tightening by central banks and relentless foreign capital outflows.

Positive domestic equities and a weak American currency overseas supported the local unit, forex dealers said.

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.

Flight of FPIs continues; equities worth Rs 31,430 crore sold in June so far

New Delhi, Jun 19 (PTI) Aggressive rate hike by the US Federal Reserve, coupled with elevated inflation and high valuation of equities continued to keep foreign investors at bay from the Indian stock market as they pulled out Rs 31,430 crore in this month so far.

With this, net outflow by Foreign Portfolio Investors (FPIs) from equities reached Rs 1.98 lakh crore so far in 2022, data with depositories showed.

Dilip Kumar should get Bharat Ratna: Saira Banu

Mumbai, Jun 15 (PTI) Veteran actor Saira Banu says her late husband actor Dilip Kumar should be honoured with the Bharat Ratna as he is the "kohinoor" of the country.

Saira attended the Bharat Ratna Dr Ambedkar Award on late Tuesday evening, where union minister Ramdas Athawale presented the honour to Dilip Kumar, who passed away last year aged 98.

At the event, Athawale said he would request Prime Minister Narendra Modi to consider awarding Bharat Ratna, the highest civilian honour of the country, to the Hindi cinema legend.

Indian Forex reserves down by USD 2.676

Mumbai, May 20 (PTI) The country's foreign exchange reserves declined by USD 2.676 billion to stand at USD 593.279 billion in the week ended May 13, RBI data showed on Friday.

In the previous week, the reserves had declined by USD 1.774 billion to USD 595.954 billion.

According to an article 'State of the Economy', published in the RBI's Bulletin for May, foreign exchange reserves at USD 596 billion as on May 6 were equivalent to about 10 months of imports projected for 2022-23.

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