Domestic stock markets continued to remain under pressure on Tuesday as both key benchmark indices opened in the red, weighed down by persistent foreign fund outflows and continued weakness in the rupee.
Renowned author Ruskin Bond has been admitted to Max Hospital in Dehradun due to discomfort in his leg. he is currently undergoing treatment under medical supervision. He is expected to be discharged from the hospital in the next few days.
The Indian rupee has continued to display pronounced weakness this financial year, slipping nearly 5 per cent against the US dollar and consistently trading above the 90-per-dollar mark in recent days.
Sindh-based writer and educator Assadullah Channa, in his article published in Pakistan Observer, has criticised Pakistan's repeated failures to reform its madrassa education system, calling it a "chronic national weakness rooted in clerical dominance and political cowardice."
Indian equity indices ended Wednesday in negative territory, possibly due to the rupee's weakness against the US dollar, Foreign Institutional Investor (FII) outflows, and ongoing trade uncertainties.
The domestic benchmark indices witnessed selling pressure on Wednesday's opening trade as the weakening Rupee and cautious investor sentiment weighed on the markets.
The Indian economy is expected to grow at 7 per cent in the current fiscal 2025-26, and subsequently moderate to 6.7 per cent in the next, Dharmakirti Joshi, Chief Economist, CRISIL Limited, told ANI in an exclusive interview.
The International Monetary Fund (IMF) has issued a stern critique of Pakistan's fiscal governance, highlighting chronic weaknesses in financial management, accountability, and transparency. Despite operating under its 24th IMF programme alongside the Ministry of Finance (MoF), the Fund expre
Dr Laxman attributed the BJP's success to PM Modi's leadership and development initiatives and dismissed Gandhi's comments on EVMs and vote theft as unconvincing. Dr Laxman claimed regional parties are suffering losses due to the Congress's weaknesses.
The higher US interest rates and a cautious risk appetite among foreign investors are also resulting in continuous pressure on the Indian Rupee. Experts believed that the rupee's weakness is being reinforced by deteriorating trade fundamentals.
The IMF's new assessment warns that Pakistan faces deep corruption and governance weaknesses and must enact urgent reforms. It says improving transparency, oversight and tax systems could raise GDP by up to 6.5 per cent, while political influence and weak institutions continue to undermine p