The rupee depreciated 6 paise to 77.50 against the US dollar in the opening trade on Wednesday as a surging American currency in the overseas markets and persistent foreign fund outflows weighed on investor sentiment. Besides, rising global crude prices impacted the domestic unit, forex traders said. However, a higher opening in the domestic equity market restricted the rupee's fall, they added.

The rupee on Tuesday recovered from its all-time intra day low of 77.79 to close higher by 7 paise on a stellar rally in domestic stock markets. After opening lower at 77.67, the local unit plunged further to its all-time intra-day low of 77.79 due to a spike in crude oil prices and disappointing macroeconomic data. However, a strong rally in domestic equities helped the rupee rebound and close at 77.48 (provisional), showing net gains of 7 paise over the last close of 77.55. The forex market was closed on Monday on account of Buddha Purnima.

Wholesale price-based inflation spiked to a record high of 15.08 per cent in April on rising prices across segments from food to commodities. The WPI-based inflation was 14.55 per cent in March and 10.74 per cent in April last year. "The high rate of inflation in April 2022 was primarily due to rise in prices of mineral oils, basic metals, crude petroleum & natural gas, food articles, non-food articles, food products and chemicals & chemical products etc. as compared to the corresponding month of the previous year," the commerce and industry ministry said in a statement.

'My father's dreams for me were connected to cricket.'
'I knew if I did well in cricket, his soul would rest in peace.'

Chinese nationals teaching Mandarin in different parts of Pakistan have left for home after being called back by Beijing following the recent deadly attacks targeting them, an official of the Karachi University said on Monday.

This comes days after a 23-year-old woman from Jaipur has alleged that Rohit Joshi, the son of Rajasthan Minister for Public Health Engineering, raped her on multiple occasions over a year, following which the Delhi Police has registered a zero FIR initially.

The Indian startup ecosystem recently celebrated the 100th unicorn milestone. It came after a month of no big fund announcements. Compare this to 2021, when three to four unicorns were being added every month. Nevertheless, the 100th unicorn needs to be celebrated since the first unicorn was announced in 2011 - 11 years ago.

The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.

Santosh Patkar of Devgadh Taluka Sindhudurg district of Maharashtra is a worried man these days. Devgadh, which is known as the home to world famous Alphonso variety of mangoes, has seen an unusual drop in yields which is affecting farmers' income. Being one of the primary agricultural produce from the area, Santosh is not untouched by this somewhat rare phenomenon. He said in his own mango garden, yields have come down by a third from most trees.

A senior Delhi police officer said the Rajasthan Police has been intimated about the FIR and will further investigate the matter.

Finance Minister Nirmala Sitharaman has said the recent interest rate hike by the Reserve Bank was not surprising for her but the timing was, asserting that the rising cost of funds will not impact the government's planned infrastructure investments. For the first time since August 2018, RBI had on May 4 delivered a blunt 40 basis points increase in key repo rate to 4.40 per cent, and also hiked the cash reserve ratio by 50 basis points to 4.5 per cent after an unscheduled meeting of the rate setting panel, citing increased inflation pressures following the Ukraine war and the resultant spike in crude oil prices. Retail inflation printed at 6.9 per cent in March and the April reading is forecast to top 7.7 per cent.

For some, the delayed Asian Games means more time to rest and prepare, for others the postponement has "messed up" their planning.

The incident happened when the plane was taxiing at Chicago's O'Hare International Airport.

At around 8:30 pm local time on May 3, a series of rocket strikes hit targets across Lviv, with columns of smoke filling the sky over the city.

If you consume enough water in a day, you'll notice a 14 percent increase in productivity at work, says Dr Siddhant Bhargava, nutritional scientist and co-founder, Food Darzee.

Pacer Mohsin Khan picked up four wickets as Lucknow Super Giants outclassed Delhi Capitals by six runs, to inch closer to the IPL play-offs, at the Wankhede Stadium in Mumbai on Sunday.

'A patient visits for any other treatment, but a routine Covid test finds him to be positive.' 'Not only are they, but their whole family is also coming out to be positive.'

Runway 34 is a clumsy cocktail of Hollywood movies spiked with the Bollywood brand of God complex, sighs Sukanya Verma.

India's fertiliser subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher import price, top sources said on Thursday. The government will ensure that there is no shortage of fertilisers in the country during the kharif (summer-sown) and rabi (winter-sown) season and it is already in talks with major global producers to import key soil nutrients, they added. According to the sources, Union Chemicals and Fertilisers Minister Mansukh Mandaviya is likely to visit many countries, including Saudi Arabia, Oman and Morocco, soon to secure imports on both short and long term basis.

First coach Manhas remembers 17-year-old terrorising Ranji batters at nets

Tope, however, stressed that there was no need to panic as the count of active cases in the state still stood below 1,000, while the number of cases per million in the state was far less than other states.

Beijing's health officials on Monday announced 29 fresh cases taking the total cases to 70 in the city.

The decision was taken at a meeting headed by Chief Minister Basavaraj Bommai with senior ministers, officials and the COVID-19 technical advisory committee consisting of experts in Bengaluru.

The cooking oil national industry body -- Solvent Extractors' Association (SEA) of India has suggested immediate initiation of government to government (G2G) dialogue with Indonesia on the proposed palm oil export ban from April 28 by them as it would have an adverse repercussions in India. Indonesia, which is the world's largest producer of palm oil and meets nearly 50 per cent of the total palm oil requirement in India annually, had announced to ban exports till further notice apparently to contain edible oil prices in their domestic market. "We have suggested our government initiate dialogue with Indonesian counterparts at the highest diplomatic level on the cooking oil export ban.

Beijing on Monday began mass COVID-19 testing of over 3.5 million people in one of the city's high-profile districts following a spike in cases, while Shanghai reported a record 51 deaths in a day as the eastern metropolis continued to grapple with the Omicron variant for the fourth week.

Thousands of Inter University Students' Federation (IUSF) students were seen sloganeering outside the Prime Minister's Residence in Wijerama Mawatha.

In what could be a lesson learnt from the ongoing Russia-Ukraine war where anti-tank missiles have played a big role, the Indian Air Force is arming its Russian-origin helicopters with the Israeli 'Non-Line of Sight (NLOS) ATGMs' which can hit ground targets from distances up to 30 km.

This may come as a surprise to many. Retail price inflation in petrol was the lowest at 10.21 per cent in March since November 2020. In diesel, it scraped the bottom of the barrel at 5.19 per cent in the last month of 2021-22 since February 2020. Even liquefied petroleum gas (LPG) was at a nine-month low of 9.97 per cent in the month.

This was the maximum number of cases recorded in Delhi since February 10 when 1,104 infections were reported.

In view of a spurt in coronavirus cases in the city, the Delhi government on Wednesday made wearing of masks mandatory in public places and imposed a fine of Rs 500 on violators.

IMAGES from the IPL 2022 game between Royal Challengers Bangalore and Lucknow Super Giants in Navi Mumbai on Tuesday.

Though Covid cases are rising in Delhi and its satellite towns, the focus should be on hospital admissions that have remained the same or changed just marginally, say several scientists, underscoring that the uptick is not an indication of a fourth wave in the country at this point.

Nepal's decision to ban the import of non-essential items amid depleting forex reserves may hit Indian exports. The country's central bank - Nepal Rastra Bank - last week instructed commercial banks not to open letters of credit (LCs) for importing non-essential items. This is to prevent further decline of the country's foreign exchange reserves. However, it has not issued any formal communication yet.

The meeting of DDMA chaired by Lt Governor Anil Baijal, will review the COVID situation in the national capital, as per notice of the meeting.

From the 30-share pack, Infosys, Tech Mahindra, TCS, HDFC, HDFC Bank, Wipro and HCL Technologies were among the major laggards in early trade. Nifty tumbled 314.95 points to 17,160.70.

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The wholesale price-based inflation rose to a four-month high of 14.55 per cent in March, mainly due to hardening of crude oil and commodity prices, even though vegetables witnessed easing of price pressures. As per the government data released on Monday, WPI inflation has remained in double digits for the 12th consecutive month beginning April 2021. The last time such a level of WPI was recorded was in November 2021, when inflation was 14.87 per cent.

The COVID-19 positivity rate in the national capital has jumped from 0.5 per cent to 5.33 per cent in two weeks.

The oil ministry has stopped making fresh allocation of natural gas from domestic fields to the city gas sector, threatening the viability of Rs 2 lakh crore investment planned in the sector besides leading to a hike in CNG and piped cooking gas prices to record levels, sources said. Despite a decision of the Union Cabinet to give 100 per cent gas supply under 'no cut' priority to the city gas distribution (CGD) sector, current supplies have been maintained at March 2021 demand level. Besides, the process of allocating gas on a six-monthly average drawl also is punishing the CGD entities driving growth.

Chief Minister Arvind Kejriwal and his deputy Manish Sisodia said the number of cases might have increased but the hospitalisation rate is low.