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MUMBAI: The rupee fell to a record low of 93.71 on Friday, dropping 108 paise from its previous close of 92.63, marking its sharpest single-day decline in four years, as fears of oil prices staying above $100 for longer intensified with the West Asia conflict widening to attacks on energy infrastructure in the region.Forecasters are…

NEW DELHI: Supreme Court on Friday greenlighted the Rs 18,263 crore Versova-Bhayandar Coastal Road Project that will adversely impact close to 46,000 mangrove trees but directed Brihanmumbai Municipal Corporation to scrupulously comply with Bombay HC directions to file yearly audit reports on status of afforestation, to be carried out prior or simultaneously, for a period…

Years ago it was the Covid pandemic, then Russia–Ukraine conflict, then came Trump’s tariffs and now the world is witnessing a raging crisis in the Middle East. Different timelines, different circumstances but each time, the impact lands closer home. In the first week of the raging conflict with Iran, the US spent $11.3 billion. But…

NEW DELHI: The fundamental right to travel can’t be curtailed “indefinitely”, the Delhi high court said Friday as it quashed look-out circulars (LOCs) issued against NDTV founders Prannoy Roy and Radhika Roy in 2021 following a case lodged against them by the CBI.Underlining the right to travel abroad is an integral part of the right…

NEW DELHI: Feeling the pinch of a surge in global crude prices, oil marketing companies on Friday increased the retail price of 95-octane premium petrol by nearly Rs 2 a litre and jacked up the rates of industrial diesel by Rs 22 a litre.At the same time, IndianOil, the country’s largest fuel retailer vowed to…

NEW DELHI: PM Narendra Modi on Friday used Instagram to amplify a simple public health message – cut down on sugar and prioritise fitness.Sharing a short reel posted by Yuvraj Dua, in which he had urged the PM to advise his father to reduce sugar intake, Modi said he would echo the appeal not just…

A federal jury in San Francisco has found Elon Musk liable for defrauding Twitter (now X) investors in 2022 by disparaging the company in an effort to secure a lower purchase price for the platform, Bloomberg News reported on Friday.Jurors concluded that Musk intentionally misled shareholders by claiming the social media company—later renamed X—had an…

Omar Abdullah (File photo) NEW DELHI: J&K CM Omar Abdullah on Friday came out strongly in support of his Bengal counterpart Mamata Banerjee on the issue of EC transferring officials in poll-bound Bengal, saying these “sweeping transfers only happen in non-BJP-governed states”.“Bengal will once again prove that officers don’t win elections for political parties; members…

The Central Board of Direct Taxes (CBDT) on Friday notified the Income-tax Rules, 2026 to operationalise the simplified direct tax legislation passed by Parliament last year, with the new framework set to come into effect from April 1. “These rules may be called the Income-tax Rules, 2026. They shall come into force on the April…

NEW DELHI: As India and Bangladesh look to work towards a pragmatic reset in ties, Bangladesh high commissioner Riaz Hamidullah Friday called on external affairs minister S Jaishankar and also commerce and industry minister Piyush Goyal.Jaishankar said that the conversation with Hamidullah was focused on advancing bilateral ties. In a social media post about the…