The Indian rupee hit a record low of 77.58 against the US dollar on Monday amid unabated outflow of foreign funds after the Federal Reserve hiked policy interest rates last week. At the interbank foreign exchange market, the rupee settled at 77.50 against the US dollar, down 60 paise from its previous close of 76.90 hit on Friday. Earlier, the rupee opened sharply lower at 77.17 against the dollar and hit a record low of 77.58 in the intra-day. The Indian currency hit a new intra-day as well as the closing low. The previous record closing low of the Indian currency was 76.98 against a dollar h

Amid the sloganeering outside Delhi's Janakpuri Police Station condemning BJP leader Tajinder Bagga's arrest by the Punjab Police, Mohali DSP KS Sandhu clarified that the BJP leader was apprehended 'as per the procedure'. "Punjab Police followed the procedure in taking Tajinder Pal Singh Bagga into custody and that the case remains pending in the court..." KS Sandhu, DSP(D), Mohali. Bagga was arrested from his Delhi house on Friday morning by the Punjab Police, based on a complaint registered with its cyber cell. The BJP leader allegedly threatened Delhi Chief Minister Arvind Kejriwal in a twe

The Directorate General of Civil Aviation (DGCA) on Friday warned all airlines that are denying boarding to passengers with confirmed tickets on a flight will be viewed seriously and strict action will be initiated against the erring airline, including imposing financial penalties as per regulations. It also issued notice to the airlines after receiving several cases of denial of boarding to passengers with a confirmed ticket and warned them to comply with the provisions of the civil aviation regulations (CAR) in such cases. "It has come to the notice of this office that various airlines are d

With an increase in the number of students in government schools, the Punjab Education Department has decided to run the government schools in the state in double shifts. As per the orders released by the education department, the decision has been taken due to the lack of space and infrastructure in schools. Due to the increase in the number of students, many were seeking double shifts in schools following which the orders were released, said the letter issued. In summer the first shift will start at 7 am and conclude at 12 noon. While the evening shift will be from 12:30 pm to 5:30 pm. Simil

The RBI on Wednesday raised its key lending rate by 40 basis points to 4.40 per cent with immediate effect. The central bank also hiked the cash reserve ratio by 50 basis points. The decision was taken by the monetary policy committee (MPC) in an off-cycle meeting with the central board held May 2-4. RBI Governor Shaktikanta Das said the decision was taken in view of rising inflation, geo-political tensions, high crude oil prices and shortage of commodities globally, which have impacted Indian economy. The RBI cautioned that the economy faces global spillovers risks from geopolitical tensions,

India reported 3,205 new coronavirus infections in a day, pushing the number of active cases to 19,509 and the overall tally to 4,30,88,118, according to the Union Health Ministry data updated on Wednesday. The data released at 8 am also showed that 31 fatalities - 29 of them from Kerala alone - were reported in a 24-hour span, taking the cumulative death toll to 5,23,920. One death each was recorded from Maharashtra and Delhi, the data showed. Patiala's National Law University becomes Covid hotspot with 46 more positive cases. As many as 60 positive cases of covid have been reported at the un

The Punjab government on Wednesday launched an anti-corruption action helpline number on the occasion of Shaheed Diwas. The WhatsApp helpline number is +91 95012 00200. After Bhagwant Mann had sworn in as chief minister on March 16, he had announced that the government will launch a helpline to curb corruption in the state. He said that WhatsApp number will be his personal number and people can send videos or audios and lodge complaints as he will personally look into every corruption case. Meanwhile, the Punjab CM visited Khatkar Kalan, the ancestral village of Shaheed Bhagat Singh, and paid

Kabaddi player Sandeep Nangal Ambia was shot dead during a kabaddi tournament at Mallian Khurd village, in Nakodar. Shooting happened while a match was being played on Monday evening. Media reports suggest Sandeep had come to attend the tournament and some people were taking selfies with him when some assailants arrived in a car. Two assailants shot the kabaddi player dead and fled. Police are trying to track down the killers. Sandeep was a popular kabaddi player and belonged to Nangal Ambia village, near Shahkot.

The Board of Control for Cricket in India (BCCI), Brian Lara, Adam Gilchrist and others mourned the demise of Australian spinner Shane Warne on Friday.The iconic spinner passed away in Thailand of a suspected heart attack, his management company said in a statement to Fox Sports."It's a sad day for world cricket. First the news of Rodney Marsh & now Shane Warne Heartbreaking! I have fond memories of playing with Warne. He was the king of spin & a legend of the game who's gone way before his time. RIP. You will be missed my condolences to his family," Yuvraj Singh tweeted."Numb. The hig