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Indian rupee gains 18 paise to 75.14 against US dollar in early trade
The rupee appreciated 18 paise to $75.14 in open trade on Wednesday on signs of easing in the conflict between Russia and Ukraine.
In interbank foreign exchange trades, the rupee opened at 75.24 against the dollar before inching higher to 75.14, up 18 paise from its last close.
On Tuesday, the rupee snapped a five-session losing streak, surging 28 paise against the dollar to settle at 75.32.
Meanwhile, the U.S. dollar index, which measures the greenback’s strength against a basket of six currencies, rose 0.06% to 96.04.
“The Indian rupee opened stronger against the dollar on Wednesday as tensions in Eastern Europe eased,” said Sriram Iyer, senior research analyst at Reliance Securities.
Crude oil and the U.S. dollar were lower and supportive on Wednesday morning, Iyer said, adding that investors would be watching retail sales data and Federal Reserve minutes for further clues.
U.S. President Joe Biden has said an invasion of Ukraine remains a possibility. Biden said the U.S. remains open to a diplomatic solution, while stressing that more than 150,000 Russian troops remain on the Ukrainian border.
On the domestic stock market, 30-share Sensex shares lost 85.87 points or 0.15% to 58,056.18, while broader NSE Nifty lost 14.10 points or 0.08% to 17,338.35.
Brent crude futures, the global oil benchmark, fell 0.26% to $93.04 a barrel.
Foreign institutional investors became net sellers in capital markets on Tuesday as they dumped shares worth Rs 2,298.76 crore, according to stock exchange data.
Complete News Source : Business Standard
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According to Kangana Ranaut, she and Shah Rukh Khan represent the final generation of stars. “Stars nahin ban rahe hain OTT pe”
Kangana Ranaut has denied speculations about joining politics solely due to the box office failure of her films.
Kangana Ranaut, the BJP’s Lok Sabha candidate from Mandi for the 2024 elections, expressed gratitude towards Prime Minister Narendra Modi for her political entrance. In an interview with Times Now, she questioned whether she joined politics due to her movies’ poor box office performance, comparing it to Shah Rukh Khan’s previous unsuccessful films.
Reacting to her films’ box office failure, Kangana Ranaut
Kangana responded to a question about her career, stating that she has never had a flop. She compared Shah Rukh Khan’s films to Pathaan, Queen, and Manikarnika, noting that if she had a flop in Emergency, it would be a big hit. Kangana compared her career to Shah Rukh Khan, who had consecutive flops for ten years. She also mentioned that she had not had a single hit for 7-8 years before Queen, but after that, she had a few good movies.
No stars from OTT?
The last generation of stars, known for their talent and demand, are now able to showcase their talents more through OTT. However, the author expresses a desire to involve themselves more with the real world, rather than being consumed by the arts, stating that they are not satisfied with the current status quo.
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