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Rupee slips 12 paise in early trade

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Rupee slips 12 paise in early trade

The rupee fell 12 paise to 75.72 against the US dollar in open trade on Tuesday, February 15, 2022, as geopolitical tensions and rising domestic inflation weighed on investor sentiment.

Ongoing foreign capital outflows and rising crude oil prices also weakened positions in the rupee, foreign exchange traders said. In interbank foreign exchange, the rupee opened at 75.60 per dollar before sliding further to 75.72, down 12 paise from the previous close.

On February 14, the rupee lost 24 paise against the dollar to settle at a more than nine-week low of 75.60.

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Meanwhile, the U.S. dollar index, which measures the greenback’s strength against a basket of six currencies, was down 0.18% at 96.19.

Inflation breaches RBI’s ‘cap’
On the domestic macroeconomic front, retail inflation crossed the RBI’s 6% ceiling for the first time in seven months in January, while the wholesale price index remained in double digits for the 10th consecutive month.

“Rising concerns over Russia-Ukraine tensions and their impact on crude oil and a possible global rate hike scenario could limit the appreciation bias,” said Sriram Iyer, senior research analyst at Reliance Securities.

In addition, Iyer noted that differing policy outlooks from the RBI and the Federal Reserve, higher domestic inflation, and lack of central bank controls could also limit the appreciation bias.

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Meanwhile, Brent crude futures, the global oil benchmark, fell 0.68% to $95.82 a barrel.

On the domestic stock market, the 30-share Sensex gained 233.49 points, or 0.41%, to 56,639.33, while the broader NSE Nifty gained 48.35 points, or 0.29%, to 16,891.15.

Foreign institutional investors remained net sellers in capital markets on Monday as they dumped shares worth Rs 4,253.70 crore, according to stock exchange data.

Complete News Source : The Hindu

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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