Maharashtra

India: ED summons Shiv Sena MP Sanjay Raut on Tuesday

New Delhi, Jun 27 (PTI) The Enforcement Director has summoned Shiv Sena MP Sanjay Raut on Tuesday for questioning in a money laundering probe linked to the re-development of a Mumbai 'chawl', officials said.

The Rajya Sabha MP has been asked to depose before the federal agency at its office in south Mumbai on June 28 and record his statement under the Prevention of Money Laundering Act (PMLA), they said.

Indian Rupee settles at all-time low of 78.33 against US dollar

Mumbai, Jun 24 (PTI) The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 against the US dollar amid growing concerns over aggressive monetary policy tightening by central banks and relentless foreign capital outflows.

Positive domestic equities and a weak American currency overseas supported the local unit, forex dealers said.

At the interbank foreign exchange market, the local currency opened at 78.20 and finally settled at its all-time low of 78.33, down 1 paisa from its previous close.

Flight of FPIs continues; equities worth Rs 31,430 crore sold in June so far

New Delhi, Jun 19 (PTI) Aggressive rate hike by the US Federal Reserve, coupled with elevated inflation and high valuation of equities continued to keep foreign investors at bay from the Indian stock market as they pulled out Rs 31,430 crore in this month so far.

With this, net outflow by Foreign Portfolio Investors (FPIs) from equities reached Rs 1.98 lakh crore so far in 2022, data with depositories showed.

Dilip Kumar should get Bharat Ratna: Saira Banu

Mumbai, Jun 15 (PTI) Veteran actor Saira Banu says her late husband actor Dilip Kumar should be honoured with the Bharat Ratna as he is the "kohinoor" of the country.

Saira attended the Bharat Ratna Dr Ambedkar Award on late Tuesday evening, where union minister Ramdas Athawale presented the honour to Dilip Kumar, who passed away last year aged 98.

At the event, Athawale said he would request Prime Minister Narendra Modi to consider awarding Bharat Ratna, the highest civilian honour of the country, to the Hindi cinema legend.

Indian Forex reserves down by USD 2.676

Mumbai, May 20 (PTI) The country's foreign exchange reserves declined by USD 2.676 billion to stand at USD 593.279 billion in the week ended May 13, RBI data showed on Friday.

In the previous week, the reserves had declined by USD 1.774 billion to USD 595.954 billion.

According to an article 'State of the Economy', published in the RBI's Bulletin for May, foreign exchange reserves at USD 596 billion as on May 6 were equivalent to about 10 months of imports projected for 2022-23.

AstroSat witnesses black hole birth for 500th time

Pune, May 20 (PTI) AstroSat, India's first dedicated astronomy mission which is into space since 2015, has detected the birth of a black hole for the 500th time, Pune-based research institution IUCAA has said, a development scientists termed as a remarkable achievement .

Black holes are objects with a gravitational pull so strong that not even light can escape. They are the subjects of intense scrutiny from astronomers from all over the world. Scientists across the world are studying their formation.

India: RBI to pay Rs 30,307 crore dividend to govt for FY22

Mumbai, May 20 (PTI) Reserve Bank of India (RBI) on Friday said its board has approved a dividend payment of Rs 30,307 crore to the government for the financial ended March 2022.

The board approved the transfer of Rs 30,307 crore as surplus to the central government for the accounting year 2021-22 while deciding to maintain the Contingency Risk Buffer at 5.50 per cent, RBI said in a statement.

The decision on the dividend payment was made in the 596th meeting of the Central Board of Directors of RBI, headed by Governor Shaktikanta Das, held on Friday.

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