The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued. However, a weaker dollar index and a fall in global crude oil prices cushioned against a steeper decline, according to forex traders.
Winning the mayoral election of New York, Zohran Mamdani has charted a remarkable course. As the first Muslim and South Asian mayor, he will be the first immigrant to ascend the City Hall in nearly 50 years.
“Dhoom Machale…” The exuberant, celebratory track from the 2004 blockbuster “Dhoom” rounded off Zohran Mamdani’s victory speech, more evidence that New York’s newly elected mayor embraces his many identities with a light-as-souffle touch.
In a holiday-season flavored but hard-sounding telephone conversation, Indian Prime Minister Narendra Modi was called by former US President Donald Trump earlier this week, wishing him Diwali greetings and discussing some serious matters like how the two nations trade and why India imports oil from Russia.
Sergio Gor, the US Ambassador-designate, received Prime Minister, Narendra Modi, in New Delhi, with this being a significant diplomatic activity with Gor taking office of the new role of enhancing India-US relations.
U.S. President Donald Trump is again in the news by his indication that he could invoke a law that predates the constitution by several centuries, the Insurrection Act of 1807, to put military forces within the United States.
Sanae Takaichi, 64, has been elected as the new leader of Japan’s ruling conservative party. This puts her in a position to potentially become Japan’s first female prime minister. Takaichi, a former government minister, TV host, and heavy metal drummer, is a well-known but controversial figure within the right wing of the ruling Liberal Democratic Party (LDP).
In a surprising diplomatic move that could reshape regional dynamics, Pakistan has reportedly offered the United States access to a port on the Arabian Sea, located in the small coastal town of Pasni in Balochistan around 70 miles from the China-developed Gwadar port and 100 miles from the Pakistan-Iran border.
The relationship between the United States and India is being strained and the matter in the middle of the storm is oil. Washington displeased with the fact that the New Delhi is still purchasing crude oil with Russia, and the Trump administration has reacted with hefty trade sanctions. However, as verbal abuse goes on between the two democracies, a single global power, China, has decided to remain silent.
US President Donald Trump accused India and China of financing Russia’s war in Ukraine, a charge that he made on September 23, 2025, when addressing the 80th session of the United Nations General Assembly in New York.
