The rupee today slipped by 2 paise to settle at a fresh seven-month low of 65.66 against the US currency due to sustained dollar demand and forex outflows, extending its fall for a third day amid surging crude prices.

The rupee had fallen to a low of 65.79 in early trade but the RBI's suspected intervention helped the currency recover to a day's high of 65.59.

Air India has ordered a probe into the complaints that one of its senior pilots threatened to hit his co-pilots with 'crash axe' at least on two flights, the sources said.

While ordering probe, India's national carrier also directed the senior pilot not to perform his duties as an instructor till further orders. His 'trainership,' however, was restored last week.

E-commerce giant Amazon has silently launched a web browser for Android devices in India called ‘Internet’ which it claims is fast, doesn’t occupy much storage space on a user’s device and does not collect private data like other browsers.

The browser, which has been available on the Google Play Store since March, has just over a hundred installs so far.

Stocks took a breather today after nine sessions of gains owing to a rush among investors to book profits towards the fag-end amid sustained foreign fund outflows even as global cues were positive.

The BSE Sensex, after resuming higher at 34,443.42, advanced to hit a high of 34,591.81 on buying by domestic institutional investors (DIIs) as well as retail participants.

The National Company Law Appellate Tribunal (NCLAT) on Wednesday recalled its previous order which allowed debt-ridden Reliance Communications to proceed with the sale of its tower and fibre assets.

The sale of these businesses form an important part of the overall Rs 250 billion asset monetisation blueprint of the troubled company.

Under fire for patting the cheek of a woman journalist, Tamil Nadu Governor Banwarilal Purohit on Wednesday tendered an apology to her.

The 78-year-old governor had patted Lakshmi Subramanian on the cheek when he was about to leave the venue of a press conference, triggering an outrage by the journalist fraternity and opposition parties, including the DMK.

Prime Minister Narendra Modi on Wednesday arrived at 10 Downing Street for a breakfast meeting with his British counterpart Theresa May during which the two leaders are expected to discuss wide range of issues of mutual interest, including cross-border terrorism, visas and immigration.

Modi was greeted with the customary handshake by May.

Very welcome to London, Prime Minister, May said as she greeted Modi, who arrived in a Tata Motors Range Rover.

Amid massive uproar over the Kathua rape and murder case, President Ram Nath Kovind on Wednesday said, ‘it was shameful that despite 70 years of Independence, such an incident took place in the country.’

‘We have to think what kind of society are we developing. It is our responsibility to ensure such a thing does not happen to any girl or woman,’ the President said during an event at Vaishno Devi University in Jammu and Kashmir’s Katra on Wednesday.

Indian police have launched an investigation into a Delhi-based pharmaceutical company for allegedly defrauding state-run Punjab & Sind Bank and four other banks of 6.21 billion rupees ($94.57 million), police said.

Investigation is continuing, Central Bureau of Investigation (CBI), the federal police, said in a statement on Tuesday. The CBI said the searches were conducted at seven locations and recovered some documents.

Virat Kohli earned the right to wear the Orange Cap as he become the batsman with most runs in this year's Indian Premier League (IPL 2018) so far. Royal Challengers Bangalore (RCB) captain Kohli scored 92 not out against Mumbai Indians (MI) on Tuesday night.

However, Kohli didn't just climb to top of the run scorers' list in this IPL but he also overtook Suresh Raina to become the highest all-time scorer in the Indian Premier League.

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