Is the rupee’s fall eating into your investment returns? What should investors do to protect their portfolio in the current scenario? The first thing to understand is that fundamentally, a falling rupee does not have a direct impact on your investments.
Tamil Nadu Chief Minister C Joseph Vijay met with Sonia Gandhi and Rahul Gandhi in New Delhi. This meeting follows the recent induction of two Congress legislators into his council of ministers, marking the party’s return to the state government. Vijay is in the capital for a three-day visit, including attending the NITI Aayog meeting.
China’s reduced oil imports, driven by weaker demand, record stockpiles, and EV growth, are unexpectedly stabilizing global markets amid Strait of Hormuz tensions. Despite discounted Iranian crude, Beijing is drawing down reserves and cutting refinery output. This shift offers a rare scenario where the largest importer eases global energy supply pressures.
An Indian-American tech leader, Vibhav Altekar, is in the spotlight after his company’s drone boat, the Corsair, executed the US military’s first autonomous vessel rescue. Two Apache helicopter crew members were saved near the Strait of Hormuz by the remotely piloted craft, showcasing a significant advancement in maritime autonomous operations.
A significant internal rebellion is shaking the Trinamool Congress, with 19 MPs reportedly forming a separate faction, pushing the party towards a potential split. Rebel leader Kakoli Ghosh Dastidar stated they will support the NDA but not join the BJP. MP Mahua Moitra, however, dismissed the rebellion, calling the MPs ‘traitors’ and citing a court
Actress Ayesha Khan called out a viral clip from comedian Pranit More’s stand-up show, labeling it “scary” after an audience member implied he expected something in return for spending Rs 370 on a date. Pranit More later issued a public apology, admitting it was a lapse in judgement.
