Day temperatures dropped sharply in Punjab, Haryana, and Himachal Pradesh after light rain hit north India, while Kashmir experienced intense cold wave conditions with temperatures below freezing. Himachal Pradesh saw light snowfall, closing 30 roads, and in the national capital, Delhi, a drizzle and fog greeted residents. Haryana and Punjab recorded a sharp dip in maximum temperatures, with rain lashing many parts, while high altitude areas in Uttarakhand received fresh snowfall, intensifying cold across the state.
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Amid global tumult, Rupee breaches 87 against dollar
The Indian Rupee dropped nearly 0.6% to breach the 87 mark against the U.S. Dollar amidst a global meltdown for emerging market currencies after President Trump imposed higher tariffs on Canada, Mexico, and China. Economic Affairs Secretary Ajay Seth emphasized India's focus on managing volatility and not using exchange rate policies to promote exports, aiming to make the country more self-reliant and competitive. The government aims to address uncertainties and strengthen export competitiveness through quality...
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