Forex traders said the Indian rupee touched new all-time lows weighed down by negative domestic markets which fell nearly 1.18%. A recovery in crude oil prices and FII outflows also dented investor sentiments. However, the softening of the US dollar prevented a sharp fall.
In India, the Lulu group owns malls in Kochi, Bangalore, Lucknow, Coimbatore, Trivandrum, Palakkad, Hyderabad and Calicut.
All India Cabin Crew Association in a letter recently to Chief Labour Commissioner New Delhi said compelling crew members to share rooms during overnight layover is a draconian move.
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The UK has also indicated plans to increase its military and economic presence in the Indo-Pacific to support regional stability, including proposals for increased navy patrols to boost maritime security, combat illegal fishing and respond to natural disasters in the region.
The decision follows an internal audit and financial assessment by the trustees, which revealed a sharp increase in staffing expenses, estimated at over ₹180 crore.
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The two discussed issues related to private capital participation in Global Public Goods, Energy security, and Multilateral Development Banks (MDBS) reforms on the sidelines of the World Bank and IMF Annual Meetings.
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In terms of other fundamentals, the Director for the IMF Asia Pacific Department said, "despite elections, the fiscal consolidation remains on track. Reserve position is pretty good. Macro fundamentals, generally speaking, for India are good."
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