Rush Hour: Rupee sinks to record low of 90.5, four DGCA officials removed after IndiGo crisis & more
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The Indian rupee on Friday fell to an all-time low of 90.55 against the United States dollar. The drop came amid uncertainty about a trade deal between New Delhi and Washington.
The rupee also weakened because of the continued outflow of foreign capital from the equity market. It has fallen about 6% in 2025, making the rupee the worst-performing Asian currency this year.
Foreign investors have pulled out $18 billion from the Indian equity market this year. The merchandise trade deficit had also hit an all-time high in October. Read on.
The Directorate General of Civil Aviation removed four of its flight operations inspectors following the enormous disruption of IndiGo’s operations last week. The aviation regulator directed them to return to their parent organisations.
The officials had been working for the regulator on a contractual basis. They were responsible for monitoring safety, pilot training and regulatory compliance.
The Directorate General of Civil Aviation employs experienced pilots as flight operations inspectors but does not allow them to operate commercial flights while serving the role. With the suspensions, the aviation regulator has 13 such officers remaining. Read on.
A Kerala court sentenced six persons, convicted in the 2017 abduction and rape of an actor, to 20 years of rigorous imprisonment. The bench said that “considering the mitigating circumstances, there is no circumstance warranting the maximum punishment”.
The six convicted in the matter are NS Sunil alias Pulsur Suni, Martin Antony, B Manikandan, VP Vijeesh, H Salim and Pradeep. They were found guilty of rape, conspiracy and abduction, among other offences, on Monday. The court had acquitted Malayalam film actor Dileep in the case.
Dileep had been booked for criminal conspiracy, intimidation and destruction of evidence. Read on.
Bharatiya Janata Party leader Anurag Thakur filed a complaint with Lok Sabha Speaker Om Birla, alleging that a Trinamool Congress MP had smoked e-cigarettes in the House. A row had erupted in Parliament on Thursday after the BJP MP asked Birla if smoking e-cigarettes, or vapes, was permitted inside the House, noting that the device was banned in the country.
E-cigarettes are banned under the 2019 Prohibition of Electronic Cigarettes Act.
The BJP leader, without naming anyone, claimed that a Trinamool Congress MP had been “constantly smoking e-cigarettes in the House for the past several days”. Read on.
Former Union Home Minister and Congress leader died in Maharashtra’s Latur district. He was 90.
Patil started his political career in the Latur Municipal Corporation in 1967. He went on to be elected as an MLA from the Latur constituency in 1972 and served a second term in 1978. He was elected as an MP from Latur seven consecutive times between 1980 and 1999.
He served as the Union home minister from 2004 to 2008. However, he resigned from the position on November 30, 2008, after taking moral responsibility for the security lapses during the terror attack in Mumbai that took place days earlier. Read on.
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