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Business Standard
23 minutes ago
- Business
- Business Standard
Rupee drops to three-week low as dollar strengthens, FPIs limit fall
The rupee depreciated past the psychologically crucial 86-per-dollar mark on Thursday, tracking the strengthening US dollar, to settle at a three-week low of 86.08 per dollar, said dealers. The local currency had settled at 85.94 on Wednesday. Market participants said foreign inflows and dollar sales by exporters capped losses. 'In line with its Asian counterparts, the Indian rupee weakened against the US dollar. The dollar's rally was fuelled by President Trump's statement that he does not intend to fire Federal Reserve Chairman Jerome Powell. Even with significant dollar inflows into the primary market, the rupee followed the regional trend, closing at 86.08,' said Dilip Parmar, Senior Research Analyst at HDFC Securities. The dollar index gained 0.4 per cent to reach 98.7, reversing earlier losses after President Donald Trump addressed speculation about the future of Federal Reserve Chair Jerome Powell. The greenback had initially weakened amid concerns that Trump might attempt to remove Powell, but rebounded once the President downplayed the likelihood of such a move, calling it 'highly unlikely'. The dollar index measures the strength of the greenback against a basket of six major currencies. 'The Indian rupee was in a range of 85.79 to 86.1025 as there were inflows from the QIP of Reliance Power, while outflows from certain IPOs (Anthem Bio Sciences was subscribed 63 times, so a good-sized outflow has happened) kept it in a range. FPIs and oil companies continued to remain dollar buyers amid uncertainties in the world markets and trade deal negotiations also not getting finalised,' said Anil Kumar Bhansali, Head of Treasury and Executive Director at Finrex Treasury Advisors LLP. 'FPIs bought strongly between 85.97 and 86.1025, with the market caught short. The strong dollar index kept the rupee weak, while the fall in Asian currencies also did not help as the rupee continued to depreciate towards 86 levels,' he added.
Time of India
an hour ago
- Sport
- Time of India
Rajasthan's Mamta, Muskan in Indian handball team for Asian Youth Championship; Manisha Rathore named coach for China tournament
Jaipur: Rajasthan's Mamta and Muskan have been selected in the Indian team for the 11th Asian Youth Women's Handball Championship slated to be held from July 18 to 26 in Jiangshan, China. Manisha Rathore has been appointed as the coach of the 18-member Indian squad. The Indian women's handball team reached China on Thursday after attending the training camp, organized by SAI from June 12 to July 15 at the SAI Excellence Centre in Gandhinagar, Gujarat. The honorary secretary of Rajasthan State Handball Association, Yash Pratap Singh said that Muskan, who plays in the left back position, and Mamta, who is the pivot in the team, are the members of the Women's Handball Academy, run by Rajasthan State Sports Council in Jaipur. Manisha Rathore, who has been made the coach of the team, is working as a handball coach in the Rajasthan State Sports Council. Earlier, she was the coach of the Indian team in the Asian and World Championships. Indian women's handball team: Kanishka (captain), Shivani, Ridhima, Garima, Neha, Shiksha, Muskan (Himachal Pradesh), Mamta, Muskan (Rajasthan), Naina (vice-captain), Komal, Ananya, Vaishnavi Singh (Uttar Pradesh), Manali (Gujarat), Kaafi (Haryana), Amrita, Aditi, Sakshi (SAI). Coaches: Sachin Chaudhary, Manisha Rathore, Binoy, Naveen Poonia. Physio: Monika Sharma.
New York Post
an hour ago
- Entertainment
- New York Post
‘Crazy stalker' toasts bride and groom with unhinged wedding speech confession: ‘What does she have that I don't?'
Her big day speech left 'em speechless. There's nearly nothing sweeter than a sweetheart declaring her undying devotion to the groom at a wedding — unless, of course, the lady professing her love isn't the bride. 'I let this crazy woman attend my wedding and she crashed out,' newlywed Dan Freed wrote in the closed-captions of a startling scene from his nightmarish nuptials. Advertisement 4 A groom virally claims that a 'stalker' hijacked his wedding by delivering a 'crazy' speech during the reception. @dan_freed/TikTok Eye-popping footage of the reception ruckus, which pulled in nearly 600,000 TikTok views, features an unnamed dame shamelessly fawning over Freed in front of his new wife and well-wishers before spiraling into an emotionally charged tirade. But social media skeptics can't seem to decide whether the gal, who Freed has deemed a 'stalker,' is a legit wedding crasher or simply a paid actor, hired to shake things up at the shindig. Advertisement 'You are the luckiest woman in the world,' began the blonde in her speech. 'Dan is such a great guy. He's got everything a woman could ever want.' 'He's kind, generous, successful, gorgeous. He's got an incredible body,' she continued to the laughing crowd before ripping the microphone off its stand and announcing, 'I'm just going to speak from the heart.' That's when the vibes switched from cutesy to kooky. 4 Stunned social media spectators showered Freed and his new bride with support in light of their wedding day disruption. Scott Griessel – Advertisement 'I would do anything to be you, Carolyn,' the showstopper said to the bride as onlookers nervously chuckled. 'No really, I would,' she asserted angrily, 'because, Dan, you never even gave us a chance, you never even gave us a chance.' 'I'm the one who taught you to make crab cakes,' ranted the distressed damsel, while the once-giggling faces of the onlookers turned stone-cold in shock. Freed jumped out of his seat and wrested the mic out of the woman's hands. Advertisement 'What does she have that I don't?,' she screamed. 'I'm Asian, too. I can dye my hair black.' 4 Freed's clip has left the internet divided as to whether the woman's meltdown was legit or a staged skit. @dan_freed/TikTok A handful of horrified folks online called the disastrous display 'crazy,' and offered Freed and his new wife sympathy and support. 'Block her number in his phone and everywhere on social media, cuz she ain't gonna leave him alone everrrrrr,' advised a concerned commenter. 'Men and women cannot be strictly platonic friends. Especially not when you are in a committed relationship. Only exception is if she's also in a relationship and you are only together as couples. Even then… caution,' wrote another. 'I kinda feel bad for her, mostly because everyone was laughing probably thinking it was a joke at first,' a bleeding heart chimed. Freed responded saying, 'It was very awkward. I think the laughs turned to anger really fast.' 4 Freed claims his wedding guests were also confused by the woman's wacky confession. Halfpoint – Advertisement Still, some not-so-easily fooled cynics seem to be convinced that the meltdown was nothing more than an afterparty prank. 'Dan this can't be real why was she invited if it was?,' questioned an audience member. 'Are we sure this isn't just a wedding of improv actors and their closest friends because this is so good,' another said. 'Great set!,' joked a doubter. 'Weddings are overrated, so I'm glad yours had entertainment.' Advertisement 'Please let this be staged,' a separate viewer prayed, prompting Freed to answer, writing, 'Who would be crazy enough to destroy their own wedding.' And he's right. Wild wedding speeches can upend perfectly pleasant unions. Desiree White, a recent bride, was swept off of her feet, when the best man confessed his love in a toast at her special soirée. Advertisement Rachel, another newly hitched heartbreaker, from Oklahoma, was publicly outed for cozying up to her groom while she was still in a relationship with his best friend, Dylan, who was also the best man. 'I just noticed the connection they had,' said Dylan in his shocking address to Rachel's 150 wedding guests. 'The laughs they shared together, the way they looked at each other.' 'And you would think it sounds really romantic, but the only problem was I was dating Rachel at the time.'
The Hill
an hour ago
- Politics
- The Hill
Belarus courts the west as its opposition keeps fighting
On June 21, Belarusian President Alexander Lukashenko, an authoritarian who has ruled the nation since 1994, freed 14 political prisoners, including the husband of exiled opposition leader Sviatlana Tsikhanouskaya. This happened hours after Lukashenko received U.S. envoy Keith Kellogg in the capital of Minsk. The release of Siarhei Tsikhanouski — known as ' Minsk's number one political prisoner,' who had received the regime's harshest verdict of 18 years — underscores the high-profile nature of the gesture. Kellogg's visit was not his first. On Feb. 12, soon after his initial trip to Belarus, the authorities pardoned three political prisoners, including an American citizen. The June amnesty therefore builds on a pattern linking each wave of releases to Kellogg-brokered diplomacy. The end of the isolation of the Lukashenko regime, however, does not necessarily mean abandonment of Belarusian opposition. Every year since she emerged in 2020, Sviatlana Tsikhanouskaya has used major international platforms — from long-form journalism and television interviews to speeches at parliaments, security conferences and her own social channels — to repeat the same demand: freedom for all Belarusian political prisoners. The consistency of that message underlines that freeing everyone, not a token few, is non-negotiable for the democratic movement she leads. Posting on social media, Tsikhanouskaya thanked President Trump, Kellogg and other partners for securing her husband's freedom. She added, 'We're not done,' and urged that the remaining 1,186 political prisoners be released as well, a demonstration that the fight against the regime will persist. With so many political prisoners still behind bars, Lukashenko's selective pardons fall far short of systemic change. Yet they signal a calculated bid to shed pariah status and rebalance Belarus's dependence on Russia and Vladimir Putin. Belarus is the world's third-largest producer of potash, a key component of fertilizer, but sanctions and Lithuania's 2022 ban on its using the port of Klaipeda have cut it off from Western buyers. Almost all Belarusian potash now travels by rail through Russia to China and other Asian customers. Because Russia controls this sole export route and competes with Belarus in the same fertilizer market, it can charge premium transit fees, squeezing Belarusian profits and deepening Lukashenko's dependence on the Kremlin. Putin's leverage helps explain why Lukashenko trades high-profile prisoner releases for talks on easing sanctions and restoring cheaper sea access. Sending Kellogg to Minsk lets Trump advertise an early foreign-policy win: a humanitarian deal, plus a possible opening for Ukraine peace talks. To pull Belarus even slightly out of Putin's orbit strengthens Trump's argument that his personal diplomacy can keep Russia in check. Over 90 percent of the potash used in the U.S. is imported. Top countries for potash exports include Canada, Belarus, China and Russia, with the last three accounting for more than 40 percent of global supply. Belarus has turned eastward since Western sanctions cut off its traditional routes: China's share of Belarus's potash sales surged from 17 percent in 2021 to more than 70 percent in 2023. President Xi Jinping hailed Lukashenko as a 'true friend' during the Beijing summit on June 4. For Trump, who has pursued a consistently hardline stance toward Beijing, the June deal that freed Tsikhanouski also serves as proof that his direct, transactional diplomacy can peel partners away from Beijing while advancing U.S. security aims — whether that is diversifying fertilizer supply chains or kick-starting Ukraine peace talks. While economic and political calculations may shape how the Trump administration engages with Lukashenko, they do not equate to an end of international criticism of the Lukashenko regime or support for the Belarusian opposition. On March 27, the EU added 25 more officials and seven entities to its Belarus list of 310 individuals and 46 entities under asset freezes and travel bans, keeping Belarus under the same scrutiny as before the prisoner-release diplomacy began. High-level political platforms remain open to Tsikhanouskaya and her allies, and foreign legislatures and multilateral bodies still push accountability. This international pressure helps to keep the opposition's cause alive and ensures that the struggle for democracy in Belarus still has external backing. Tatsiana Kulakevich is an associate professor of instruction in research methods and quantitative analysis at the University of South Florida.
Time of India
an hour ago
- Business
- Time of India
Top 5 richest people in India (July 2025): Their combined net worth can't match Elon Musk's fortune
List of India's richest people: India is home to some of the richest people in the world, with billionaires leading industries ranging from energy and telecom to pharmaceuticals and technology. But despite their vast fortunes, even the top 5 richest people in India fall short when compared to Elon Musk, the world's wealthiest man, according to Forbes. As of today, July 17, 2025, the combined net worth of India's richest people is around $279.5 billion—far less than Elon Musk's staggering wealth of $400.7 billion, according to Forbes. Let's take a look at the top Indian billionaires and how they've built their empires. India's Billionaire Boom in 2025 India has seen a strong rise in the number of billionaires. According to Hurun's Global Rich List (March 2025), the country now has 284 billionaires — 13 more than last year. In 2022, India had 249 billionaires, but the number dropped to 187 in 2023 due to market disruptions. However, the country made a big comeback in 2024 with 276 billionaires. This steady growth now makes India the world's third-largest hub for billionaires, after the USA and China. The collective wealth of these tycoons stands at an eye-watering Rs 91.35 lakh crore ($1,067,582.93 million), surpassing even the GDP of Saudi Arabia. This rise marks a 10% increase year-on-year, showcasing the strength and expansion of Indian enterprise. Top 5 Richest People in India (July 2025) 1. Mukesh Ambani – $112 Billion Mukesh Ambani, chairman of Reliance Industries, continues to be the richest person in India in July 2025 with a net worth of $112 billion. He is also the only Asian featured in Forbes' exclusive $100 billion club. Reliance operates across major sectors like oil refining, retail, digital services, and 5G technology. Ambani is also investing heavily in green energy and telecom, helping him stay at the top of India's richest people list. 2. Gautam Adani – $68.4 Billion Gautam Adani, founder of the Adani Group, is the second richest person in India with a net worth of $68.4 billion. Although his wealth has dropped since 2024, he remains one of the strongest business leaders in India's infrastructure sector. His group runs key assets like ports, airports, power stations, and renewable energy plants. The Adani Foundation, led by his wife Priti Adani, works on various social projects across the country. 3. Savitri Jindal & Family – $37.8 Billion Savitri Jindal, chairperson emeritus of the O.P. Jindal Group, is India's richest woman with a net worth of $37.8 billion. She took charge of the family business after the passing of her husband, Om Prakash Jindal. Her four sons manage different sectors of the group, which focuses on steel, power, cement, and infrastructure. The group also promotes sports in India through JSW Sports. 4. Shiv Nadar – $34.6 Billion Padma Bhushan Shiv Nadar, founder of HCL Technologies, ranks fourth on the list of the richest people in India, with a net worth of $34.6 billion. He played a key role in building India's IT sector, and HCL now serves global giants like Microsoft, Cisco, and Boeing. He is also known for his charitable work, donating over Rs 1,100 crore in 2022 to support education and development. 5. Dilip Shanghvi – $26.7 Billion Dilip Shanghvi, founder of Sun Pharmaceutical Industries, is the fifth richest Indian in 2025, with a net worth of $26.7 billion. Sun Pharma became the first Indian pharmaceutical company to cross a $5 billion valuation under his leadership. A major milestone in his journey was the $4 billion acquisition of Ranbaxy Laboratories in 2014, which helped Sun Pharma become a global pharmaceutical leader. Elon Musk vs India's Billionaires: The Huge Wealth Gap While India's top five billionaires are extremely wealthy and powerful, their combined fortune of $279.5 billion still falls short of Elon Musk's net worth, which is $400.7 billion as per Forbes. The Tesla and SpaceX founder continues to top the global rich list, with a gap of over $120 billion between him and India's richest people combined. The richest people in India continue to shape the nation's economic future, leading global businesses and fuelling innovation. While they may not have reached Elon Musk's net worth just yet, their influence and legacy in Indian and global markets are undeniable. Stay tuned as India's richest individuals evolve and new names rise to the top of the Forbes billionaires list. For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here.
