Rupee gains 50 paise against dollar after RBI relaxes investment norms

IANS | June 5, 2026 12:33 PM

New Delhi, June 5 (IANS) The Indian rupee appreciated sharply against the US dollar on Friday after the Reserve Bank of India eased investment norms for foreign portfolio investors (FPIs) and announced measures aimed at improving capital flows, boosting investor sentiment.

US probes Chinese involvement in manufacturing projects receiving tax incentives

IANS | June 5, 2026 12:18 PM

Washington, June 5 (IANS) The Trump administration is investigating reports of continued Chinese involvement in US manufacturing projects receiving federal tax incentives, US Treasury Secretary Scott Bessent told lawmakers on Thursday, signalling heightened scrutiny of Beijing's role in sectors Washington considers strategically important.

DU Assistant Professor found murdered in Vasundhara Enclave flat; police launch probe

IANS | June 5, 2026 12:11 PM

New Delhi, June 5 (IANS) A Delhi University Assistant Professor was found murdered in her flat in East Delhi’s Vasundhara Enclave, police said on Friday. The Delhi Police have launched a detailed investigation and are examining CCTV footage, along with tracing individuals who may have visited the residence in the days leading up to the incident.