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BusinessPhoto: TOI Business

Rupee Gains 49 Paise as RBI Imposes Curbs to Stop Speculation

The rupee appreciated by 49 paise to close at 95.28 per dollar on Tuesday, up from 95.77 in the previous session. This gain outperformed other Asian currencies following the Reserve Bank of India's introduction of measures to curb dollar demand and speculative trading. These measures have widened bid-ask spreads in the forwards market and shifted some trading to the non-deliverable forward market.

TOI Business·

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SportsPhoto: News18 Sports

Barcelona Comeback Beats Galatasaray, Tops UCL Points Table

Barcelona defeated Galatasaray 4-1 at Istanbul’s Ali Sami Yen stadium in the Champions League, with Lamine Yamal starring after halftime. Coach Hansi Flick praised Yamal for turning the game around. The win puts Barcelona first in the UCL points table with two wins, while Galatasaray remains without points near the bottom. Galatasaray led early but Barcelona responded strongly to secure the victory.

News18 Sports··Istanbul

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BusinessPhoto: ET Markets

Sebi Extends IPO Size Flexibility Until March 2027

Sebi has extended the deadline by six months, allowing companies to adjust their IPO issue sizes without requiring new approvals. This extension applies to IPOs starting by March 31, 2027. Lead managers can now modify offer documents to reflect these changes while ensuring the primary objectives are maintained.

ET Markets·

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PoliticsPhoto: Deccan Herald

Malenadu Contractors Demand Karnataka Govt Clear Rs 1,800 Crore Bills

The Malenadu Contractors’ Association in Shivamogga has urged the Karnataka government to settle pending bills worth Rs 1,800 crore for projects from the 2022-23 financial year. Association secretary H C Umesh highlighted delays in payments, causing contractors difficulty in paying wages, buying materials, and repaying loans. He called for faster clearance of bills, especially before Dasara bonuses are due.

Deccan Herald··Shivamogga

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HealthPhoto: Times of India

Pope Leo XIV Successfully Undergoes Lung Surgery for Cancer

Pope Leo XIV underwent successful surgery to remove the lower lobe of his right lung after tests confirmed lung adenocarcinoma. The operation at Rome's Gemelli Hospital lasted about 90 minutes with no complications. Doctors used a video-assisted technique and removed all suspected cancer tissue. Further treatments like chemotherapy are pending additional test results, according to the Vatican.

Times of India··Rome

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PoliticsPhoto: The Hindu

Odisha Cabinet Praises Narendra Modi for 25 Years in Public Life

The Odisha Cabinet passed a resolution congratulating Prime Minister Narendra Modi on completing 25 years of continuous public service. The resolution highlighted Modi's transformative impact on India and Odisha since he became PM in 2014. Chief Minister Mohan Charan Majhi praised Modi's leadership, emphasizing his 'India First' principle and courage in facing challenges like the COVID-19 pandemic and geopolitical instability.

The Hindu··Bhubaneswar

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