Quick Reads
News Dabba 26 September: Five stories across the web for a balanced news diet
Here are the daily updates that the internet is talking about through various news websites.
Indie Journal brings you the daily updates that the internet is talking about through various news websites. Here's a glance through some of the National and International news updates, Rupee's further depreciation, Italy on its way to forming a far-right government, to Typhoon Noru battering the Philippines.
The Hindu reports Rupee falls 43 paise to an all-time low of 81.52
The rupee depreciated 43 paise to an all-time low of 81.52 against the US dollar in early trade on Saturday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit, the Hindu reported. At the interbank foreign exchange, the rupee opened at 81.47 against the greenback, then fell to 81.52, registering a fall of 43 paise over its previous closing. The report added that on Friday, the rupee slumped 30 paise to close at a fresh lifetime low of 81.09 against the US dollar. It also says that experts suggest that the Indian rupee is likely to remain weaker as investors expect that the US Fed will continue to hike interest rates aggressively to cool inflation. Read the full report on the Hindu.
Italy's far-right on course to win election, BBC report
BBC reports that far-right leader Giorgia Meloni has claimed victory in Italy's election. Meloni is widely expected to form Italy's most right-wing government since World War Two. The report says this will alarm much of Europe as Italy is the EU's third-biggest economy. Meloni is set to win 26 percent of the vote, based on provisional results, ahead of her closest rival Enrico Letta from the center-left. Read the full report on BBC.
Indian Express: Azad launches ‘Democratic Azad Force’ party
Former Jammu and Kashmir chief minister Ghulam Nabi Azad Monday floated his own party, the Democratic Azad Force. Indian Express reports that he appealed to the people of both Jammu and Kashmir to break the artificial walls being raised between them. Azad also released his party flag with three strips in different colours—mustard, white and dark blue. The report also adds that as per Azad, the mustard colour means creativity, power to think and unity in diversity, white stands for peace and brotherhood, while dark blue in the flag represents open space and freedom to think and tolerance and imagination. Read the full report on IE.
Five killed as Typhoon Noru powers across northern Philippines, Al Jazeera updates
The Philippines has begun cleaning up after Typhoon Noru swept across the northern part of the country, leaving five rescuers dead. Al Jazeera's update on the typhoon says that the storm battered the country with floods and power cuts, but left the capital relatively unscathed. Noru was the most powerful typhoon to hit the Southeast Asian nation this year. Read the full report on Al Jazeera.
33 dead in the worst waterways disaster in Bangladesh in over a year, the Wire reports
At least 33 people were killed and around 58 were missing after a boat packed with Hindu devotees sank on Sunday, September 25, in Bangladesh, the Wire reported. It said Bangladesh daily Prothom Alo has reported that 16 women, 11 children and six men are among those found dead. Operations to retrieve bodies are still on. A five-member committee has been investigating the incident, the report adds. Read the full report on the Wire.
