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Rupee gains strength, opens 26 paise higher against US dollar

Roselin Ravikrishnan

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The rupee opened 26 paise higher at 71.45 against the US dollar on Wednesday. The household money on Tuesday advanced its misfortune by another 28 paise to close at another half year low of 71.71 as monetary vulnerabilities kept on gauging.

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Financial specialists remained hazard disinclined considering a large group of components including quick-spreading monetary stoppage, point of view toward outside reserve outpourings and shortcoming in most developing business sector monetary standards, as indicated by forex dealers.

However, there are expectations that the government will soon come out with stimulus measures to arrest a slowdown in consumer demand in various sectors.

“Indian rupee declined for a second day as importers and foreign banks rush for the dollar amid the recovery in crude oil prices. The market is also expecting fund outflows of around $102 million on the back of Shell selling stake in Mahanagar Gas,” VK Sharma, Head PCG & Capital Markets Strategy, HDFC Securities said on Tuesday.

In the equities market, the S&P BSE Sensex settled 74.48 points, or 0.20 percent, lower at 37,328.01, while the NSE Nifty ended 36.90 points, or 0.33 percent, down at 11,017. Foreign institutional investors (FIIs) bought equities worth Rs 373.23 crore on Tuesday, according to provisional exchange data.

“Today, USD/INR pair is required to cite in the scope of 71.20 and 71.80,” said Gaurang Somaiya, Research Analyst (Currency) at Motilal Oswal Financial Services (MOFSL).

On the worldwide front, Asian offers were exchanging level the morning exchange on Wednesday as stresses over worldwide subsidence and perpetual exchange wars competed with trusts in the significantly increased financial and monetary upgrade to prop development up. In items markets, US unrefined solidified 17 pennies to $56.26 per barrel while Brent added 23 pennies to $60.26, Reuters revealed.

In the currency market, the dollar marginally higher against the yen at 106.48 after losing 0.4 percent on Tuesday, while sterling was last trading at $1.2170. The dollar index was on the defensive at 98.178 as it drifted away from a three-week top touched on Monday, said a Reuters report.

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Here is the Distance Between Los Angeles and Hong Kong

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Distance To Los Angeles From Hong Kong is:7243 miles / 11656.48 km / 6293.99 nautical miles

Given here is the actual distance between Hong Kong, Hong Kong, and Los Angeles, United States. A guide indicating the area of Hong Kong and Los Angeles with an air travel course is additionally given. Alongside Los Angeles – Hong Kong separation, you can likewise discover current time and time distinction between Hong Kong and Los Angeles, latitude and longitude of the two urban areas and flight term.

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Hong Kong to Los Angeles Distance • Map & Travel Direction

Travel direction from Hong Kong to Los Angeles is Westundefinedundefinedundefined and direction from Los Angeles to Hong Kong is Eastundefinedundefinedundefined

The map below shows the location of Hong Kong and Los Angeles. The blue line represents the straight line joining these two place. The distance shown is the straight line or the air travel distance between Los Angeles and Hong Kong.

What is the travel distance between Hong Kong, Hong Kong and Los Angeles, United States? How many miles is it from Los Angeles to Hong Kong. 7243 miles / 11656.48 km is the flight distance between these two places.

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Junk food banned in school canteens; No sale of cola, burger, pizza or samosa within 50 meters

Keerthi Krishnan

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Junk food banned in school canteens

 The school canteen food safety department instituted the ban junk food. The Food Safety Department has established rules prohibiting the sale of junk foods within 50 meters of the school. It will come into effect in December. With the ban, the sale of cola, chips , packaged juice, burgers, pizza and samosas will be note allowed in school will be banned from selling such junk food within 50 meters Canteen operators do not advertise junk foods, and the 2019 statute guarantees food security.

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junk foods

junk foods

The law also states that high fat, salt and sugar products should not be sold. Junk foods are currently sold in school canteens across the country. There have been reports that the consumption of such foods can harm children’s health. The Food Junk foods are currently sold in school canteens across the country. There have been reports that the consumption of such foods can harm children’s health. The Food Safety Department has taken action on this basis.

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world’s largest cricket stadium to be built in Gujarat

Roselin Ravikrishnan

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World's Biggest Cricket Stadium
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