No substance in what Modi speaks, says Rahul Gandhi
Vidisha, Nov 23 : Congress president Rahul Gandhi Friday said Indians have realised that there is no substance in what Prime Minister Narendra Modi speaks, adding the latter is mum on the issues he spoke about before the 2014 elections.
Addressing a campaign rally here for the November 28 Madhya Pradesh Assembly polls, Gandhi said Modi's speeches used to be about corruption, farmers and unemployment.
"Today, he doesn't say anything on these issues.
People of the country have realised that there is no substance in what Modi speaks. All his assurances are false," Gandhi said.
"Before 2014, Narendra Modi promised loan waiver, bonus and better price for farmers' produce; I want to ask him why were the assurances not fulfilled," he said.
When the Congress forms the next government in Madhya Pradesh, the chief minister will work for 18 hours a day to provide employment to youth, Gandhi said.
"Unemployment and farm crisis are rampant in all the poll-bound states," he said, adding the government has told Parliament that only 450 youth get jobs per day in India, as against 50,000 in China in the same period.
Gandhi promised loan waiver to farmers "within 10 days of coming to power" in Madhya Pradesh and making the state an "agriculture hub" of the country.
The Congress leader said the Shivraj Singh Chouhan government in the state destroyed the education sector with Vyapam, the entrance examination, admission and recruitment scam unearthed in Madhya Pradesh in 2013.
On the Rafale deal, Gandhi said Modi gave Rs 30,000 crore benefit to industrialist Anil Ambani by taking away the contract from the state-owned aerospace company Hindustan Aeronautics Limited (HAL).
"Even BJP leaders Yashwant Sinha and Arun Shourie have said due processes were not followed in the Rafale deal. The CBI director was about to start a probe into the Rafale scam but he was removed from his post at 2 am," Gandhi said.
"If a probe is carried out, only two names, that of Modi and Anil Ambani, would figure in it," he said.
Gandhi said,"Modi speaks of surgical strikes. The fighter aircraft used in the strikes were manufactured at HAL, while Ambani doesn't have any experience of making aircraft".
"Ambani has a debt of Rs 45,000 crore and is yet to repay the money given to him by public sector banks, he said.
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Rupee falls 28 paise to 94.77 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 28 paise to 94.77 against the US dollar in early trade on Thursday as market sentiment took a dramatic turn after reports emerged that the US and Iran are discussing a 14-point Memorandum of Understanding (MOU) aimed at reducing tensions and reopening negotiations.
Forex traders said Brent oil prices, which had fallen to USD 98 on the US-Iran peace deal, edged slightly higher to USD 101 per barrel after investors weighed the prospects for a Middle East peace deal.
Moreover, factors such as unabated foreign capital outflows amid rising geopolitical uncertainties further dented investor sentiment.
At the interbank foreign exchange market, the rupee opened at 94.77 against the US dollar, registering a fall of 28 paise over its previous close.
On Wednesday, the rupee appreciated 69 paise to close at 94.49 against the US dollar.
"Markets are currently focused on the critical 48-hour window during which the US expects Tehran’s formal response through Pakistani mediators," said CR Forex Advisors MD Amit Pabari.
US President Donald Trump on Wednesday threatened Iran with more bombing if it doesn't reopen the Strait of Hormuz, amid a report that the warring sides were nearing an agreement to end the war.
US media outlet Axios reported, quoting US officials and two other sources, that the US and Iran were getting close to a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations.
The US expects Iranian responses on several key points over the next 48 hours, Axios reported, adding that nothing has been agreed yet. This was the closest the parties had been to an agreement since the war began.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 98.01, down 0.01 per cent.
Brent crude, the global oil benchmark, was trading higher by 0.65 per cent at USD 101.83 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex declined 160.24 points to 77,798.28 in early trade, while the Nifty was down 30.25 points to 24,300.70.
Foreign Institutional Investors offloaded equities worth Rs 5,834.90 crore on Wednesday, according to exchange data.
On the domestic macroeconomic front, the country's goods and services exports rose 4.6 per cent to an all-time high of USD 863.11 billion during 2025-26, up from USD 825.26 billion in 2024-25, despite global economic uncertainties, according to revised commerce ministry data.
Merchandise exports grew 0.93 per cent to USD 441.78 billion in the last fiscal year from USD 437.70 billion in 2024-25, the data showed.
