About 69 percent American-Muslims vote for Biden: exit poll
New York: Nearly 69 percent of Muslim voters cast their ballot for Democratic Presidential nominee Joe Biden while 17 percent supported President Donald Trump, according to a survey conducted by Muslim civil liberties and advocacy organization in the US.
The Council on American-Islamic Relations (CAIR), the nation's largest Muslim civil rights and advocacy organization, released the results of its 2020 Muslim Voters Presidential Election Exit Poll on Tuesday.
CAIR's poll of 844 registered Muslim voter households found a high Muslim turnout with 84 percent reporting that they voted in the US election, with 69 percent voting for Biden and 17 percent for Trump.
CAIR said more than one million American Muslim voters turned out in "record-breaking" numbers this election cycle.
CAIR National Executive Director Nihad Awad said the "Muslim community's significant ability to impact the results of numerous races across this country - including the presidential election - was recognized nationally."
CAIR Director of Government Affairs Robert S McCaw said there was no denying the role the Muslim community plays in local, state, and national politics.
"Now is the time to hold the politicians we elected to office accountable to ensure that the civil and religious rights of all Americans are being upheld and protected," McCaw said.
Compared with the 2016 election, in which then-President-elect Donald Trump received 13 percent of the Muslim vote, Trump in 2020 received 4 percent more support.
According to the Pew Research Center, there were about 3.45 million Muslims of all ages living in the US in 2017, and that Muslims made up about 1.1 percent of the total American population.
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Rupee rises 6 paise to 89.92 against US dollar in early trade
Mumbai (PTI): The rupee witnessed range-bound trade in the morning session on Friday, appreciating by 6 paise to 89.92 against the US dollar as thin liquidity conditions accentuated everyday demand-supply imbalances, keeping the rupee tilted toward weakness.
Forex traders said the USD/INR pair is expected to trade in a narrow range as the 90 level is being protected by the Reserve Bank of India.
Moreover, the support from positive domestic equities was offset by sustained foreign fund outflows.
At the interbank foreign exchange market, the rupee opened at 89.95 against the US dollar, then gained some ground and touched 89.92, rising by six paise from its previous close.
On Thursday, the rupee depreciated 10 paise to close at 89.98 against the US dollar.
"Unless RBI comes and sells dollars heavily, the movement is going to be in small ranges as seen in the last three sessions. The pair is seen in a holding pattern between 89.80 and 90, considering the narrow range," said Anil Kumar Bhansali, Head of Treasury and Executive Director at Finrex Treasury Advisors LLP.
Bhansali further noted that corporate demand, FPI demand, and government demand have been the salient features of the rupee over the past year, during which it fell by more than 5 per cent and became the worst-performing Asian currency, though partly protected by the RBI.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading marginally down by 0.15 per cent at 98.17.
Brent crude, the global oil benchmark, was trading 0.38 per cent higher at USD 61.08 per barrel in futures trade.
"With early-year liquidity still thin and domestic fundamentals offering a mixed but stable backdrop, the rupee appears set to remain range-bound in the near term. As long as USD/INR stays below the 90 handle, the balance of risks tilts mildly in favour of the rupee," CR Forex Advisors MD Amit Pabari said, adding that against this backdrop, USD/INR is expected to trade in a 89.30–90.20 range.
On the domestic equity market front, the 30-share benchmark index Sensex climbed 158.19 points to 85,346.79 in early trade, while the Nifty was up 55.8 points to 26,202.35.
Foreign institutional investors offloaded equities worth Rs 3,268.60 crore on Thursday, according to exchange data.
On the domestic macroeconomic front, gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, on slow growth in revenues from domestic sales following the sweeping tax cuts, according to government data released on Thursday.
Gross Goods and Services Tax (GST) revenue in December 2024 was over Rs 1.64 lakh crore.
