Indo-Pak tensions 'less heated' now than 2 weeks ago: Trump
Washington: The relationship between India and Pakistan is "less heated" now than what was two weeks ago, United States President Donald Trump has said, reiterating his offer to help the two South-Asian neighbours only if both of them want.
The comments by Trump were his first and comes two weeks since his meeting with Prime Minister Narendra Modi on the sidelines of the G7 summit in France on August 26.
"India and Pakistan are having a conflict over Kashmir as you know. I think (it) is a little bit less heated right now than (what) was two weeks ago," Trump told reporters at the White House on Monday.
Tensions between the two neighbours escalated after New Delhi revoked Jammu and Kashmir's special status by scrapping provisions of Article 370 of the Constitution.
"I get along with both countries very well," Trump said while responding to a question on his assessment of the situation between India and Pakistan. "I am willing to help them if they want. They know that. That (offer) is out there."
During a meeting with visiting Pakistani Prime Minister Imran Khan in July, Trump had offered to mediate between the two countries on the issue of Kashmir.
India was quick to reject the offer, saying the Kashmir issue was bilateral. It has also dismissed Trump's astonishing claim that Modi had asked him to mediate.
During his meeting with Modi in France last month, Trump had said Kashmir is an issue that needs to be resolved between India and Pakistan.
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Rupee falls 5 paise to 90.22 against US dollar in early trade
Mumbai (PTI): The rupee weakened by 5 paise to 90.22 against the US dollar in early trade on Tuesday, amid a strengthening American currency, higher crude oil prices and incessant outflow of foreign funds.
An unprecedented geopolitical concern and global trade uncertainties have accelerated the dollar demand worldwide, adding strength to the greenback and putting pressure on the Indian currency, analysts said.
At the interbank foreign exchange, the rupee opened at 90.24 and gained slightly to trade at 90.22 against the greenback in early deals, registering a loss of 5 paise from its previous closing level.
On Monday, the rupee ended 1 paisa higher at 90.17 against the US dollar.
Meanwhile, the dollar index, which measures the strength of the greenback against a basket of six currencies, was trading 0.11 per cent higher at 98.73.
Brent crude, the global oil benchmark, was trading 0.28 per cent higher at USD 64.05 per barrel in futures trade.
Foreign institutional investors offloaded equities worth Rs 3,638.40 crore on Monday, according to exchange data.
On the domestic equity market front, the 30-share benchmark index Sensex rose 125.96 points or 0.15 per cent to 84,004.13, while the Nifty advanced 47.25 points or 0.18 per cent to 25,837.50.
Analysts attributed the buying trend in equities to the positive cues triggered by strong domestic macroeconomic numbers.
According to government data released on Monday, India's retail inflation rose to a three-month high of 1.33 per cent in December, mainly due to higher prices of food items, but remained below the Reserve Bank of India's lower tolerance level.
Also, the latest data from the Income Tax Department showed the government's net direct tax collection grew about 8.82 per cent to over Rs 18.38 lakh crore in the current fiscal till January 11 due to slower refunds and better corporate tax mop-up.
Net corporate tax collection grew 12.4 per cent to over Rs 8.63 lakh crore, and taxes from non-corporates, including individuals, rose 6.39 per cent to about Rs 9.30 lakh crore.
