Rahul Shivshankar resigns as Editor-in-Chief of Times Now
Rahul Shivshankar, the Editor-in-Chief of Times Now, has surprised the media industry with his sudden resignation from the news channel. On Tuesday, June 20, Shivshankar took everyone aback by quitting all the WhatsApp groups of Times Now, including the crucial editorial group, without any prior announcement, a report published on The News Minute stated.
The News Minute quoted reliable sources familiar with the matter that discussions about a potential leadership change at Times Now had been underway for some time. The channel's top management had been engaged in conversations with Rahul Shivshankar regarding his future role.
The report further added that according to reliable insiders at Times Now, it has been confirmed that Wednesday, June 21 will mark his final day at the office.
Shivshankar's association with Times Now traces back to its inception in 2005 when he joined the channel. However, he temporarily departed from the group from 2013 to 2016, during which he served as the Editor-in-Chief of News X. Following the departure of journalist Arnab Goswami from Times Now in 2016, Shivshankar returned to the channel and was appointed as the Editor-in-Chief.
With his unexpected departure, speculations are arising about Shivshankar's future plans and the underlying reasons behind his decision to leave.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
