Wearing black clothes, Congress MPs stage protest in Parliament
New Delhi(PTI) : Wearing black clothes, Congress MPs, led by party chief Sonia Gandhi and Rahul Gandhi, staged a protest in the Parliament House complex on Friday as they marched towards the Rashtrapati Bhawan as part of their nationwide stir against price rise, the GST hike on essential items and unemployment.
The protesting MPs of the opposition party raised slogans against the government demanding that the GST hike on essential items be withdrawn, with Sonia Gandhi standing with the women MPs of the party, holding a banner, outside gate number 1 of Parliament.
They were, however, stopped by the Delhi Police and not allowed to proceed towards the Rashtrapati Bhawan. Sonia Gandhi did not take part in the march. The other MPs were detained by police at Vijay Chowk.
"Again today, Congress MPs denied democratic right to protest against price rise, unemployment and GST. Bundled into police vans at Vijay Chowk. It's clear, only those who are afraid try to instill fear!" party leader Jairam Ramesh said in a tweet.
The Congress leaders, including former party chief Rahul Gandhi, wore black shirts and black bands on their arms as a mark of protest.
Leaders and workers of the Congress assembled at the party headquarters here to participate in the nationwide protest against price rise, the hike in the Goods and Services Tax (GST) on essential items and unemployment.
The party is also protesting against the alleged misuse of probe agencies by the government to target its leaders.
Top Congress leaders, including Rahul Gandhi and Rajasthan Chief Minister Ashok Gehlot, reached the party headquarters in the morning.
The Delhi Police has denied permission to the opposition party to stage a protest in the national capital as prohibitory orders are in place in New Delhi district.
The Congress workers also seek to gherao Prime Minister Narendra Modi's residence as part of the protest.
The protesting Congress MPs tied lemons, chilies and empty packets of dairy products around their neck as a mark of protest.
Meanwhile, security at the Congress headquarters has been beefed up as the party workers, led by Priyanka Gandhi Vadra, are slated to gherao the prime minister's residence.
A large number of police personnel has been deployed at 24, Akbar road amid heavy rains in Central Delhi.
The entire lane leading up to the Congress office has been heavily barricaded and the media has also been barred to enter the party office.
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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.
