Popular fashion designer brand terminates all collaboration with Kangana Ranaut
New Delhi: Popular Fashion and Textile Designer Anand Bhushan on Tuesday added that they have taken a decision to terminate all collaboration with Kangana Ranaut from their social media channels.
In a Twitter post the Fashion designer posted an official update reading “In view of certain events today, we have taken a decision to remove all collaboration images with Kangana Ranaut from our social media channels”.
It also further added that it will never be associated with the actress in the future and that the brand does not support hate speech.
“We also pledge never to be associated with her in any capacity in the future. We as a brand do not support hate speech” it added.
Earlier in the day, Twitter suspended Kangana Ranaut's account adding it violated the rules of the platform.
Reports suggest the move from Twitter came in the backdrop of one of her tweets on Monday wherein she had urged PM Modi to show his “roop” (Character) from the early 2000s in West Bengal to tame Mamata Banerjee.
Ranaut’s dig was speculated to be of Gujarat Riots of 2002 when under Modi’s rule (then CM of Gujarat) thousands of people were killed and lakhs were left homeless in one of the worst communal riots in the history of the country.
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Rupee hits all-time low for second time in a week
Mumbai (PTI): The rupee depreciated 31 paise to settle at 91.99 against the US dollar on Wednesday, touching the lowest closing level for the second time in less than a week, amid increased month-end demand for the greenback.
Forex traders said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe offered quiet reassurance. However, increased month-end demand for the American currency as well as the ongoing geopolitical tensions dented investors' sentiments.
At the interbank foreign exchange, the rupee opened at 91.60 and touched an early high of 91.50, but pared all the gains to touch an intra-day low of 91.99 against the greenback.
The domestic unit settled 31 paise down, revisiting its lowest-ever closing level of 91.99 against the greenback. The Indian currency previously ended at this level on January 23 when it also hit its all-time intraday low of 92 against the US dollar.
On Tuesday, the rupee rebounded from its all-time low levels and gained 22 paise to close at 91.68 against the US dollar.
Analysts said the rupee opened higher as the US dollar index softened and a long-awaited trade breakthrough with Europe bolstered investor sentiment.
India and the European Union on Tuesday announced the conclusion of negotiations for the free trade agreement (FTA), under which a number of domestic sectors such as apparel, chemicals and footwear will get duty-free entry into the 27-nation bloc, while the EU will get access to the Indian market at concessional duty for cars and wines, an official said.
The deal has been dubbed the "mother of all deals" as it will create a market of about 2 billion people.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.07 per cent lower at 96.14.
Brent crude, the global oil benchmark, was trading 0.43 per cent lower at USD 67.28 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 487.20 points to settle at 82,344.68, while Nifty surged 167.35 points to 25,342.75.
Foreign Institutional Investors turned net buyers and purchased equities worth Rs 480.26 crore on Wednesday, according to exchange data.
