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Karnataka's legislative assembly amended its rent law to decriminalise minor violations, passing 12 bills, including reforms for land record management.

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Karnataka's Mid Year Review reveals a projected revenue deficit of ₹19,262 crore, worsened by weak tax inflows and rising welfare costs, risking a ₹9,000 crore shortfall.

Rajya Sabha passed a bill allowing 100% FDI in insurance to boost growth, despite opposition concerns over privatization and domestic impact.

The rupee is Asia's worst performing currency in 2025, declining 6% against the US dollar, as 50% US tariffs weighed on India in absence of a trade deal.

The rupee weakened to 90.72 against the US dollar after opening at 90.53, underscoring persistent FII outfows amid the lack of an India-US trade deal.

A sliding rupee vs dollar benefits technology, pharmaceutical and metal stocks, but hurts banks, energy/power and infrastructure companies, analysts say.

The rupee appreciated 24 paise to 89.96 against the US dollar in early trade on Friday, supported by corporate dollar inflows and easing crude oil prices.

The rupee is Asia's worst performing currency in 2025, declining 6% against the US dollar, as 50% US tariffs weighed on India in absence of a trade deal.

Renowned author Ruskin Bond, 91, is recovering from a leg ailment in a Dehradun hospital and is expected to be discharged by Monday.