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Hurricane Florence weakens, but threat remains

Florence was located about 325 miles (520 km) east-southeast of Myrtle beach, South Carolina, with maximum sustained winds of 110 miles per hour (175 km per hour), the Miami, Florida-based weather forecaster said. The storm is moving toward the northwest at 17 mph (28 kph), the NHC said. The center of Florence will ... Read More »

Rupee Weakens To 64.83 Against Dollar

Mumbai: The rupee depreciated by 4 paise to 64.83 against the US dollar in opening trade on Tuesday at the forex market due to increased demand for the US currency from importers amid sustained foreign funds outflow. However, a weak dollar in global markets helped the rupee limit its losses, ... Read More »