The rupee gained 42 paise to close at 91.51 (provisional) against the U.S. dollar on Monday (February 2, 2026), a day after the Union Budget 2026-27 was presented, largely as crude oil prices retreated from their elevated levels. Also Read | Rupee hits all-time low of 92 against U.S
The Union Budget 2026 has proposed a significant change that directly affects investors who borrow funds to invest in dividend-paying stocks or mutual funds. The proposal removes the existing tax benefit that allowed investors to claim a deduction on interest paid for such borrowings
West Bengal emerged as a major beneficiary of railway-led infrastructure expansion this weekend, with a series of announcements signalling a significant boost for connectivity in the state, particularly in North Bengal. A day after the Ministry of Railways cleared three new railway line projects
Hours before she was scheduled to lead a Trinamool Congress (TMC) delegation to meet Chief Election Commissioner Gyanesh Kumar in Delhi over the Special Intensive Revision (SIR) of electoral rolls, West Bengal Chief Minister Mamata Banerjee on Monday alleged that Bengalis in the Capital were being
The NFL's 2025 season has provided the most wide-open race for the Super Bowl in years. Now just the New England Patriots and the Seattle Seahawks remain and they will meet on Sunday to decide the NFL champions. It is a title New England have held six times but this is their first Super Bowl since
Partial US government shutdown enters third day as funding standoff continues
The partial US government shutdown entered its third day on Monday without resolution as Democrats continued to demand immigration reforms as part of any funding deal to reopen the government.
Senate Democrats and Republicans agreed to a package of five spending bills on Thursday, but stripped out a sixth bill on full fiscal year funding for the Department of Homeland Security (DHS).
The Senate instead approved a two-week funding for the DHS that gives lawmakers more time to work out disputes over its long-term budget.
Democrats want changes to the immigration enforcement operation, including requiring agents to wear body cameras that are turned on and to not wear masks.
The package approved by the Senate must now be cleared by the House of Representatives before it is sent to President Donald Trump's desk for signature.
The Senate package includes funding for the defence department, the health department, the Treasury, the federal court system and other agencies until the end of the 2026 fiscal year on 30 September.
But funding for these federal agencies ended at midnight on Saturday, resulting in a partial shutdown, as the House has yet to approve it. The effects will be minimal though, as many government services do not operate over the weekend.
The House Rules Committee is expected to meet on Monday afternoon to consider the funding package.
The Senate-approved package must first clear a procedural hurdle known as the rule vote, which Democrats are expected to vote against.
California Democratic Representative Ro Khanna told NBC News on Sunday that he was advocating for his colleagues to vote against the DHS stopgap funding.
"I just don't see how in good conscience Democrats can vote for continuing ICE funding when they're killing American citizens," he said.
Yet Republican leaders said they were confident they could pass all the bills soon.
"We'll get this done by Tuesday, I'm convinced," said Republican House Speaker Mike Johnson on Fox News on Sunday.
The Republican leader told NBC that a winter storm could make it difficult to get lawmakers back in town to vote. Republicans only have a one-vote majority in the House.
The impasse comes as thousands of people have taken to the streets in Minneapolis, to protest against Operation Metro Surge - a Trump administration immigration enforcement effort that has drawn widespread outrage after federal agents fatally shot two US citizens.
Democrats have demanded changes in funding to DHS in light of the fatal shootings, and have advocated for changes to ICE protocol such as banning agents' use of masks and having stricter warrant requirements.
The DHS is a sprawling department encompassing multiple agencies, including Immigration and Customs Enforcement (ICE), Customs and Border Protection (CBP), the Coast Guard and Secret Service.
Thousands of federal agents from ICE and CBP have been deployed to Minnesota as part of Trump's immigration crackdown.
Source: BBC
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