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Indian rupee at all-time low of 83.33 against US dollar, here's why

DNA Wednesday, 1 November 2023
The Indian rupee hit an all-time low of 83.33 against the US dollar, dropping 9 paise, due to a stronger US dollar and higher US Treasury yields. It had reached a one-year low of 83.28 on October 16.
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US Tech Firm to Pay $38,000 in Penalties After Posting Job Ad for ‘Whites Only’ [Video]

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US Tech Firm to Pay $38,000 in Penalties , After Posting Job Ad for ‘Whites Only’. In March 2023, Virginia tech firm Arthur Grand Technologies posted a discriminating job ad on Indeed.com, 'The Guardian' reports. . The ad read, "Only U.S. Born Citizens [white] who are local within 60 miles from Dallas.". "[Don't share with candidates]," it added. The ad quickly found attention on social media and via numerous news outlets. Within two months of being posted, the Department of Justice's civil rights division launched an investigation into the company. . On May 23, Arthur Grand Technologies agreed to pay over $38,000 in penalties. $7,500 will go to the U.S. Treasury, and $31,000 will be awarded to those who filed discrimination complaints. $7,500 will go to the U.S. Treasury, and $31,000 will be awarded to those who filed discrimination complaints. The company will also be required to "train its workers on the Immigration and Nationality Act," 'The Guardian' reports. . Arthur Grand CEO Sheik Rahmathullah "vehemently denies any guilt or wrongdoing in relation to the discriminatory job posting," instead blaming a disgruntled employee. Upon discovering this, we took immediate and decisive action to ensure that this type of incident will never happen again, including the immediate termination of the responsible employee, Arthur Grand CEO Sheik Rahmathullah, via statement

Credit: Wibbitz Top Stories    Duration: 01:30Published

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