Monday February 18, 2019
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38,000 attend US parade to mark Independence day

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Washington, Some 38,000 people, including Indian celebrities, attended a spectacular parade in the US town of Edison to mark India’s 69th Independence Day, a media report said.

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The 11th Annual Official New Jersey India Day Parade saw over 20 floats, dozens of walking groups and marching bands perform in the nearly two-kilometre parade, which commenced from Edison and concluded in India Square near Woodbridge town, India West reported on Friday.

Indian celebrities including talk show host Richa Anirudh, Bollywood actresses Avani Modi, Prachee Shah, Madalsa Sherma, Sameksha Singh and Sujata Mehta attended the parade.

The event, which was attended by over 100 New Jersey-based organisations, featured a 110 member marching band and several dance groups as well.

Leading the political delegation were Edison Mayor Tom Lankey and Woodbridge Mayor John McCormac.
Indian Americans account for 12.93 percent of New Jersey’s Middlesex county, where Edison town is located.

(IANS)

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US Dollar Weakens Amid Gloomy Economic Data

The Australian dollar rose to $0.7105 from $0.7094.

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US Dollar
The dollar index, which measures the greenback against six major peers, fell 0.15 per cent at 96.9817 in late trading. Pixabay

The US dollar declined as the allure of the greenback diminished amid a slew of downbeat economic data.

In late New York trading on Thursday, the euro rose to $1.1299 from $1.1269 in the previous session, and the British pound decreased to $1.2801 from $1.2850 in the previous session, Xinhua news agency reported.

The Australian dollar rose to $0.7105 from $0.7094.

The US dollar bought 110.47 Japanese yen, lower than 110.99 Japanese yen of the previous session. The US dollar was down to 1.0047 Swiss franc from 1.0088 Swiss franc, and it increased to 1.3281 Canadian dollars from 1.3250 Canadian dollars.

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The Australian dollar rose to $0.7105 from $0.7094. Pixabay

US retail sales in December fell 1.2 per cent from the prior month, the worst drop in nine years, the Commerce Department reported on Thursday.

The unexpected decline, which came after a downwardly revised 0.1 per cent increase in November, signals a weaker economic momentum.

ALSO READ: US Charges Former Air Force Intel Officer With Spying for Iran

The dollar index, which measures the greenback against six major peers, fell 0.15 per cent at 96.9817 in late trading. (IANS)

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