LIVE: Farooq Abdullah declines to be Opposition’s presidential candidate

Live news updates: Former Jammu and Kashmir chief minister Farooq Abdullah ‘respectfully withdraws’ his name for consideration as joint opposition’s presidential candidate, says a statement from his National Conference party.

The home ministry on Saturday announced to reserve 10 per cent vacancies in the Central paramilitary forces and the Assam Rifles for ‘Agniveers’, besides a three-year relaxation in the upper age limit.

The announcement comes amid widespread protests against a new scheme called Agnipath for  recruitment of soldiers on a short-term contractual basis. The soldiers so recruited are to be called ‘Agniveers’.

Bitcoin dropped below $20,000 on Saturday to its lowest level in 18 months, extending its slide as investors pull back from riskier assets amid rising interest rates.

The biggest cryptocurrency was down 7.1% to $18,993 at 0906 GMT, having earlier touched $18,732, its lowest since December 2020.

It is down about 59% this year, while rival cryptocurrency Ethereum-backed ether is down 73%.