Categories: Business

Rupee slips to 94.95 as crude nears $100 amid intensifying US-Iran tensions

On Wednesday, the Indian rupee faced a decline against the US dollar, influenced by rising crude oil prices and growing tensions between the US and Iran. Although a slip in the dollar provided some cushion for the rupee, domestic stock markets suffered losses, with both the Sensex and Nifty falling. Investors are now awaiting inflation data releases from the US and India.

The News Vista

Share
Published by
The News Vista

Recent Posts

Father wins Rs 22,500 after courier company fails to deliver baby’s diapers

A Kerala consumer commission ordered Xpressbees to pay compensation for failing to deliver diapers. The…

60 minutes ago

AI agents may soon be able to make UPI payments for users: How it may work

India is preparing a framework for artificial intelligence agents to make UPI payments. This new…

1 hour ago

Adani Airports to raise $1 billion primary equity from marquee global investors

Adani Airport Holdings secured binding agreements for primary equity capital. Global investors Alpha Wave Global,…

1 hour ago

Noida schools closed today for Guru Dronacharya Mela

Noida school holiday: Schools across Gautam Buddha Nagar, including Noida and Greater Noida, will remain…

2 hours ago