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Sensex, Nifty tumble over 2 pc in early trade as West Asia crisis escalates

March 4, 2026
Finance

Mumbai, Mar 4 (PTI) Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday, tracking a bearish trend in Asian markets, as the conflict in West Asia widened, driving oil prices higher. The 30-share BSE Sensex crashed 1,758.22 points or 2.19 per cent to 78,480.63 in early trade as the conflict continued to dent investors’ sentiment. The 50-share NSE Nifty tanked 530.85 points or 2.13 per cent to 24,334.85. From the Sensex pack, Larsen & Toubro, Tata Steel, InterGlobe Aviation, UltraTech Cement, Adani Ports and Mahindra & Mahindra were among the biggest laggards. Infosys, HCL Tech and Tata

Rupee slumps 69 paise to all-time low of 92.18 against US dollar in early trade

March 4, 2026
Finance

Mumbai, Mar 4 (PTI) Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, as a sharp spike in crude oil prices amid geopolitical tensions following the escalation of the US–Iran conflict weighed on investor sentiment. Forex traders said the domestic currency is under severe pressure due to a sharp spike in crude oil prices, with Brent Crude crossing the USD 82 per barrel level in futures trade in the wake of the Iran crisis, which dented investor sentiments. At the interbank foreign exchange market, the rupee opened at 92.05, then

Pentagon identifies four of first US soldiers killed in Iran war

March 4, 2026
Politics

WASHINGTON, March 4 (Reuters) – The U.S. military on Tuesday identified four of the first American soldiers ‌killed in the war against Iran as the Trump administration warned the intensifying conflict would lead to more American casualties. Among six U.S. military deaths so far, the four soldiers were members of an Iowa unit of the U.S. Army Reserve. ​They died on Sunday when a drone slammed into a U.S. military facility in Port ​Shuaiba, Kuwait, the U.S. military said on Tuesday. The Pentagon said four ranged in ⁠age from 20 to 42 and served in the 103rd Sustainment Command from

Tensions flare as US lawmakers question Iran war’s costs, risks and strategy

March 4, 2026
Politics

WASHINGTON, March 4, 2026 (AP) — Tensions flared as questions mounted at the U.S. Capitol on Tuesday over the Trump administration’s shifting rationale for war with Iran as lawmakers demand answers over the strategy, exit plan and costs to Americans in lives and dollars for what is quickly becoming a widening Middle East conflict. Trump officials made their case at the Capitol during a second day of closed-door briefings, this time with all members of the House and Senate ahead of a looming war powers resolution vote intended to restrict Trump’s ability to continue the joint U.S.-Israel campaign against Iran.

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Rupee ends 6 paise lower at 91.70 against USD in range-bound trade amid West Asia crisis

Mumbai, Mar 6 (PTI) The rupee stayed range-bound throughout the

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