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Rupee nears 94/USD level; settles 39 paise lower

Mumbai, Apr 22 (PTI) The rupee weakened for the third straight session, losing 39 paise to settle at 93.83 (provisional) against the US dollar on Wednesday as uncertainty on US-Iran peace talks eroded hopes of easing West Asia conflict and set crude oil prices on fire. Intense selling in domestic equity markets and sustained outflow of foreign capital also weighed on the Indian currency, forex traders said. At the interbank foreign exchange market, the rupee opened at 93.69 and touched an intraday low of 93.87 against the greenback during the session, nearing the 94 level it reached for the first

Stock markets snap 3-day rally; Sensex tumbles 757 pts dragged by IT shares, jump in oil prices

Mumbai, Apr 22 (PTI) Benchmark equity indices Sensex and Nifty tumbled nearly 1 per cent on Wednesday, snapping a three-day gaining streak due to heavy selling in IT stocks and an uptick in crude oil prices. The 30-share BSE Sensex tanked 756.84 points or 0.95 per cent to settle at 78,516.49. During the day, it slumped 831.03 points or 1.04 per cent to 78,442.30. The 50-share NSE Nifty dropped 198.50 points or 0.81 per cent to end at 24,378.10. Foreign fund outflows and fears of prolonged instability in West Asia also dented market sentiment. Among 30-Sensex firms, HCL Tech tumbled

UK inflation rises in March as prices at the pump spike higher after Iran war

LONDON, April 22, 2026 (AP) — Inflation in the U.K. climbed in March after a sharp jump in prices at the pump in the wake of the disruption to energy supplies caused by the Iran war, official figures showed Wednesday. The Office for National Statistics said the annual consumer price inflation rate increased to 3.3% from 3% the previous month. The rise was in line with market expectations. Analysts said the increase has put paid to any expectations that the Bank of England would cut borrowing costs. Prior to the start of the war on Feb. 28, there had been

India will never bow before forces spreading hatred, fear: Rahul on Pahalgam attack anniversary

New Delhi, Apr 22 (PTI) The entire nation stands united against terrorism and India will never bow before forces that seek to spread hatred and fear, Congress leader Rahul Gandhi said on Wednesday as he paid tributes to those who lost their lives in the Pahalgam terrorist attack. On the first anniversary of the dastardly attack, Gandhi paid his heartfelt tributes to all the brave hearts who were killed. “India will neither ever forget their sacrifice and the anguish of their families, nor will it ever forgive the perpetrators of this cowardly act,” the Leader of Opposition in Lok Sabha

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