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Rupee crashes 42 paise to settle at 91.50 against US dollar

March 2, 2026
Finance

Mumbai, Mar 2 (PTI) The rupee saw a steep loss of 42 paise to settle at 91.50 (provisional) against the US dollar on Monday after US and Israeli attacks on Iran intensified worldwide risk aversion, setting crude oil prices on fire and demand for the American currency soaring. Massive selling in domestic equity markets and withdrawal of foreign funds further dragged the Indian currency down, forex traders said. At the interbank foreign exchange, the rupee opened at 91.23 and touched the intraday low of 91.65 against the greenback. The currency ended the session at 91.50 (provisional) against the dollar, registering

Iran’s nuclear ambassador alleges that US-Israeli airstrikes targeted the Natanz enrichment facility

March 2, 2026
Politics

VIENNA, March 2, 2026 (AP) — Iran’s Ambassador to the International Atomic Energy Agency on Monday alleged that airstrikes by the United States and Israel targeted the Natanz enrichment facility in his country. That contradicts an assessment by the U.N. nuclear watchdog chief Rafael Grossi who said that “up to now” the agency has “no indication” that nuclear facilities have been hit in Iran. “Again they attacked Iran’s peaceful safeguarded nuclear facilities yesterday. Their justification that Iran wants to develop nuclear weapons is simply a big lie,” Reza Najafi told reporters at the IAEA headquarters in Vienna, where a special

Several U.S. military aircraft crash in Kuwait as Iranian strikes continue

March 2, 2026
Politics

KUWAIT CITY, March 2 (Reuters) – Several U.S. military aircraft crashed in Kuwait early on Monday, but all crew members survived and were in stable condition, Kuwait’s Ministry of Defence said, as conflict widened across the Middle East. In a separate incident, smoke was seen rising from the vicinity of the U.S. Embassy compound in Kuwait City, and fire trucks and ambulances were in the area, a witness told Reuters. There were no responses to requests for comment on the embassy incident from the U.S. Embassy in Kuwait, or from the U.S. State Department. Kuwait intercepted hostile drones earlier on

Iran conflict widens as Israel strikes Lebanon following Hezbollah attacks

March 2, 2026
Politics

BEIRUT/TEL AVIV/DOHA/DUBAI, March 2 (Reuters) – Israel launched new air strikes targeting Iran and expanded its assault to include attacks on Iran-backed Hezbollah militants in Lebanon on Monday, as Tehran said it launched a new wave of missiles that had “opened the great gates of fire” on Israel. Israel said it was attacking sites connected to Lebanon’s Shi’ite Muslim Hezbollah militants, one of Tehran’s principal allies in the Middle East, after Hezbollah said it launched missiles and drones toward Israel in retaliation for the killing of Iran’s Supreme Leader Ali Khamenei. Lebanese state news agency NNA said an initial tally

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Nepal’s vote count puts ex-rapper Balendra Shah’s party ahead in two-thirds of seats

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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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