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Rupee breaches 93/dollar for the first time, down 19 paise to 93.08 against US dollar in early trade

March 20, 2026
Finance

Mumbai, Mar 20 (PTI) The rupee fell 19 paise to its record intra-day low of 93.08 against the US dollar in early trade on Friday as the greenback strengthened further and FII outflows continued unabated amid the ongoing West Asia conflict. Elevated global crude oil prices put further pressure on the local unit, while a positive opening at the domestic equity markets cushioned against a sharper fall, according to forex traders. At the interbank foreign exchange, the local unit opened at 92.92 against the greenback before breaching the 93-mark for the first time to trade at 93.08, down 19 paise

Stock markets rebound in early trade after sharp fall in previous session

March 20, 2026
Finance

Mumbai, Mar 20 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Friday after facing massive drubbing in the previous session, driven by mild cooling in crude oil prices. The 30-share BSE Sensex jumped 976.77 points to 75,184.01 in early trade. The 50-share NSE Nifty surged 301.7 points to 23,303.85. From the 30-Sensex firms, Tata Steel, State Bank of India, Tech Mahindra, Larsen & Toubro, Power Grid and NTPC were among the major gainers. HDFC Bank emerged as the only laggard. Brent crude, the global oil benchmark, declined 1.63 per cent to USD 106.9 per barrel. “Today there

Trump and Netanyahu split on gas field attack, raise questions about whether they’re in sync on war

March 20, 2026
Politics

WASHINGTON, March 20, 2026 (AP) — President Donald Trump and Israeli Prime Minister Benjamin Netanyahu ‘s diverging language on Israel’s decision to attack a critical Iranian gas field marks the most notable difference of opinion between the two leaders since the start of the 20-day war against Iran. The attack by Israel on the South Pars gas field prompted Iran to retaliate against energy infrastructure in other Middle East countries. The Iranian strikes led to already elevated global energy prices further surging and spurred Gulf allies to call for Trump to rein in Netanyahu. The aftermath of the strike left

Israel launches new wave of attacks on Iran as crisis deepens

March 20, 2026
Politics

DOHA/WASHINGTON/JERUSALEM, March 20 (Reuters) – Israel launched a fresh wave of attacks on Iran on Friday, a day after President Donald Trump told it not to repeat its strikes on Iranian ​natural gas infrastructure, which sharply escalated the U.S.-Israeli war on Iran. The conflict has killed thousands of people, spread to neighbouring nations and hit the global economy since the United States ‌and Israel launched strikes on February 28, after talks about Tehran’s nuclear program failed to yield a deal. “The IDF has just begun a wave of strikes against the infrastructure of the Iranian terror regime in the heart

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