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Rupee falls 9 paise to close at 92.63 against US dollar

Mumbai, Apr 9 (PTI) The rupee depreciated 9 paise to close at 92.63 (provisional) against the US dollar on Thursday, as the situation in West Asia remains fragile, keeping investors wary of the opening of the Strait of Hormuz. Forex traders said geopolitical uncertainty was still high amid Iran’s threat to step out of the talks if Israel kept bombing Lebanon, and markets are in a wait-and-watch mode rather than strong directional positioning. At the interbank foreign exchange market, the rupee opened at 92.63 against the US dollar, then lost ground to touch an intraday low of 92.92 against the

Markets halt 5-day rally on ceasefire uncertainty; Sensex tumbles over 900 pts amid global weakness

Mumbai, Apr 9 (PTI) Equity benchmark indices Sensex and Nifty buckled under heavy selling pressure to close with deep cuts on Thursday after investors pared exposure to financial, banking, and IT stocks as renewed tensions in West Asia faded the ceasefire-led optimism. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the domestic market. Snapping its five-session winning run, the 30-share BSE Sensex dropped 931.25 points or 1.20 per cent to settle at 76,631.65. During the day, it dived 1,215 points or 1.56 per cent to

India grants waivers for some ships to deliver Iran cargoes, sources say

India grants waivers for some ships to deliver Iran cargoes, sources say

New Delhi, April 9 (Reuters) – With a view to speeding delivery of energy supplies from the Gulf, India recently granted waivers to allow two Iranian cargoes aboard an older ​tanker and another under international sanctions to enter its ports, ​two officials familiar with the matter said. The world’s No.2 ⁠importer of liquefied petroleum gas (LPG), India is facing its worst gas crisis ​in decades, with the government rationing supplies to industry to ensure ​households are supplied with the cooking gas. India recently permitted the LPG tanker Aurora to dock in the southern port of Mangalore despite it being about

Ceasefire in the Iran war teeters in the face of disagreements over Lebanon and the Strait of Hormuz

DUBAI, United Arab Emirates, April 9, 2026 (AP) — A tentative ceasefire in the Iran war staggered Thursday under the weight of Israel’s intense bombardment of Beirut, Tehran’s continued chokehold on the Strait of Hormuz, and uncertainty over whether negotiators can find common ground on a range of other differences. Hours after the ceasefire was announced — amid disagreement over whether it included a pause in fighting between Israel and Hezbollah — Israel pounded Beirut with airstrikes, resulting in the deadliest day in the country since the war began on Feb. 28. Iran and the U.S. — which both declared

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