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Rupee falls 11 paise to 94.95 against US dollar in early trade

May 4, 2026
Finance

Mumbai, May 4 (PTI) The rupee depreciated 11 paise to 94.95 against the US dollar in early trade on Monday as the ongoing tensions in the Middle East continue to keep markets on edge. Forex traders said Brent oil is hovering near USD 108, maintaining pressure on oil-importing economies like India. Moreover, factors such as unabated foreign capital outflows amid rising geopolitical uncertainties dented investor sentiments further. At the interbank foreign exchange market, the rupee touched 94.95 against the US dollar in initial trade, registering a fall of 11 paise over its previous close. On Thursday, the rupee had settled

“Free Press is under attack”: Congress slams India’s 157th rank on World Press Freedom Day

May 3, 2026
General

New Delhi [India], May 3 (ANI): The Congress on Sunday launched a sharp attack over the state of press freedom in India, citing the country’s rank of 157 in the World Press Freedom Index 2026, which places it in the “very serious” category. On World Press Freedom Day, the Congress said that a free press is the voice of democracy, but alleged that it is under attack. In a post on X, it expressed solidarity with journalists and voices that “speak truth to power” and strive to protect democratic values. “A free press is the voice of democracy, but today

President Trump says he is reviewing a new Iranian proposal to end the war

May 3, 2026
General

WEST PALM BEACH, Fla. (AP) — President Donald Trump said on Saturday that he was reviewing a new Iranian proposal to end the war but also expressed skepticism it would lead to a deal. “I’ll let you know about it later,” he said before boarding Air Force One, adding that “they’re going to give me the exact wording now.” Shortly after speaking to reporters, Trump posted on social media about the new proposal, saying he “can’t imagine that it would be acceptable in that they have not yet paid a big enough price for what they have done to Humanity,

Oil falls as Iran proposes talks but prices still set for weekly gains

May 1, 2026
Finance

LONDON, May 1 (Reuters) – Oil prices dropped on Friday after Iran was reported to have ‌sent a fresh proposal for U.S. negotiations, but prices remained on track for weekly gains, with Tehran still blocking the Strait of Hormuz and the U.S. Navy blocking exports of Iranian crude. Brent crude futures for ​July were down 26 cents, or 0.2%, at $110.14 a barrel by 1316 GMT. ​West Texas Intermediate futures lost $1.83, or 1.7%, to $103.24. Iran sent its latest proposal ⁠for negotiations with the United States to Pakistani mediators on Thursday, state news agency ​IRNA reported on Friday. Still,

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