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Rupee falls 10 paise to close at 93.00 against US dollar

April 7, 2026
Finance

Mumbai, Apr 7 (PTI) The rupee depreciated 10 paise to close at 93.00 (provisional) against the US dollar on Tuesday, as investors remained on edge ahead of US President Donald Trump’s deadline for the opening of the Strait of Hormuz and the Reserve Bank’s monetary policy review. Forex traders said the USD/INR pair is trading under pressure, dragged down by unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation. Moreover, market participants will remain watchful of evolving geopolitical headlines and the upcoming RBI monetary policy decision. At the interbank foreign exchange

Pakistan’s efforts to end West Asia war approaching ‘critical’ stage: Iran’s envoy

April 7, 2026
Politics

Islamabad, Apr 7 (PTI) Pakistan-led peace efforts to end the US-Israeli war against Iran were approaching a “critical” stage, Iran’s envoy to Islamabad said on Tuesday. Ambassador Reza Amiri Moghadam’s comments came amid reports that Pakistan was making hectic efforts to bring the US-Iran conflict to an end by arranging a ceasefire and following it up with detailed talks. Pakistan’s “positive and productive endeavours in Good Will and Good Office to stop the war is approaching a critical, sensitive stage…,” the Iranian diplomat said in a post on X. Pakistan positive and productive endeavours in Good Will and Good Office

Israel refrains from striking Lebanese-Syrian border crossing after mediation efforts, source says

April 7, 2026
Politics

BEIRUT, April 7 (Reuters) – The Israeli military has refrained from striking a key border crossing between Syria and Lebanon after both pressed the U.S. on the ​need to keep it open, a Lebanese source familiar with ‌the matter said on Tuesday. The Israeli military on April 4 issued a warning for the Masnaa crossing, the main border point between Lebanon and Syria, saying it would ​strike it “in the near future” because Lebanese armed group Hezbollah was using ​it to smuggle weapons. The crossing has been used by both Lebanese ⁠and Syrians fleeing the expanding war in Lebanon, where

At least two dead in gunfight outside Israeli consulate in Istanbul

April 7, 2026
Politics

ISTANBUL, April 7 (Reuters) – At least two attackers were killed ​and one was seriously injured in an extended gun ‌battle between police and assailants directly outside the building housing the Israeli consulate in Istanbul on ​Tuesday, according to media reports and ​Reuters video. Reuters video showed police officers pulling ⁠out guns and taking cover as shots rang ​out for at least 10 minutes. One person ​was covered in blood. Other footage obtained by Reuters showed an apparent attacker moving among parked white police and ​security buses and firing over several ​minutes with an automatic rifle and handgun. Two bodies

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