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Rupee gains 4 paise to close at 94.84 against US dollar

Mumbai, Apr 30 (PTI) The rupee on Thursday gained 4 paise to settle at 94.84 (provisional) against the US dollar, tracking a correction in global crude prices and a strengthening greenback overseas. However, uncertainties over US-Iran talks weighed on the local currency and capped gains. At the interbank foreign exchange market, the rupee opened at 95.01 against the US dollar, then lost further ground to hit an all-time intraday low of 95.34 before closing at 94.84 (provisional), up 4 paise from the previous close. On Wednesday, the domestic currency lost 20 paise to close at 94.88 against the US dollar,

Sensex closes lower by 582 pts as high crude oil prices dent investor sentiment

Mumbai, Apr 30 (PTI) Benchmark stock indices Sensex and Nifty closed nearly 1 per cent lower on Thursday as crude oil prices, weak global trends and foreign fund outflows weighed on investor sentiment. The 30-share BSE Sensex tumbled 582.86 points or 0.75 per cent to settle at 76,913.50. During the day, it plunged 1,237.5 points, or 1.59 per cent, to 76,258.86, but recovered some of the losses in the second half of the session. The 50-share NSE Nifty dived 180.10 points or 0.74 per cent to end at 23,997.55. Among the 30-Sensex firms, Eternal, Hindustan Unilever, Tata Steel, Larsen &

US military commander to brief Trump on new military options against Iran, Axios reports

April 29 (Reuters) – President Donald Trump will receive a briefing on Thursday from the leader of the U.S. Central Command, ​Brad Cooper, on new plans for potential military action against Iran, Axios reported on ‌Wednesday. The report cited unidentified sources. The White House and the U.S. Central Command did not immediately respond to a request for comment. CENTCOM has prepared a plan for a “short and powerful” wave of ​strikes on Iran, likely including infrastructure targets, Axios reported, citing sources. A fragile ceasefire ​in the Iran war began three weeks ago. The war began when the ⁠U.S. and Israel

Oil prices rise on report US considering military options to break Iran deadlock

April 30 (Reuters) – Oil prices rose on Thursday on a report the U.S. is ‌considering potential military action against Iran to break the deadlock in negotiations to end the war, increasing concerns of more supply disruptions to already curtailed Middle East exports. Brent crude futures for June rose $5.27, or 4.5%, to $123.30 a barrel as of 0347 GMT after gaining 6.1% in the previous session. The June contract, which ​has increased for a ninth day, expires on Thursday and the more active July contract was at $113.10, up $2.66, or 2.4%, ​after gaining 5.8% in the previous session.

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