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Rupee falls 17 paise to 86.72 against US dollar amid rise in global crude oil prices

June 23, 2025
Finance

Mumbai, Jun 23 (PTI) Rupee declined 17 paise to 86.72 against the US dollar in early trade on Monday as global crude oil prices surged following the US’s attack on three nuclear facilities in Iran. A strengthening dollar and weak domestic equity markets put further pressure on the local unit, according to forex traders. However, an increase in FII inflows and a rise in the country’s forex reserves prevented further losses in the local currency, they said. Brent crude, the global oil benchmark, rose 2 per cent to USD 77.27 per barrel in futures trade, while the dollar index, which

Stock markets tumble in early trade amid worsening tensions in Middle East

June 23, 2025
Finance

Mumbai, Jun 23 (PTI) Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. The 30-share BSE Sensex tumbled 705.65 points to 81,702.52 in early trade. The 50-share NSE Nifty dropped 182.85 points to 24,929.55. The US bombed three major nuclear sites — Fordow, Natanz and Isfahan — in Iran, bringing itself into the Israel-Iran conflict. “Even though the US bombing of Iran’s three nuclear facilities has worsened the crisis in the West Asia, the impact on the market is likely

Foreigners evacuated by air, land and sea as Israel-Iran conflict worsens

June 20, 2025
Politics

ISLAMABAD, June 20, 2025 (AP) — Countries are evacuating their nationals from Israel and Iran by air, land and sea as conflict rages between the bitter rivals. Days of attacks and reprisals by the two enemies have shuttered airspace across the Middle East, severely disrupting commercial flights and leaving people unable to get in or out of the region easily. Some governments are using land borders to get their citizens out by road to countries where airports remain open. Thousands of foreigners have already left since the conflict started last week when Israel launched surprise missile strikes on Iran. Bulgaria

Markets rebound in early trade tracking firm Asian peers, foreign fund inflows

June 20, 2025
Finance

Mumbai, Jun 20 (PTI) Equity benchmark indices Sensex and Nifty rebounded in early trade on Friday after a three-day decline tracking a positive trend in Asian markets and foreign fund inflows. After a flat start, the 30-share BSE Sensex later climbed 289.43 points to 81,651.30 in early trade. The 50-share NSE Nifty went up by 88.25 points to 24,881.50. From the 30-Sensex firms, Mahindra & Mahindra, Eternal, State Bank of India, UltraTech Cement, Bajaj Finserv and Maruti were among the biggest gainers. IndusInd Bank, Bajaj Finance, Tech Mahindra and Kotak Mahindra Bank were among the laggards. In Asian markets, South

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