Rupee hits record low amid global trade war fears
By Pragadish Kirubakaran, Pradeep Damodaran and Neeraja Gopalakrishnan in Media News on Tuesday, 04th February 2025 at 4:23pm
View from the Press Rooms/Hot off the Press
India’s currency crisis deepened as the rupee plunged to a historic low of Rs 87.29 against the US dollar, rattling financial markets. The Economic Times’ Rozebud Gonsalves and Hindustan Times’ Gopika Gopakumar reported that the sharp decline follows heightened trade war fears triggered by former US President Donald Trump’s new tariffs. The Indian stock market took a hit, with the Sensex slipping over 800 points as investor sentiment soured.
The latest tariffs imposed by Trump’s administration on Canadian and Mexican goods have escalated trade tensions, sending shockwaves through global markets. Meanwhile, Indian Express’ George Mathew explained that India’s widening trade deficit, coupled with global uncertainty, has further ...
To continue reading this article...
More Influencing|Tech
News Tamil 24x7 to expand with English news channel
By Staff Writer in Media News on Monday, 06th July 2026 at 9:56pm
Editors Guild extends submission deadline for Prem Bhatia Award
By Staff Writer in Media News on Monday, 06th July 2026 at 6:35pm
IPMA retains Rite KnowledgeLabs for its Social Media Mandate ‘Paper Matters’ for the third consecutive year
By Staff Writer in Media News on Monday, 06th July 2026 at 5:22pm
TODAY’S TEN: Meta faces child abuse ad notice, foetal sex-test racket busted and more
By Staff Writer in Media News on Monday, 06th July 2026 at 3:40pm
Manipur journalist Elangbam Ojitkumar exposes government’s neglect of rural schools, wins prestigious award
By Meena R. Prashant in Media News on Monday, 06th July 2026 at 2:59pm
Court dismisses journalist’s plea against Mumbai Press Club expulsion
By Pavithra A in Media News on Monday, 06th July 2026 at 2:25pm
Court grants bail to two journalists in Gujarat CTOC case
By Staff Writer in Media News on Monday, 06th July 2026 at 2:15pm
Media news latest