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
Historic slip in metro newspaper subscriptions
By Staff Writers in Media News on Tuesday, 11th August 2026 at 7:55am
Upfront: Census tick-box blow-up, Sydney airport near-miss, Mortgage demand nosedives.
By Staff Writers in Media News on Tuesday, 11th August 2026 at 5:59am
Credlin Judaism claim bunked on MediaWatch
By Staff Writers in Media News on Tuesday, 11th August 2026 at 7:45am
TN journalists call for unity amid rise in attacks on media fraternity
By Staff Writer in Media News on Monday, 10th August 2026 at 8:50pm
Punt Creative wins communications mandate for PizzaExpress India
By Staff Writer in Media News on Monday, 10th August 2026 at 8:41pm
Why solutions journalism is gaining ground in India
By Suganthi Marimuthu in Media News on Monday, 10th August 2026 at 7:38pm
Senior journalists urges collaboration among independent media outlets
By Staff Writer in Media News on Monday, 10th August 2026 at 7:27pm
Media news latest