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
Upfront: Allan on the edge, Tax tweak backlash, AI blackout warning.
By Staff Writers in Media News on Wednesday, 10th June 2026 at 6:01am
Popular YouTuber Maridhas arrested in Madurai
By Staff Writer in Media News on Tuesday, 09th June 2026 at 7:28pmTODAY’S TEN: 20 TMC MPs eye NDA, US judge scraps H-1B fee, sailors rescued off Oman
By Staff Writer in Media News on Tuesday, 09th June 2026 at 3:41pm
Pedestrian gets a new home as Vinyl expands its youth media empire
By Nigel Bowen in Media News on Wednesday, 10th June 2026 at 7:30am
New digital news platform for children, run by kids, turns one
By Meena R. Prashant in Media News on Tuesday, 09th June 2026 at 2:25pmPint of Science Co-CEO Credits Volunteers For Festival Growth
By Will McLennan in Media News on Tuesday, 09th June 2026 at 11:48amMedia news latest