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IBTimes

Economy / IBTimes

Rupee falls to 93.75 against dollar amid oil surge, West Asia tensions

The Indian rupee fell 31 paise to 93.75 against the US dollar on Wednesday, marking its third consecutive session of losses. This decline is driven by rising crude prices following President Trump's military threats against Iran and sustained foreign capital outflows.

22 Apr 2026 1:30 pm
Bengaluru housing prices may rise up to 40% on Metro push; real estate demand surges across India

Housing prices in Bengaluru may rise up to 40% due to expanding Metro connectivity and infrastructure upgrades, according to Colliers. Improved connectivity via existing and upcoming Metro lines is boosting demand across residential, office, and industrial segments.

22 Apr 2026 1:28 pm
Crude oil prices near $100 again as Strait of Hormuz remains constrained

Global crude oil prices climbed close to $100 per barrel as geopolitical tensions persisted following Donald Trump's decision to extend the US-Iran ceasefire. The Strait of Hormuz remained constrained due to an ongoing naval blockade, limiting shipping activity and raising concerns over global energy supply.

22 Apr 2026 12:03 pm
Sensex, Nifty open on weak note amid US-Iran ceasefire extension

Sensex declined as much as 0.62 per cent, or about 500 points, to 78,779, while Nifty traded at 24,434, down 142.2 points or 0.57 per cent, amid selling pressure in IT, banking, pharma and healthcare stocks such as Max Healthcare, ICICI Bank, Axis Bank, HCL Tech and Apollo Hospitals.

22 Apr 2026 10:50 am
RBI tightens e-mandate rules, makes extra authentication mandatory for recurring payments above Rs 15,000

The rules apply across all digital payment modes including cards, UPI, and prepaid instruments, covering both domestic and international transactions. High-value recurring payments such as insurance premiums, mutual fund subscriptions, and credit card bills above 1 lakh will also require enhanced authentication.

21 Apr 2026 9:46 pm