IBTimes
Elections 2026Economy / IBTimes
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.
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.
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.
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.
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.

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