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.

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.

PIB Fact Check has flagged a viral AI-generated video falsely showing Finance Minister Nirmala Sitharaman promoting a high-return investment scheme. The video claims that an investment of Rs 22,000 can yield Rs 5.5 lakh in a week, which the government has clarified is completely fake

Indian equity benchmarks Sensex and Nifty 50 opened higher on Thursday, tracking positive global cues as geopolitical tensions between the US and Iran showed signs of easing. Gains were driven by sectors like realty, financials, and consumer durables, with mid-cap and small-cap stocks outperforming.

Gold and silver prices edged higher on the Multi Commodity Exchange, supported by optimism over easing geopolitical tensions in West Asia following remarks by Donald Trump. Gold traded near 1.55 lakh per 10 grams.