≈ 29°C Kolkata Tuesday, August 11, 2026
LATEST NEWS
Iranian Foreign Ministry spokesperson Esmail Baghaei said Tehran will not reopen the Strait of Hormuz until the US ends its naval blockade on Iranian ports. Iran is also demanding war compensation, the lifting of economic sanctions and the release of frozen Iranian assets. The continued closure of the key waterway could disrupt global oil supplies and international shipping. | Trump Says US Controls Strait of Hormuz 100% | Rahul Gandhi Demands Amit Shah Answer Delhi Shooting Questions | JP Nadda Accuses Rahul Gandhi of Deliberately Disrupting Parliament Proceedings | Union Commerce and Industry Minister Piyush Goyal interacted with industry leaders, founders, and CEOs during the 15th edition of FICCI Massmerize. The minister engaged with prominent voices from the FMCG, retail, and consumer sectors, discussing key industry priorities and growth opportunities. He encouraged businesses to embrace innovation, strengthen export capabilities, support local enterprises, and compete confidently in global markets, reaffirming the government's commitment to fostering | Goa CM Pramod Sawant Calls on Amit Shah in New Delhi | Cricket: Ruturaj Gaikwad’s century helps India A beat Sri Lanka A by 8 runs in tri-series opener in Dambulla. | China's Xi Jinping starts a two-day trip to North Korea, pledging closer ties with Kim Jong Un in his first Pyongyang visit since 2019. | Ashwini Vaishnaw Promises New Era for Kolkata Metro with 60 Modern Trains |

Indian Rupee Crashes to All-Time Low: Breaches 95 Mark Against US Dollar for the First Time

By Editorial Team
In a historic and concerning development for the Indian economy, the Indian Rupee (INR) plummeted to an unprecedented low on March 30, 2026, breaching the psychological barrier of 95 against the US Dollar (USD). The currency touched an intra-day low of 95.22, driven by a perfect storm of escalating geopolitical tensions in West Asia and a sharp surge in global crude oil prices. ​ ​The primary catalyst for this record slide is the intensifying conflict in West Asia, which has entered its second month. This has pushed Brent crude oil prices above $115 per barrel, significantly inflating India's import bill. As one of the world's largest oil importers, the increased demand for dollars to pay for energy has put immense pressure on the local currency.  
Share this article

Comments (0)