The rupee weakened further and dipped by 54 paise to 73.04 against the US dollar on Monday, owing to increased demand for the American currency from importers amid increasing global crude oil prices.I...

Iran greeted the re-imposition of US sanctions on Monday with air defence drills and an acknowledgement from President Hassan Rouhani the nation faces a “war situation”, raising Mideast tensions a...

The US is learnt to have granted a conditional waiver to India and seven other countries that permits them to buy crude oil from Iran after sanctions against Tehran take effect from next week.The rupe...

The Trump administration has said it is confident that “the toughest ever” sanctions against Iran, which came into effect on on Monday, will have the intended impact on altering the Iranian regime...

The possibility of the US granting a waiver to India from sanction on Iranian oil imports could help the rupee — which seems to be on the mend already — to recover further. On Friday, falling crud...