India’s foreign exchange reserves took a notable hit recently, largely due to fluctuations in the currency market and changing valuations. The Indian rupee faced increased instability against the US dollar, worsened by escalated geopolitical tensions that rocked global energy markets. This situation has put pressure on India’s energy imports.
Sensex slumps 583 pts, Nifty below 24,000; 7 key triggers
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices,
April 30, 2026