in5points
FinanceTimes of India

Rupee falls 11 paise to 96.36 against US dollar amid US-Iran tensions, rising crude

in5points
  1. Indian rupee opened 11 paise lower at 96.36 against the US dollar on Wednesday.

  2. Rising crude oil prices and US-Iran tensions weighed on the currency.

  3. Brent crude rose 1.18% to USD 92.08 a barrel in futures trade.

  4. Reserve Bank of India measures to attract overseas deposits helped cushion the rupee's decline.

  5. BSE Sensex fell 0.52% and NSE Nifty50 dropped 0.34% in early trade.

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About how the story is framed, not whether the facts are true.

Times of India

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Who owns this?

Sahu Jain family

Times Group

Bennett, Coleman & Co. (Sahu Jain family)

India's largest newspaper group by circulation.

Wikipedia: Sahu Jain family