In today's episode of India Global, The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade today, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally.
This decline comes after the US Federal Reserve cut key interest rates by 25 basis points and signalled fewer rate cuts in 2025, signalling a more cautious monetary policy stance and pressuring emerging market currencies, including the Indian rupee. Meanwhile, A French court has found all 51 defendants guilty in a drugging-and-rape case that horrified the world. NDTV's Ankit Tyagi brings you the latest.