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Amid Russia Ukraine war, Indian rupee declines to an all-time low against US dollar: How does US Dollar determine the value of Indian currency? All you need to know

India is one such country that is primarily affected by Russia’s invasion of Ukraine. The Indian rupee fell to a record lifetime low of 76.97 against the US dollar.

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India is on the path to becoming the world's leading consumption economy, as household growth, tax reforms, and a booming Gen Z population fuel discretionary spending.

The ongoing Russia Ukraine war has not impacted just these two countries’ GDP but also affected the economy globally. India is one such country that is primarily affected by Russia’s invasion of Ukraine. The value of the Indian currency has declined to an all-time low.

The Indian rupee fell to a record lifetime low of 76.97 against the US dollar. It’s due to a significant increase in international crude oil prices, which has threatened to raise imported inflation and deepen the country’s trade and current account deficit.

Global crude oil prices were nearing record highs after reports said that the US and its European allies are considering barring Russian oil imports in response to the country’s invasion of Ukraine. Brent crude oil hit a high of USD 139.13 per barrel, before easing a bit.

Which is the most powerful currency in the world and how does it determine the value of other currencies?

US dollar is the most powerful currency in the world. All the trading in the world is done in US dollars. Each country has its own currency and its value is determined by the economic concept of Demand and Supply.

Read Also: Russia Ukraine War Live Updates: Russia attacks evacuation bus, three wounded, claims Ukraine

The value of a currency that is in higher demand has a higher value. The value of a currency is determined by economic factors such as trade, inflation, employment, interest rates, growth rate, and geopolitical situations.

The concept of currency fluctuation is part of the larger Foreign exchange market.

What is Foreign Exchange Market?

The Foreign Exchange Market is mainly a global market for currency trading. One currency is exchanged for another at a particular rate. The rate at which two particular currencies are exchanged is called the exchange rate.

The value of one country’s currency in relation to another country’s currency is known as the exchange rate.

How does US Dollar determine the value of Indian currency?

The US dollar is in high demand because India imports more goods from the US than it exports. The demand for the US dollar will rise in this situation because more dollars will be paid to the US while purchasing products from them.

To pay for these goods, more dollars will have to be purchased on the foreign exchange market in India. As a result, demand for US dollars will rise compared to the Indian rupee, boosting their value.

Read Also: Russia Ukraine War: These pictures of Ukrainian children caught in midst of war will break your heart

However, if the Indian Rupee’s value plummets dramatically, the government will step in. They will aim to decrease the supply of Indian rupees immediately to compensate for the low demand. They will purchase the Indian rupee on the market with US dollar reserves. As it buys more Indian currency with US dollars, the supply of Indian currency falls while the supply of US money rises, resulting in an increase in the rupee’s value and a reduction in the dollar’s value.

If the oil prices keep increasing at this rapid rate then the Indian currency could head towards 79 per dollar soon.

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Russia Ukraine War Live Updates: Russian military action will stop in a moment is Ukraine meets conditions, says Kremlin

India News

Airtel launches IPTV service across 2000 cities with plans starting at Rs. 699

Airtel has launched IPTV services across 2000 Indian cities, offering bundled OTT apps, Wi-Fi, and 350+ TV channels, starting at Rs. 699 per month.

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Bharti Airtel has rolled out its new IPTV service in over 2000 cities across India, aiming to provide users with a unified entertainment experience through the large screen. The service, which includes bundled Wi-Fi, OTT apps, and live TV channels, is available for both new and existing Airtel broadband users, starting at Rs. 699 per month.

How to access Airtel IPTV

New subscribers can get started by purchasing a new Airtel Wi-Fi plan through the company’s website or by visiting a nearby store.
Existing Airtel Wi-Fi users have the option to upgrade to IPTV services via the Airtel Thanks app or by heading to any Airtel store.

Features and plan details

Airtel’s IPTV offering includes access to more than 600 live TV channels and a wide catalog of on-demand content from 29 leading OTT platforms such as Netflix, Amazon Prime Video, Apple TV+, SonyLIV, and ZEE5.

The company is also offering up to 30 days of free service as part of an introductory promotion, claimable through the Airtel Thanks app.

Tariff details:

PlanWi-Fi SpeedOTT PlatformsTV Channels
Rs. 69940 Mbps26 apps350 channels
Rs. 899100 Mbps26 apps350 channels
Rs. 1099200 Mbps28 apps (incl. Apple TV+, Prime)350 channels
Rs. 1599300 Mbps29 apps (incl. Netflix, Apple TV+, Prime)350 channels
Rs. 39991 Gbps29 apps (incl. Netflix, Apple TV+, Prime)350 channels

Availability and rollout plans

Currently, the service is accessible across most of India, except in Delhi, Rajasthan, Assam, and the Northeastern states, where it will be introduced in the coming weeks. Airtel confirmed that more rollout updates will be shared shortly.

Siddharth Sharma, CEO – Connected Homes and Chief Marketing Officer at Bharti Airtel, shared his views on the launch, emphasizing the company’s commitment to delivering an enhanced viewing experience for Indian households.

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Entertainment

Ajey: The Untold Story Of A Yogi: Film based on UP CM Yogi Adityanath’s journey announced; first motion poster out

Scheduled for a grand release worldwide later in 2025, Ajey will be available in multiple languages, including Hindi, Telugu, Tamil, Kannada, and Malayalam—ensuring that this powerful story reaches a diverse audience.

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In an exciting development for film enthusiasts and political followers alike, Ajey: The Untold Story of a Yogi, a biopic chronicling the life of Uttar Pradesh Chief Minister Yogi Adityanath, was officially announced on Wednesday, March 26. Inspired by Shantanu Gupta’s acclaimed book, The Monk Who Became Chief Minister, this film promises to delve deep into the formative experiences that shaped one of India’s most prominent political figures.

Produced by Samrat Cinematics, the film’s first look was unveiled alongside a captivating motion poster that offers a sneak peek into Adityanath’s transformative journey. It will portray his evolution from humble beginnings to his pivotal decision to embrace sanyas as a Nathpanthi Yogi and, ultimately, his foray into the tumultuous realm of politics aimed at rejuvenating Uttar Pradesh.

The newly released motion poster features Anant Joshi in the titular role, embodying the essence of Yogi Adityanath’s life of service. Complementing this powerful visual is a compelling voiceover by noted actor Paresh Rawal, which resonates with a poignant message: “Vo kuch nahi chahta tha, sab usko chahte the. Janta ne usko sarkar bana diya,” translating to, “He didn’t wish for anything. Everyone loved him. The people made him a leader.”

Directed by Ravindra Gautam, celebrated for his work in Maharani 2Ajey is set to weave a rich narrative filled with drama, action, and emotional depth. Alongside Anant Joshi, the cast includes a stellar lineup of talent, featuring Paresh Rawal, Dinesh Lal Yadav (Nirahua), Ajay Mengi, Pavan Malhotra, Garima Singh, and Rajesh Khattar, each set to deliver a performance that enhances this dramatic tale.

The film’s music will be brought to life by the well-known duo Meet Bros, while the script has been crafted by Dilip Bachchan Jha and Priyank Dubey. Visionary cinematography will be provided by Vishnu Rao, with production design handled by Udai Prakash Singh.

Scheduled for a grand release worldwide later in 2025, Ajey will be available in multiple languages, including Hindi, Telugu, Tamil, Kannada, and Malayalam—ensuring that this powerful story reaches a diverse audience.

In her comments, producer Ritu Mengi expressed her passion for the project, stating, “Yogi Adityanath’s life is a tapestry of challenges and triumphs that we aim to present with authenticity and drama. This film promises to engage viewers while highlighting the events that carved his path.”

“The story of Yogi Adityanath is one of sheer determination and selfless service. We are dedicated to creating an immersive experience that does justice to the inspiring life of a boy from a humble background who rose to lead millions,” Director Ravindra Gautam said.

As anticipation builds for this cinematic tribute to a remarkable leader, Ajey promises not just to entertain, but also to motivate and inspire new generations as they watch the unfoldment of a life dedicated to transformation and public service.

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India News

Tim Seifert’s 97 powers New Zealand to 8-wicket win over Pakistan, seal series by 4-1

New Zealand sealed a dominant 4-1 T20I series win over Pakistan as Tim Seifert’s 97 off 38 balls led them to a comfortable win in the 5th match. Jimmy Neesham took 5 wickets earlier.

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NZ vs PAK 5th T20I, Tim Seifert 97, Jimmy Neesham 5 wickets, New Zealand vs Pakistan highlights, T20I series 2025, Pakistan cricket, ODI series Napier

New Zealand rounded off the T20I series in style, registering a commanding eight-wicket win over Pakistan in the fifth and final match held in Wellington on Wednesday. The result handed the Black Caps a 4-1 series win, with Tim Seifert falling just short of a century but powering the hosts to a rapid chase of 129 runs in just 10 overs.

Seifert’s blistering 97 off 38 balls laid waste to Pakistan’s bowling attack. The wicketkeeper-batter hammered 18 runs in the opening over and set the tone for an explosive innings, hitting boundaries with ease as New Zealand made light work of the modest target.

Neesham stars with the ball, Pakistan’s batting woes continue

Earlier, New Zealand skipper opted to bowl first after winning the toss, and the home side’s bowlers executed their plans perfectly. Jimmy Neesham returned with career-best T20I figures of 5/22, dismantling Pakistan’s top and lower order. Jacob Duffy also chipped in with 2/18, as Pakistan limped to 128/9 in 20 overs.

Pakistan’s innings was salvaged by a gritty effort from the skipper Salman Agha, who scored 51 off 39 balls, and his deputy Shadab Khan with a handy 28 off 20. The duo added a crucial sixth-wicket partnership after Pakistan had crumbled to 52-5.

In response, Finn Allen gave New Zealand a flying start with 27 off 12 balls, before Seifert took charge. Despite the loss of Mark Chapman for 3, Seifert and Daryl Mitchell (2*) completed the chase in just 10 overs, finishing at 131/2, and sealing an emphatic series win.

ODI series up next

With the T20I series wrapped up, both teams now shift focus to the ODI series, beginning Saturday in Napier. Pakistan will look to regroup and deliver a stronger performance in the 50-over format to restore confidence.

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