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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

Pawan Khera appears before Assam Crime Branch in passport controversy case

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Congress leader Pawan Khera appeared before the Assam Crime Branch in Guwahati on Wednesday in connection with the ongoing passport controversy case linked to Himanta Biswa Sarma’s wife, Riniki Bhuyan Sarma.

The investigation began after allegations were made by Congress leaders claiming that Riniki Bhuyan Sarma possessed multiple passports and had overseas business interests. Following the remarks, an FIR was filed and Assam Police initiated a probe into the matter.

Khera arrived in Guwahati after being directed to cooperate with the investigation. Earlier this month, the Supreme Court had granted him anticipatory bail while asking him to participate in the probe whenever summoned by the authorities.

The controversy has triggered sharp political exchanges between the Congress and the BJP in Assam over the past several weeks. Assam Chief Minister Himanta Biswa Sarma had strongly denied the allegations made against his wife and warned of legal action.

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Education

CBSE Class 12 result 2026 declared: 85.20% students pass, direct link and official websites to check scorecard

CBSE has declared the Class 12 result 2026 with an overall pass percentage of 85.20%. Students can check results online using official websites and apps.

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CBSE Result

The Central Board of Secondary Education (CBSE) has officially declared the Class 12 board examination results for 2026. This year, the overall pass percentage stands at 85.20%, marking a key academic milestone for lakhs of students across India.

Students who appeared for the examination can now check and download their scorecards from the official CBSE result portals and other designated platforms.

Official websites to check CBSE Class 12 result 2026

Candidates can access their results through the following official websites:

  • cbseresults.nic.in
  • results.cbse.nic.in
  • cbse.gov.in
  • cbse.nic.in

Apart from these websites, students can also use DigiLocker and the UMANG app to download their digital marksheets.

How to download CBSE Class 12 scorecard

To view and download the result, students need to:

  1. Visit the official CBSE result website
  2. Click on the “Class 12 Result 2026” link
  3. Enter roll number, school number, and admit card ID
  4. Submit details to view scorecard
  5. Download and save the marksheet for future use

Digital marksheet availability

CBSE has also made digital marksheets available through DigiLocker, allowing students to securely access their academic documents online. These digital records can be used for admission and verification purposes.

Key highlight of CBSE result 2026

  • Overall pass percentage: 85.20%
  • Result released for Class 12 board exams 2026
  • Multiple online platforms activated for result access

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India News

Vijay removes astrologer from OSD post after political backlash

Tamil Nadu Chief Minister Vijay has withdrawn the appointment of his astrologer as Officer on Special Duty following widespread political backlash.

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Tamil Nadu Chief Minister C Joseph Vijay has removed his astrologer from the post of Officer on Special Duty (OSD) following strong political criticism over the controversial appointment.

The move comes just days after Vijay appointed his astrologer, Radhan Pandit Vettrivel, to a key position in the Chief Minister’s Office. The decision had triggered immediate backlash from political allies and opposition leaders, who questioned the relevance and appropriateness of appointing an astrologer to an official government post.

According to the report, the appointment drew criticism over concerns related to governance practices and the role of non-administrative figures in official decision-making. Several leaders argued that such a move could send the wrong message in a constitutional framework that emphasizes scientific temper in public administration.

Facing mounting pressure, Vijay has now decided to withdraw the appointment, marking a quick reversal in a politically sensitive matter that had already sparked debate across Tamil Nadu’s political circles.

The astrologer, who was previously seen as a close aide and had reportedly predicted Vijay’s electoral success, had been made OSD shortly after the formation of the government. However, the decision quickly became a point of controversy, forcing the administration to reconsider.

The development highlights the growing scrutiny around key appointments made by the new government and the political challenges facing Vijay in his early tenure as Chief Minister.

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