Indian Rupee plummets as renewed Middle East conflicts boost oil prices

The Indian Rupee (INR) starts the week on a negative note against the US Dollar (USD), with the USD/INR pair jumping to near 95.65. The pair gains at open as surprisingly upbeat United States (US) Nonfarm Payrolls (NFP) data for May has strengthened the US Dollar, and rising oil prices due to re-escalating conflicts between Iran and Israel have weakened the Indian Rupee.During the press time, the US Dollar Index (DXY), which tracks the Greenback’s…

Business

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Prada unveils lunar spacesuit layer for NASA moon mission

Italian fashion house Prada and Axiom Space have unveiled a jointly developed next-generation lunar spacesuit layer scheduled to be worn during NASA’s upcoming Artemis IV moon landing mission, currently targeted for early 2028.  The Houston-based space infrastructure developer announced Sunday that the liquid cooling and ventilation garment (LCVG) will act as…

Investing

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