Rupee tanks 86 paise to settle at fresh all-time low of 94.82 against US dollar
Mumbai (PTI): The rupee tanked 86 paise to close at yet another all-time low of 94.82 (provisional) against the US dollar on Friday, weighed down by elevated oil prices and a stronger greenback amid uncertainties over the West Asia conflict.
A sharp decline in the domestic equity markets and sustained FII outflows put further pressure on the local unit, according to forex traders.
At the interbank foreign exchange, the rupee opened at 94.18 and breached the 94.50-mark for the first time before closing at 94.82 (provisional) against the US dollar, down 86 paise from its previous close.
The rupee slumped 20 paise to close at a record low of 93.96 against the US dollar on Wednesday. Stock, forex, commodity, and bullion markets remained closed on Thursday on account of Ram Navami.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.11 per cent higher at 100.
Brent crude, the global oil benchmark, was trading at USD 109.8 per barrel, up 0.53 per cent, in futures trade.
On the domestic equity market front, the Sensex crashed 1,690.23 points, or 2.25 per cent, to 73,583.22 points, while the Nifty fell 486.85 points, or 2.09 per cent, to 22,819.60.
Foreign institutional investors sold equities worth Rs 1,805.37 crore on a net basis on Wednesday, according to exchange data.
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B’luru: Prof Muralidhar Deshpande calls Muslim student ‘terrorist’ 13 times during class;Video viral
Bengaluru: A minute-long video is being widely shared on social media showing a classroom incident purportedly from PES University, Bengaluru, where a professor is allegedly seen calling a Muslim student a “terrorist” multiple times. According to claims circulating online, the professor identified as Dr. Muralidhar Deshpande repeated his remark caling the Muslim student a terrorist 13 times during the class on Friday, March 27.
Following the circulation of the video, fresh developments have emerged. PES University has suspended the professor pending a detailed enquiry. This was confirmed through an official document accessed by Vartha Bharati.
The document dated March 27 states, “A case of student complaint has been received. Pending a detailed enquiry into the matter, you are kept under suspension with immediate effect.” The order has been signed by the Vice Chancellor of the university. However, the document does not mention the nature of the incident or provide any further details.
Mohammed Haiyan, PR Secretary of Students Islamic Organisation of India (SIO), speaking to Vartha Bharati over a phone call, condemned the incident. He said the incident took place at the Electronic City campus of the university.
He added that they are demanding that an FIR be registered against the professor. He also said that the NSUI has already registered an NCR with the local police. However, an FIR has not been registered so far in connection with the case.
A report by The Observer Post has made several additional claims regarding the incident. It stated:
“In PES University, Bengaluru, a professor allegedly verbally abused a Muslim student named Affan in class. Dr. Muralidhar Deshpande reportedly called him a "terrorist" 13 times and said, "Iran war happened because of people like you," "Trump will take you away," and "You are idiots, you will go to hell." These remarks were made in front of around 60 students, creating a humiliating environment. CCTV footage that could have been evidence was allegedly deleted, raising concerns about accountability. Some students who supported Affan were reportedly suspended for "talking during class." The professor later apologized to the college but not directly to Affan, while the department head allegedly pressured him further.”
However, Vartha Bharati could not independently verify all of these claims mentioned in the report.
Vartha Bharati has sent an email to the university and Dr. Muralidhar Deshpande seeking clarification on the incident and the action taken. A response is awaited. The story will be updated once an official reply is received.
PES University, Bengaluru, Karnataka ,
— Team Rising Falcon (@TheRFTeam) March 27, 2026
A viral video is being reported from PES University, where a Muslim student was allegedly called a “terrorist” repeatedly not by a troll, but by a professor.
Imagine being labeled this way in front of 60 students by someone entrusted with… pic.twitter.com/aNObuWnH9e
