NOTE: This is Part III of an ongoing series on the history of India-US relations. In Part I, we looked at the historic ties between the two countries before formal diplomatic relations were established in 1947. The second part looked at bilateral ties under Jawaharlal Nehru. You can read them here and here. The year…
According to the RBI’s monthly bulletin released on Monday, the central bank purchased $16.225 billion and sold $25.169 billion in the spot market during April, resulting in a net sale of $8.944 billion. The Reserve Bank of India (RBI) was a net seller of $8.944 billion in the spot foreign exchange market in April, marking…
Let’s take a look at what a possible US-Iran peace deal signing and Strait of Hormuz opening mean for India. (AI image) “Ships of the World, start your engines,” US President Donald Trump wrote on Truth Social, announcing an imminent peace deal with Iran and the opening of the Strait of Hormuz. “Let the oil…
Rupee began Tuesday on a stronger note, rising 20 paise against the US dollar in early trade, supported by a easing oil prices and the US dollar index, after the pause in hostilities between the United States and Iran. According to forex traders, the domestic currency opened on a stronger footing after Israel and Iran…
Show Quick Read Key points generated by AI, verified by newsroom Repo rate unchanged; West Asia conflict dominates RBI’s outlook. Inflation forecast raised, growth projections cut on oil prices. Monsoon, El Niño pose risks; external stability measures announced. RBI MPC June 2026: The Reserve Bank of India’s June 2026 Monetary Policy Committee (MPC) meeting was dominated…
Whether you care about geopolitics or not, your monthly budget has already become an unwilling expert in it!From your morning chai to late-night dessert cravings, the Middle East crossfire is quietly sneaking into your kitchen bills, one price tag at a time. But thankfully, not everything in your grocery list is feeling the heat! The…
Show Quick Read Key points generated by AI, verified by newsroom Sustained rupee decline may impact India’s economic outlook. Rupee Today: INR slide is showing no signs of slowing down. The rupee touched yet another all-time low against the US dollar on Wednesday, opening 33 paise weaker at 96.86. The fall came just a day…
India appears to be facing one of its toughest economic challenges in recent years. (AI image) India appears to be facing one of its toughest economic challenges in recent years. Oil, gold, fertiliser and other commodity prices are elevated. The foreign portfolio investors are continuing to sell. Imports remain unabated. Exports are facing headwinds. Remittances…
