Saturday, 28 May, 2022
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Subhadip Sircar

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With US Fed tightening, RBI seen prudent in spending forex reserves to defend rupee

Sources said that RBI is intervening in all foreign-exchange markets including the offshore markets and will continue to do so to protect the rupee which slid to a record low Monday.

Defence

Nirmala Sitharaman being sworn in as defence minister by President Ram Nath Kovind

The biggest challenges Nirmala Sitharaman will face as India’s new Defence Minister

Sitharaman, who is only the second woman defence minister in India's history, is expected to work closely with the Finance Minister to take key industry-related decisions

Why it’s obscene to tell Ukraine to give in & how war-upended global balance of power brings openings for India

Global order is in flux, and India is being wooed by all. It opens up economic, strategic & military possibilities unimaginable till recently. It is for India to take this opportunity.
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