Atanu Chakraborty’s sudden exit over “ethical differences” has rattled investors, erasing billions in value, as RBI steps in with rare public defence of the lender.
Moscow accumulated large rupee reserves from selling discounted crude to India in aftermath of 2022 Russian invasion of Ukraine, with part of the trade settled in the local currency.
Three weeks of conflict in the Middle East have upended the entire energy supply chain. With the vital Strait of Hormuz all but closed, gasoline and jet fuel prices are surging.
US Navy declined to comment on condition of USS Gerald R Ford aircraft carrier, or whether the guided-missile destroyers that accompany it will stay on in the region.
Message from the tycoon seems to be clear: No matter who’s at war with whom, conveyor belt to Gujarat must not stop. It’s a masterclass in MAGA diplomacy that will also serve US-India ties.
Goldman Sachs last week cut its 2026 growth forecast by half a percentage point to 6.5% for the fiscal year starting April, and expects slower expansion due to India’s reliance on imported oil.
Fujairah, a major hub for both crude & fuels, has taken on increased significance for both the UAE & global markets because of its position outside the closed Strait of Hormuz.
The more important question is whether most businesses actually need these God-like AI systems, and whether they are even the right tools for the tasks that matter most.
If the route taken by the ships, which hews close to Iran’s coast, continues to be used successfully, it could mean the country is imposing a traffic control system.
When conflict with Iran ends, says the report, area’s key players are likely to reexamine longstanding assumptions & alliances as they determine how best to advance their interests.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
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