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King of Indian bond sales warns of biggest crisis since Lehman

Axis Bank's Shashikant Rathi says the bond market is in 'complete chaos' since the shock defaults last year by IL&FS.
An Indian coin | Brent Lewin/Bloomberg

Most bearish forecaster sees rupee sliding to 80 per dollar

The prediction is way more bearish than the 71.25 median forecast in a Bloomberg survey & implies a drop of more than 11% from current levels.
A man stands outside the Bombay Stock Exchange building in Mumbai | Dhiraj Singh/Bloomberg

Sensex ends 240 points lower after India carries out air strikes in Pakistan

The rupee depreciated 38 paise to 71.35 against the US dollar in early trade, and was still trading 9 paise lower over its previous close of 70.97
Pedestrians walk past the Bombay Stock Exchange (BSE) building | Dhiraj Singh/Bloomberg

Rupee slides as IAF jets attack terror camps in Pakistan

Rupee declined for the first time in three days after geopolitical tensions escalated with Pakistan claiming airspace violation by its neighbour.
Indian currency

Rupee goes from best performing Asian currency to worst as oil, Kashmir puncture sentiment

The rupee’s losses have deepened in recent days amid escalating tensions between India and Pakistan.

Rupee becomes Asia’s worst performer from best as oil rebounds

Rupee is missing out on revival of emerging currencies as oil prices rebound & concerns mount about an expensive bailout for farmers before elections.
Indian two thousand and five hundred rupee banknotes|: Dhiraj Singh/Bloomberg

Why Nepal wants high-denomination Indian bills as legal tender in the country

Nepal has requested the RBI to allow the use of Rs 200, Rs 500 and Rs 2,000 banknotes in the country.
shagun notes

Modi govt nudged RBI for ‘shagun’ notes – Easing Hindu practices or irrational economics?

Before its disruptive demonetisation exercise in 2016, the Narendra Modi government was thinking of introducing bank notes of Rs 11 and Rs 21—denominations that are widely used for ‘shagun’ at weddings or other auspicious occasions.

Modi staying away from Parliament amounts to political obscenity

ThePrint view on the most important issues, instantly.
Indian Rupee

Before demonetisation, Modi govt nudged RBI to introduce ‘shagun’ Rs 11, Rs 21 bank notes

The proposal, however, was given a silent burial after RBI raised objections and the government turned its attention to demonetisation.

On Camera

Industrialisation only hope to eliminate poverty in Africa

African development is key to a stable world. For if it remains underdeveloped, Africa, with its exploding impoverished population, will fall prey to climate disasters and wars.

Sri Lanka terror attack: Did the world let its guard down on ISIS?

The Islamic State has claimed responsibility for the serial suicide bombings in Sri Lanka, which have killed more than 300 people till last count.

Defence

Indian Coast Guard

Indian Coast Guard increases maritime surveillance following Sri Lanka blasts

More ships and aircraft have been deployed to ensure India faces no security threat after a series of blasts killed 290 in Colombo, a Coast Guard official said.
Graphic by Soham Sen | ThePrint

Modi & Shah have turned India into ‘Jingostan’ & are out to conquer the paranoid country

The Modi-Shah BJP has resurrected dangers & the enemy from the past, and built a scary jingoism. It’s a great diversionary tactic, but it never ends well.